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AZ Board Of Regents Approve Budget Plans for Universities

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The Arizona Board of Regents has approved budget plans for the upcoming fiscal year for Arizona State University, the University of Arizona and Northern Arizona University.

The three universities were cut approximately $100 million in the fiscal year 2016 state budget and funding will be reduced another $6.1 million for health insurance costs.

Previously approved tuition plans for the fiscal year beginning July 1 and student enrollment growth won't offset state funding cuts.

ASU, NAU and the UofA all will be eliminating positions as part of their efforts to meet budget cuts.

The regents oversee the state's three public universities. They approved the budget plans at their meeting Thursday in Tucson.

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