"The University of California Board of Regents is expected to vote on a proposal on Wednesday that would hike tuition rates for the classes of 2027-28. The proposal has drawn protests from students, who plan to rally against the hikes ahead of the vote on all nine UC campuses. The proposal is a continuation of UC's so-called tuition stability plan that went into effect in 2022, but with key differences."
"The proposal estimates that 54% of California resident undergraduates would receive enough aid to offset the tuition increases. The average net cost of attendance for students whose families earn more than $120,000 is expected to be higher under a renewed plan, but over a third of families who make between $120,000 and $180,000 would have their increases covered by financial aid."
Regents are considering renewing the Tuition Stability Plan with changes: maintain a 5% cap but allow amounts over 5% to be banked, reduce the undergraduate tuition and student services fee set-aside for financial aid from 45% to 40% (with a goal of 33%), and add a 1% increase above inflation for capital improvements. The proposal estimates 54% of California resident undergraduates would receive enough aid to offset increases. Average net costs rise for families earning over $120,000, though many mid-income families would see aid cover increases. State funding has declined and federal funding faces threats; the president's office recommends approval.
Read at www.berkeleyside.org
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