UA Board of Regents approves FY19 budget requests with emphasis on strategic investments, approves tuition increases
by Michelle Saport |
Acknowledging the University of Alaska's important role in building the state's economy and future workforce, the University of Alaska Board of Regents approved an FY19 operating budget that includes funding for a range of key strategic investments and tuition increases for academic years (AY) 2019 and 2020 at its recent meeting in Anchorage.
The approved budget includes a state operating budget request of $341 million in unrestricted general funds (UGF). The request is $24 million more than the university received in FY18. "In every state that is economically competitive, education comes first, and this is true for every nation around the world. So for us to develop our economy, education must come first," said UA President Jim Johnsen.
Read the full recap of the UA Board of Regent's November meeting.