University of New Mexico to raise tuition by nearly 3%

ALBUQUERQUE, N.M. (AP) - The University of New Mexico will be raising students’ tuition next fall.

KOB-TV in Albuquerque reports the UNM Board of Regents unanimously approved the tuition spike in a budget meeting Monday morning.

Tuition will go up by 2.6%, according to Dan Garcia, president of the university’s enrollment management.

Students from in the state will pay $200 more per semester. Out-of-state students will have to fork over an additional $600 per semester.

Garcia said the increase is not related to a 4% raise for some employees or a 6% drop in enrollment.

This decision comes after the university’s announcement last month that students from households making $50,000 or less could be eligible for free tuition their freshman year.