UW supports Gov. Walker's request for tuition freeze
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MADISON - The University of Wisconsin agrees with the Department of Administration in asking the legislature to make changes to the school's 2013-2015 budget, including a two-year tuition freeze.
“We share the Governor’s interest in keeping college affordable and tuition low,” said UW System President Kevin P. Reilly. “While UW tuition is already lower than many peer colleges and universities, a two-year tuition freeze will send the right message to Wisconsin students and families.”
UW said they "will reallocate $42 million from other resources to cover the cost of the proposed tuition freeze."
The possible budget changes come after a large reserve fund was discovered at the university.
"As part of this process, the Board will also update tuition polices and financial procedures, to provide a formal mechanism for incorporating information about year-end fund balances in decisions about biennial budget requests, annual operating budgets, and tuition rates," the university said in a statement.
On Wednesday, Governor Scott Walker also called for the tuition freeze. He had originally asked for an $181 milliong increase to the UW system in the budget, but now is asking for $87 million.
"The $87 million increase would be enough to still meet the university's costs for continuing existing programs, such as increases in debt payments and staff pay and benefits, Walker spokesman Tom Evenson said," according to the Journal Sentinel. "New programs called for in the budget bill would have to be funded out of the UW's existing budget."