The price of an education at the University of Virginia is going up this fall. The university's board of visitors voted to raise tuition and fees by about 4 percent for in-state and out-of-state students.
That brings the cost of tuition, fees, along with room and board for an in-state student to more than $25,000. It's about twice that much for out of state students which adds up to $51,600. Administrators say they were able to keep the increase low by making budget cuts elsewhere.
UVA Chief Operating Officer Michael Strine said, "We've managed to answer to the governor's call to be more affordable, particularly to in-state families, but we have some work to do close the budget gap that creates."
UVA student Ben Pickus said, "It's a great deal. If you go out of state, public school is still twice as much in tuition. My older sister goes to school in South Carolina. It's twice as much. Private school is even more."
The university says this is the smallest increase in a decade. In 2004, the board voted to raise tuition by 19 percent.
