Prices are going down for almost all of Georgia’s 340,000 public university and college students, including those at Augusta University.

The University System Board of Regents voted Tuesday to eliminate a fee in exchange for a big boost in state funding.  Overall costs will fall by 7.6% at the typical school. Regents are eliminating what was called the special institutional fee.  It was imposed in 2009 due to steep budget cuts during the Great Recession.  The fee remained until lawmakers allotted $230 million to replace what students were paying.

Thanks to Mary Liz Nolan of WGAC for the story.