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Texas Regents Decline To Raise In-State Tuition

(Photo by Christopher Furlong/Getty Images)

(Photo by Christopher Furlong/Getty Images)

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AUSTIN, Texas (AP) - In-state tuition and fees will remain the same in the next school year for University of Texas System students.

The system Board of Regents voted Tuesday to maintain current prices and to keep looking for other ways to help schools meet rising costs. Presidents at the nine academic campuses have said that without more money they risk losing top faculty to competitors.

Board Chairman Paul Foster said it’s important the schools do not pass those costs on to students. The board directed Chancellor Francisco Cigarroa to explore using money from the Permanent University Fund.

The regents did approve a new four-year guaranteed tuition plan option. That allows students to enter college at a higher price with a guarantee they will pay the same rate for four years.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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