The University of Wisconsin System’s Board of Regents approved the Madison Initiative for Undergraduates on Friday.
The plan is the first major initiative by UW-Madison Chancellor Biddy Martin, who replaced John Wiley as leader of the state’s flagship university on Sept. 1.
“I’m delighted and really happy,” Martin said after Friday’s Regents meeting at UW-Milwaukee’s student union. “I really do think it was critical for the quality of the institution — for the education we provide and for being able to start building up need-based financial aid that is so essential.”
Martin’s initiative features a supplemental tuition charge that grows by $250 in each of the next four years for in-state students and by $750 per year for those paying out-of-state tuition. The plan will start with the 2009-10 academic year.