CORRECTION: A previous version of this article did not specify it was a UNC-system Board of Governors committee who voted on the proposed tuition rate. The Daily Tar Heel apologizes for the error.
On Thursday, the UNC-system Board of Governors committee on budget and finance unanimously approved proposed out-of-state tuition increases for 2014-15 — which will only apply if the finalized state budget allows the system to enact its own rates.
The resolution moves to a vote by the full Board of Governors Friday.
The modified rates include a 11.3 percent out-of-state tuition increase for UNC-CH, compared to a 12.7 percent increase mandated by the N.C. General Assembly last year. The change amounts to an increase of $3,300 instead of $3,469.
The 2014-15 state budget needs to be finalized by the legislature and Gov. Pat McCrory by the start of the new fiscal year on July 1. The N.C. House approved its budget proposal last week, and a compromise is currently being debated in the N.C. Senate.
Both the N.C. Senate and House budgets offered the UNC system flexibility in determining out-of-state tuition rates, as long as the revenue generated by out-of-state tuition still matches a $27.2 million dollar budget cut mandated last year.