On June 15, 2016 the MSU Board of Trustees approved an increase in tuition by almost four percent for the 2016-2017 academic year.
Tuition costs are now 3.7 percent higher for in-state freshmen and sophomores, 3.9 percent higher for juniors and seniors and 4.2 percent higher for out-of-state students.
According to a Detroit Free Press article, this means that in-state students will pay between $250-$264 more per semester, assuming a 15-credit semester.
Graduate students will see a four percent increase in the fall.The board also approved a 4.5 percent increase in financial aid payments.
For the 2017-2018 academic year, the board expects an additional four percent increase for all students.
Oakland University and Lansing Community College are also seeing a hike in tuition. On June 6, the OU board approved a 3.95 percent increase in tuition, which is their second largest hike within the last five years.
LCC is seeing a tuition increase of 12.5 percent for fall 2016. Students will go from paying $88 per credit hour to $99 per credit hour, or an $11 increase.
Hear what the MSU community has to say about college tuition in the video above.