Troy University approves tuition increase - Montgomery Alabama news.

Troy University approves tuition increase


Troy University announced Thursday an approved tuition increase for both undergraduate and graduate students that will become effective in the fall 2014 semester.

The increase was approved in May during a meeting with the Board of Trustees and Troy University Chancellor.

Undergraduates will see tuition rise by 3 percent while graduate students' costs will climb 8 percent.

Also going up is Troy University's general fee. It was $35 per credit hour but will change to $39 per credit hour.

The university says the cost increase comes as it moves to trim more than $4.3 million in expenses.

The university estimates the cost increase will raise more than $7 million in its efforts to offset a budget shortfall of $11 million.

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