© 2022 St. Louis Public Radio
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Other

Students Will Pick Up More UM Tab Than State

By AP/KWMU

Columbia, MO – Students will pay more of the University of Missouri's budget this year than the state.

Tuition and fees account for 44.6% of money the the four-campus system has for this current fiscal year's budget.

State funding is about 42.2%.

Administrators say it's the first time in anyone's memory that tuition makes up more of the budget than state funding.

Four years ago state appropriations were 58% greater than tuition revenues.

The university system has discretionary spending control over $900 million in the budget. The total university budget, which includes grants, housing revenue and hospitals, is $1.9 billion.

Other

Send questions and comments about this story to feedback@stlpublicradio.org.