November 18, 2010
The 2011-12 budget UC Regents approved Nov. 18 includes an 8 percent fee increase. At the same time, regents expanded financial aid options for needy low- and middle-income California resident students. With the expanded financial aid, 55 percent of UC undergraduates will not have to pay the increase. The fee increase is part of a budget that seeks to stabilize UC finances by increasing fee revenue, saving $101.1 million through administrative efficiencies and asking the state for an increase of $596.1 million in next fiscal year budget. Read more.