Michigan State University will now charge juniors and seniors more than other undergraduate students.
Trustees on Friday approved raising tuition by 3.6 percent for juniors and seniors but only 1.9 percent for freshmen and sophomores.
Freshmen and sophomores will pay about $12,900 for 30 credits while juniors and seniors would pay nearly $14,300.
“This year’s appropriations were helpful and our own cost-savings efforts continue, but we still need to confront years of erosion of state support and rising costs beyond our control,” said MSU President Lou Anna K. Simon. “We are resolved to protect and enhance the value of an MSU degree as well as our place among the world’s top 100 research universities -- even in this more competitive global environment -- while remaining among the most efficient of our peer universities.”
Also part of the 2013-14 MSU budget is a 4.5 percent increase in financial aid. Financial aid support continues to increase at a rate greater than resident undergraduate tuition and fees, amounting to a 59 percent increase over the last five years.
Tuition for nonresident undergraduate students will increase 3.6 percent. That would be an increase of $39.62 per credit hour. A student taking a full load of classes would pay $17,141.25 per semester.
Graduate students’ tuition will increase by 4 percent. In-state graduate students would see an increase of $24 per credit hour; nonresidents an increase of $47 per credit hour.