(AP) -- The University of Michigan is raising undergraduate tuition by 1.5 percent at its Ann Arbor campus next fall, its smallest increase in 26 years. University regents approved the 2010-11 budget Thursday afternoon. Annual tuition for a full-time, in-state freshman at the university's main campus will be $11,837 next academic year, up $178.
University officials say cost-cutting helped limit the increase. They say donations also have increased for financial aid and scholarships.
The school also set a 3 percent increase for out-of-state undergraduate students and 2.8 percent for most graduate programs.
The university raised tuition 5.6 percent last year.
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