ABINGDON, Va. (AP) -- The University of Virginia's Board of Visitors has approved a 4.3 percent tuition increase for in-state students.
The increase approved Wednesday is effective for the upcoming academic year. The increase includes all mandatory fees for first-year undergraduate students.
The total cost for a first-year undergraduate Virginia resident will be $27,417, including room and board and the estimated expense for books and travel. That's a $949 increase.
For out-of-state students, the tuition increase will be 5.9 percent.
The board said the increases will help improve faculty and staff pay, cover mandated increases in U.Va.'s contribution to the state's retirement system, and help finance the university's strategic plan.
The board met in Abingdon. Tuesday, members attended the inauguration of Donna Price Henry as the chancellor of University of Virginia's College at Wise.
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