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CU Says Obama’s April Visit Cost Nearly $110,000

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People listen as US President Barack Obama speaks at the University of Colorado Boulder April 24, 2012 in Boulder, Colorado. President Obama is on a two day trip through the 2012 US Presidential race battle ground states of North Carolina, Colorado and Iowa where he is speaking about the cost of student loans and other issues. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)

People listen as US President Barack Obama speaks at the University of Colorado Boulder April 24, 2012 in Boulder, Colorado. President Obama is on a two day trip through the 2012 US Presidential race battle ground states of North Carolina, Colorado and Iowa where he is speaking about the cost of student loans and other issues. (credit:BRENDAN SMIALOWSKI/AFP/Getty Images)

BOULDER, Colo. (AP) – The University of Colorado Boulder says it cost almost $110,000 to host President Barack Obama in April.

Obama visited on April 24 to talk about lower-cost student loans.

The university said Tuesday that it spent $109,237 on Obama’s visit to cover items including parking and transportation services; police staffing and support; and facilities management costs.

CU says the expenses won’t result in any tuition or fee increases to students, and they won’t reduce campus budgets. Instead those costs are being paid from existing insurance rebates to the university.

CU-Boulder Chancellor Philip P. DiStefano says the school was honored to host Obama, whose visit drew international media coverage.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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