The University System of Maryland on Wednesday approved a 5 percent increase in tuition for out-of-state students at the University of Maryland for the 2021-2022 academic year, among other tuition hikes.
Out-of-state tuition will grow from $34,936 to $36,683, according to documents from the body’s Wednesday meeting. In-state tuition for undergraduates will increase by 2 percent from $8,824 to $9,000, according to documents.
There were no increases in undergraduate fees, which amount to $1,955.
Junior and seniors studying business, engineering and computer science also pay a differential pricing rate on top of tuition and fees. The rate for full-time students increased by 2 percent, from $2,856 to $2,913.
The price per credit for full time graduate students increased by 5 percent for both in-state and out-of-state students. Next year, in-state tuition per credit costs $768 and out-of-state tuition per credit costs $1,706.
The Board of Regents set tuition for all institutions in the university system.