The Board of Trustees of the Minnesota State Colleges and Universities approved the annual operating budget for FY2024 that includes a freeze in undergraduate tuition at FY2023 levels, which averaged $8,685 at the system’s universities and $5,471 at its colleges. Riverland Community College is included in the tuition freeze, a move made possible by funding approved by the legislature and Governor Walz in their higher education funding bill for the 2024 – 2025 biennium.
“We have deep appreciation for the leadership that Chair Gene Pelowski, Chair Omar Fateh, committee members, and Governor Walz showed in making this tuition freeze possible with their historic investment in higher education,” said Devinder Malhotra, chancellor of Minnesota State. “The funding positions the colleges and universities of Minnesota State to respond to the critical needs of students, promotes equitable student success, and will help provide Minnesota the talent and workforce it needs.”
The funding that made the tuition freeze possible was one outcome of the 2023 legislative session that featured a $292.9 million investment in the colleges and universities of Minnesota State. The legislation provides funding to freeze tuition rates for undergraduate degree-granting programs for the 2023-2024 and 2024-2025 academic years at 2022-2023 academic year rates.
In addition to the tuition freeze, other key provisions of the final bill that enhances higher education affordability and accessibility included funding for:
The colleges and universities of Minnesota State have long offered students the lowest tuition and fees in the state, providing students an outstanding education value and the ability to limit or avoid debt.
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Minnesota State includes 26 community and technical colleges and seven state universities serving approximately 300,000 students. It is the third-largest system of two-year colleges and four-year universities in the United States.