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U of L’s draft budget brings costs, cuts

Home > News > U of L’s draft budget brings costs, cuts

By Kyeland Jackson —

To Papa John’s CEO John Schnatter’s chagrin, U of L’s new budget brings a bigger price tag to students.

U of L’s Board of Trustees reviewed the budget Thursday. The draft promises a flat tuition rate, but compensates those lost funds, partially, with increases to parking rates and a three percent increase to housing rates. Parking costs will increase for:

  • Red passes: $590 –> $620
  • Magenta, White & Jewish Hospital: $379 –> $399
  • Blue: $281 –> $296
  • Yellow, Orange, Minardi & Brown: $150 –> $169
  • Green: $132 –> $149
  • Purple: $98 –> $100

Those parking rates could generate $157,400 if approved.