GREELEY, Colo.—Bracing for a loss of up to $15 million in state funding because of budget cuts in the coming years, University of Northern Colorado Board of Trustees revealed its intentions to raise tuition by 7 percent this summer.

The Greeley Tribune reports ( http://bit.ly/ws6LPU) that at a meeting Friday, the board's treasurer, Michelle Quinn, says it would take a 36 percent tuition increase to fill the loss of state funds.

The 7 percent tuition increase would raise the annual undergraduate cost of attendance by $691 a year. It comes on the heels of a 13.2 percent increase approved last year.

If approved, the tuition increase would make the total cost of attending the school in Greeley $17,064 per year. Trustees hope to offset the increase for students with financial aid.

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Information from: Greeley Daily Tribune, http://greeleytribune.com