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MEMPHIS, Tenn. — It will cost more to attend the University of Memphis.

A 2.3 percent hike in tuition has been approved by the Tennessee Board of Regents.

According to the U of M, the hike will add $7 per credit hour for undergraduates, $11 per credit hour for graduate students and $18 per credit hour for law school.

According to the U of M, “Today’s announcement means that undergraduate in-state students taking a full academic course load of 12 hours will pay $7,488 per year, plus mandatory fees of $1,637. In-state graduate students taking at least ten hours will pay $9,800 a year, plus mandatory fees of $1,643. Students in the Cecil C. Humphreys School of Law will pay $16,688 plus $1,475 in mandatory fees.”

For the last 15 years, the average U of M tuition hike has been 8 percent.