University of Pittsburgh students can expect their tuition, housing and dining bills to go up next semester.

On Thursday, the Pitt Board of Trustees budget and executive committees unanimously approved the university’s $2.7 billion operating budget and $667 million capital budget for the 2022-23 academic year.

Highlights include:

a 3.5% tuition increase for in-state undergrads at the university’s Oakland campus a 5.5% increase for Oakland out-of-staters a 2% increase for in-state and out-of-state students at Pitt’s four regional campuses in Greensburg, Johnstown, Titusville and Bradford

On paper, most Oakland in-state students will pay about $335 more in tuition costs each semester, while regional campus students will pay an additional $135.

On-campus housing and dining costs are also set to rise. Houses prices will increase by 4.6-4.9% in Oakland and by 5-6% at the regional campuses. The university will up dining costs by 4% at the main campus and by 4.3-5% regionally.

These costs also went up during the 2021-22 academic year after Pitt froze tuition and housing costs in 2020.

Though students’ tuition rates have grown by about 10% over the last four years, university officials said financial aid has increased by about 30% during that same period.

“As in recent years, we will invest much of these tuition increases back into financial aid for students,” said Senior Vice Chancellor and Chief Financial Officer Hari Sastry on Thursday.

During the meeting, Sastry also nodded to the university’s $151 million appropriation that it received from the state in the 2022-23 budget. Pitt will use this money to provide tuition discounts for its in-state students.

Pitt’s state funding stirred debate this year after some House Republicans questioned their support for it over the university’s research using fetal tissue from elective abortions. Republicans indicated they wanted to withhold Pitt’s state funds and give this money directly to Pitt students.

MORE PITT NEWS:

• Pa. House approves Pitt funding after months of debate over fetal tissue research

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• What would a college voucher program mean for students in Pennsylvania?

Despite attempts from the Republicans to either end the research or redirect Pitt’s funding, Pitt’s appropriations bill was approved.

“We are grateful to our leaders in Harrisburg for maintaining their investment in the future of our commonwealth,” Sastry said.

Faculty pay boost

The $2.7 billion operating budget reflects a 5.8% increase compared to last year’s operating budget of $2.6 billion. Meanwhile, the capital budget increased by 90% — from $351 million last year to $667 million in 2022-23.

Sastry said this budget enhances Pitt’s commitment to “strengthening research, recruiting and retaining high-caliber students, enhancing diversity and supporting sustainability.”

The university plans to “reward hard-working faculty and staff” with a 4.25% increase for pay raises and retention. Many Pitt employees haven’t seen a salary increase since the beginning of the pandemic, Sastry said.

Additionally, Pitt’s research budget hit $1 billion for the first time in university history.

“This reflects the continuation of the exceptional work of Pitt researchers and staff and further strengthens our institution’s position as a global leader in research and innovation,” Sastry said.

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