The Oklahoma State Regents for Higher Education today approved modest increases to tuition and mandatory fees for Oklahoma’s 25 public colleges and universities. Tuition and mandatory fees for in-state undergraduate students will increase an average of 4.8 percent statewide for the 2015-16 academic year.
On average, a full-time Oklahoma college student will pay $227 more for tuition and mandatory fees per year.
“Keeping higher education affordable for our citizens is an issue the State Regents take very seriously,” said Chancellor Glen D. Johnson. “This moderate increase will assist our state institutions in meeting their mandatory costs while they continue providing outstanding service to our students, preparing them for today’s competitive workforce.”
The state’s research universities, Oklahoma State University, Stillwater and Tulsa, and the University of Oklahoma, Norman, increased their in-state tuition and mandatory fee rates by 4.5 and 4.8 percent, respectively.
Public regional university tuition increases average 4.9 percent for in-state undergraduates.
Oklahoma’s community colleges will increase in-state tuition rates by an average of 4.7 percent.
State law requires tuition to remain at levels below the average among comparable institutions, and Oklahoma’s public colleges and universities continue to keep tuition well within those limits.
The law also requires the State Regents to make a reasonable effort to increase financial aid across the state system proportionate to any increase in tuition. Tuition waivers and scholarships provided by state institutions will increase 9.3 percent from FY 2015.
In addition, the State Regents administer Oklahoma’s Promise, a state scholarship program that allows high school students from families whose annual income is $50,000 or less to earn a college tuition scholarship. An estimated 17,600 students will receive Oklahoma’s Promise scholarships this fall. More than $37 million of the money appropriated by the Legislature for FY 2016 will fund additional financial aid programs.