BURLINGTON, Vt. (WCAX) – The University of Vermont is raising tuition.

At the UVM Board of Trustees’ fall meeting Friday and Saturday, the Finance and Investment Committee announced it had set tuition to reflect a 4.5 percent increase for out-of-state students and a 2 percent increase for Vermonters, as well as a 3.5 percent increase. increase for room and board for the next academic year.

This increase comes alongside an expansion of the UVM Promise program as part of a focus on fiscal responsibility in response to economic challenges.

Under the new guidelines, students from Vermont households with a combined annual income of up to $100,000 will be allowed to attend classes tuition-free.

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