The combined annual cost of tuition and fees at the University of Georgia has more than tripled in the past 15 years. With a 9 percent tuition hike going into effect next fall, UGA undergraduates will shell out a total of $11,610 for two semesters, about twice what it cost in 2007.The declining value of the HOPE Scholarship is also helping drive up the cost of attending UGA.his academic year, a HOPE scholarship was worth $3,390 per semester for a UGA student taking 15 credit-hours. Next year’s state budget calls for a 3 percent increase in the value of a HOPE scholarship. But it will only cover part of the tuition increase for UGA students.