OSU Sets Tuition Increase | News Radio 1190 KEX

0

The Oregon State University Board of Trustees on Friday approved tuition fees for the 2022-23 academic year, including a 3.5% increase for returning undergraduates and a $4 increase, 5% for new undergraduate students enrolled in the fall.

The board unanimously approved the tuition proposal after months of work by the university’s budget committee made up of OSU faculty, staff, students, and administrators, as well as several open forums with students, faculty and staff.

At the same time, OSU will increase university-funded student financial aid by $11 million. OSU’s commitment to university-provided financial aid will be $84 million next year, up from $42 million in 2018-19.

Approved tuition increases apply to Oregon resident and nonresident students at OSU’s Corvallis campus, OSU-Cascades in Bend, and those taking online courses through Ecampus, the program of distance education from OSU. The approved tuition and fee levels are consistent with the policy adopted by the board to keep annual tuition fee increases between 2% and 5%.

“Setting tuition fees is one of the most difficult and complex topics the board faces each year,” said Becky Johnson, interim president of OSU. “Tuition setting is done with great sensitivity and helps support student success and other academic initiatives, while taking into account state funding for higher education and anticipated inflation. We see the impact that tuition and fees have on many students and their families, and in response the university will provide another significant increase in financial aid.

The new tuition represents an average increase of $360 per year for Oregon resident undergraduates, $1,035 for returning nonresident undergraduates who enrolled during the course of the year. 2021 academic year or earlier, and an additional $1,080 for non-resident students who entered OSU for the 2022 academic year. Fees represent an increase of $450 per year for new resident undergraduate students from Oregon and an additional $1,395 for new non-resident undergraduate students. Undergraduate tuition for new students at OSU-Cascades will increase a little more because the tuition rate at Bend is equal to the tuition at the Corvallis campus.

There will be no tuition increase for resident graduate students and a 3.5% increase for non-resident graduate students. Tuition fees for pharmacy and veterinary students at the Corvallis campus and physiotherapy students at OSU-Cascades will increase by 3.5%. Fees will not increase for Professional Masters of Fine Arts, Counseling, and Teaching programs at OSU-Cascades.

The board heard that the university is working on creating an enhanced web-based tuition calculator to help new and continuing students get tuition information based on their year in school and of the particular educational program in which they are enrolled.

Student incidental fees will increase by 5.7% — an increase of $26.18 per term — at the Corvallis campus and $50 per term at OSU-Cascades. Incidental fee rates are developed by student government committees and leaders of both OSU campuses and recommended to the university president. Mandatory construction and registration fees on both campuses will increase by up to 4.4%.

The board heard an update on the search for the next OSU president from Trustee Julie Manning, who chairs a search advisory committee made up of several trustees and students, faculty, staff , alumni, and OSU higher education stakeholders.

Manning said the position of president is generating strong interest among candidates and nominees nationwide.

“We see a field of highly qualified applicants and also a diverse field of applicants, which is an area of ​​focus for the search committee,” Manning said.

In mid-April, the Search Advisory Committee plans to hold confidential selection interviews with applicants and in early May, the committee will submit a list of recommended semi-finalists to Kirk Schueler, Chairman of the Board. Schueler will then share with the board his list of recommended semi-finalists for consideration by the board. Semi-finalist interviews will take place via Zoom in executive session in early May.

Manning said the board will invite the finalists to the Corvallis campus for public forums the week of May 23 and will arrange interviews with the finalists with the board. She said the selection and announcement of a new chair is expected by June 3 and the new chair will begin work in early July.

Source: Oregon State University

Share.

Comments are closed.