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Penn State Tuition Hike Lowest in 45 Years

Penn State trustees vote to pass the lowest tuition hike in 45 years

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    July 13, 2012: The Penn State Board of Trustees has voted to hike in-state tuition by 2.9 percent at the main campus in State College and 1.9 percent at its branch campuses. That's the lowest tuition increase in 45 years.

    Students at Penn State University will be reaching just a little deeper into their pockets to pay for school.

    One day after the Sandusky report was released, Penn State trustees voted to pass the lowest tuition hike in 45 years.

    The Penn State Board of Trustees voted to hike in-state tuition by 2.9 percent at the main campus in State College and 1.9 percent at its branch campuses.

    The increase tuition is not related to the cost of the Jerry Sandusky scandal.

    The school has said those costs are being covered by its insurer.

    In-state freshman and sophomores attending the main campus will pay about $15,560 next year. That's $440 more than last year. Out-of-state students will pay about $27,860 to attend main campus, about $650 more than last year.

    The board approved a $4.3 billion budget for the 2012-13 school year.