ASG representatives from eight UNC-system schools - including UNC-Chapel Hill - were present at the meeting.
The group opposed the 4 percent across-the-board tuition increase passed earlier by the BOG but supported how the money will be used - student financial aid.
"We're not happy with the 4 percent increase, but we are happy it goes toward financial aid," ASG Vice President Liz Gardner said.
The increase, mandated by the board's tuition-setting policy, is meant to offset rising system operating costs caused by inflation.
The 4 percent tuition increase is expected to produce about $8 million the first year. The money will partially fund a need-based financial aid package, according to the BOG's 2001-2003 budget request.
The BOG also will request nearly $18 million from the N.C. General Assembly during the next legislative session. Together tuition and legislative contributions would fully fund a $31 million need-based aid program the legislature began funding last year.
ASG President Andrew Payne thanked students, saying it was their persistent lobbying of system officials that ensured the funds raised from tuition were directed toward aid instead of other operating costs within the system.
Payne said directing the money toward aid is particularly important because officials at both Appalachian State University and UNC-Pembroke are examining the possibility of campus-initiated tuition increases.
Campus-initiated tuition requests are due to the UNC General Administration in December.