Tuition would increase under the University of Missouri System’s proposed 2021 budget. Also, the system plans to begin restructuring how fees are charged to students at MU and the University of Missouri-St. Louis.
The proposed budget, nearly $3.4 billion, would raise tuition this fall by 2.3% for students at all four campuses, according to a report presented Monday by UM System Chief Financial Officer Ryan Rapp. He spoke to the UM System Board of Curators’ Finance Committee in advance of the full board meeting later this week.
The 2.3% increase would bring the per-credit-hour price at MU to $311, up from $299 per credit hour in the 2019-2020 academic year. The raise is equal to the consumer price index, primarily covering inflation, and would provide about $7 million in revenue for MU, spokesperson Christian Basi said.
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