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Vincennes University Sets New Budget

Vincennes University Board of Trustees has approved a new budget and it is the largest ever in the schools history.

The total is $157.5 million.

That includes $1.3 million for facility repair, rehabilitation and also assumes that two new facilities will be opened.

Officials say that due to support from the state legislature VU will have the second lowest tuition increase of all public institutions in the state; however there will be a 4-percent room and board increase over the next two years.