UW regents erase excess credit surcharge except at UW-Madison
MADISON, Wis. (AP) - University of Wisconsin System leaders eliminated a surcharge Friday, April 10 for most students who accumulate too many credits.
The regents established a policy in 2002 that imposes a surcharge on students who accumulate 165 credits or 30 credits more than required to graduate from their program, whichever is greater. The fee is equal to 100% of resident tuition.
UW schools collect about $100,000 in revenue from the surcharge annually, with most of the money coming from UW-Milwaukee and UW-Whitewater, system officials wrote in a memo to regents.
But the memo cites a 2018 study that found such surcharges don’t improve graduation outcomes and increase student debt, creating a substantial financial burden for students.
The regents approved eliminating the surcharge except at UW-Madison. Officials at the flagship university still feel the fee spurs students to finish their degrees quickly, the memo said.
The decision was unanimous and there was no discussion.
FREE DOWNLOAD: Get breaking news alerts in the FOX6 News app for iOS or Android.
Featured
Marquette announces public launch of $750M fundraising campaign
According to a news release, the campaign is the most ambitious in Marquette’s 140-year-history.
Featured
Teachers union calls for special meeting as MPS return looms
With only a few days before the youngest MPS students return, the union said there are some important questions left unanswered.