VERSAILLES, KY - Community and technical college students from Kentucky will pay 3.7 percent more in tuition and full-time faculty and staff will receive a 2.5 percent raise under a $921 million budget that the Kentucky Community and Technical College System board of regents has approved.

The regents approved the budget Friday in a meeting in Versailles.

The board said the salary increase will apply to regular full-time faculty and staff members who meet or exceed job requirements on performance evaluations.

The tuition increase raises the in-state rate for the 2012-13 academic year from $135 per credit hour to $140. Out-of-state tuition rates approved include a $280 rate per credit hour for students from counties contiguous to Kentucky and $490 for all others. The increase follows Council for Postsecondary Education parameters.