The Indiana State University board of trusties has approved a tuition hike for the 2013-14 school year.
Tuition and fees will rise by nearly 2 percent each of the next two years.
Full-time, in-state students will pay $4,128 per semester in tuition and fees which is an increase of $79 over last year.
School officials say that the tuition increase is needed to continue progress on the university’s strategic plan and to meet unavoidable increases in such areas as health insurance and utilities.
Next year’s budget will increase by more than 4% to just over $152 million dollars.
ISU’s increase is close to increases approved by IU and Ball State, but none of those schools come close to matching Purdue.
Former Governor and current Purdue president Mitch Daniels has frozen tuition for the coming school year.
Trustees also authorized university administrators to seek state approval to relocate the Sycamore track and field facility to recently acquired university property in the Wabash Riverfront area.
The project, included in Indiana State’s 2009 master plan, carries an estimated cost of around $4 million and would be funded by interest income, commissions and private donor support.