March 31, 2010. House proposes $3.4 billion budget for SUS, Senate offering $3.54 billion, Both include 8% tuition increase.

By Kathleen Haughney   The News Service of Florida

TALLAHASSEE — Despite initial projections that the university system could take major hits in next year’s budget, university officials are relatively happy to see that they will likely see a budget between $3.41 billion and $3.5 billion, about on par with last year’s.

“Given the history of things, we’re not distressed,” said Florida Board of Governors spokesman Bill Edmonds.

The House is proposing a $3.4 billion budget for the state university system with an 8 percent increase in base tuition taking it from $88.59 per credit hour to $95.67 per credit hour. Individual universities would then be able to raise tuition an additional amount.

In comparison, the Senate is offering up a $3.54 billion budget that also includes the 8 percent tuition increase.

Read more at orlandosentinel.com.