Columbus State University's tuition will increase by 2.5 percent for fiscal year 2015, under a budget plan approved Tuesday by the state's Board of Regents .
In-state tuition for CSU will be $2,549 for 15 or more credit hours/semester, at a per-hour rate of $169.93. Out-of-state students will pay $8,997 at a per-hour rate of $599.80.
Twenty seven of the state's 31 public colleges and universities will increase at this rate — the 2014-15 academic year will be the third year in a row that tuition has increased 2.5 percent, the board said.
Tuition at state schools has increased annually since at least 2002, according to the Associated Press. The increases "maintain the needed balance of state funding covering 50 percent of the cost of instruction and tuition the remaining 50 percent," said USG Vice Chancellor for Fiscal Affairs John Brown in a release.
The remaining four schools saw "targeted" increases in their tuition, the board said: Georgia Tech's tuition will increase 9 percent, the University of Georgia’s tuition will rise 7 percent and tuition at both Georgia Regents University and Georgia State University will increase 4 percent.
Brown said that the higher rates are market driven; and that, even then, Georgia Tech and UGA have below-average tuition among their peer institutions.
In addition to the tuition increases, the board also approved various student fee increases and increased state funding for the HOPE Scholarship program by about 3 percent.