University of Colorado regents have approved a new tuition model that effectively raises in-state tuition by 8.7 percent on the campus in Boulder.
Regents voted 6-3 Tuesday to approve the new model, raising tuition for students in the College of Arts and Sciences to $8,760.
Under the new model, full-time students would be charged $365 per credit hour for 12 credit hours. Currently, full-time students pay $358 per credit hour for 11.25 credit hours per semester, though they can take several more credits.
Regents approved a 1.9 percent increase for first-year undergraduates from out-of-state on the Boulder campus, raising the incoming rate to $30,538.
They also approved a 3.1 percent increase in a merit-based compensation pool for faculty, plus 6 percent tuition hikes at CU's Denver and Colorado Springs campuses.