A smaller budget could mean tuition hikes within the University of Nebraska system.
NU regents were told Friday, should the legislature approve a much-reduced budget proposal, the University of Nebraska would need to increase tuition by about four-percent each of the next two years or make further program cuts.
According to the Lincoln Journal Star, the university needs a 5.1 percent increase in state funding in order to meet its projected operating expenses.
However, the legislature's appropriations committee has proposed only a 2.5 percent increase. Governor Dave Heineman proposed a 4.2 percent increase, but this is still below the projected budgetary needs of the university.
The appropriations committee will hold a hearing Tuesday on the NU budget. The legislature is expected to pass its budget bills by May 20.
The NU board of regents will consider its budget and tuition rates on June 7.
Courtesy: Lincoln Journal Star