AUBURN (AP) — Auburn University students will pay more for their education next school year after trustees approved a 12 percent tuition increase.

Auburn’s board of trustees, faced with a record $60 million budget deficit, voted for the increase Friday and it will be applied to the main campus as well as Auburn Montgomery.

Tuition for Alabama students will go from $2,917 to $3,250 and rates for out-of-state students will jump from $8,167 to $9,130.

Jimmy Rane of Abbeville said he opposed the increases and estimated that 26 percent of Auburn students won’t be able to afford the higher tuition. $20 million a year

The increases will generate about $20 million a year for the university, about half the amount it will lose in the budget year that starts Oct. 1.

Don Large, Auburn’s executive vice president, said $60 million is the largest budget cut the AU System has ever faced. Approximately $40 million of the deficit is a result of the state budget, he said.

Auburn’s increases are similar to those adopted by other boards of trustees since the Legislature passed the new budget.

University of Alabama System trustees recently voted to raise tuition by 12 percent at the Tuscaloosa campus, 11 percent at the Birmingham campus and 14 percent at the Huntsville campus.

Also Friday, AU trustees voted to borrow $92.5 million. Most of that — $84.6 million — is slated for building a new basketball arena on campus. The rest of the money will be used to renovate athletic offices.

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