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University debt decreases by $4 million

University debt decreases by $4 million
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Board of Trustees approves tuition increase for FY22

Northern Star DeKALB  – The Board of Trustees unanimously approved a 1.5% tuition increase after holding tuition flat for five years as the university faces a $26.5 million deficit.  The 1.5% base tuition increase represents a $5.23 increase in the per credit hour rate and a $70.99 increase in the full-time rate for undergraduate students. For graduate students, there will be a $5.36 increase per credit hour and a $64.32 increase in the 12 or more credit hours. Undergraduate tuition starting FY22. (Board of Trustees Feb. 18 agenda) There will be a 0.79% increase for law students representing a $5.36 increase per credit hour and a $64.32 increase in the maximum rate.  Graduate and Law school tuition starting FY22. (Board of Trustees Feb. 18 agenda)

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