U of M regents approve 2014 budget, tuition freeze for in-state undergrads

Undergraduate students at the U of M with Minnesota residency won't see an increase in tuition next year under the 2014 operating budget approved by the Board of Regents Friday, according to the Star Tribune.

It's the first tuition freeze in a generation, the newspaper says.

Out-of-state students without reciprocity agreements, along with graduate and professional students, will see tuition go up.

The newspaper points out a 9 percent increase for first-year resident students in the university's Law School, raising tuition to $38,040.

The Pioneer Press says some fees will go up, but they're some of the smallest increases seen in years.

The approved budget includes $61 million more than the year before with funds to hire more than 50 faculty members and more money for research.

The regents also approved more than $110 million in capital projects for the coming school year, the Pioneer Press reports. About $6.6 million of that will go to improvements to TCF Bank Stadium funded by the Vikings, who will play at the school for two seasons while the new stadium is being built.