The Council on Postsecondary Education has approved Murray State University's proposed tuition fees for the next academic year.
The new model for the 2016-17 academic year applies to incoming freshmen, transfer students and new non-degree seeking students. Undergraduate students will pay $4,200 per semester for 12-15 credit hours. An hourly rate will be applied to credit hours over 15.
Returning full-time undergraduate residents will pay an additional $168 per semester. Non-resident undergraduates will pay $468 more per semester.
President Bob Davies said in a press release “Our new scholarship model is aggressive – and progressive – providing students a percentage of their total tuition, instead of a flat rate.”
The new model was developed after two years of research and on the heels of state budget cuts to higher education appropriation.