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SEATTLE -- The University of Washington Board of Regents has approved a 16 percent tuition increase for in-state undergraduate students.

With the increase, tuition and mandatory fees for the 2012-13 academic year will total $12,401. That's a $1,564 increase. The regents also voted Thursday to allocate 30 percent of the increased tuition dollars to financial aid.

The tuition increase is equal to the amount allocated in the state budget for the current biennium. Lawmakers OK'd double-digit tuition increases to make up for similar cuts in state dollars going to the university. Washington State University and Western also increased their tuition by 16 percent.

In-state tuition at Evergreen and Central will go up 14 percent this fall. Tuition at Eastern is going up 11 percent.

University of Washington: Why is tuition increasing?

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