Oklahoma State University students could see a tuition increase for the upcoming year, but it likely won't be as large as last year's hike.
According to a preliminary version of the proposed budget for the 2012-13 fiscal year, OSU officials plan to seek a 2.8 percent increase in tuition and fees for undergraduates from Oklahoma at the university's Stillwater and Tulsa campuses.
If the increase is approved, those students would pay an extra $204 for 30 credit hours, bringing the total to $7,441.
Nonresident undergraduates would see a 4.7 percent increase — an $871 price hike for 30 credit hours, bringing the total to $19,456.
Last year, OSU raised tuition just less than 5 percent for undergraduates and just more than 7 percent for graduate students.
The budget is up for approval at a meeting of the Board of Regents for OSU and the A&M Colleges at 10 a.m. Friday in OSU-Tulsa's executive board meeting room.
OSU's funding remained flat under a budget for the upcoming fiscal year passed last month by the Oklahoma Regents for Higher Education.
The new fiscal year begins July 1.
The higher education budget is roughly the same as the system's budget for the previous year, and is based on a $955.26 million allocation for higher education that was included in the state's budget for fiscal year 2013.
The budget is $34.7 million less than Higher Education Chancellor Glen Johnson requested in a budget proposal this year.
Of that amount, $27.8 million would have gone toward mandatory cost increases, such as rising insurance premiums and utility costs.
Also included in the budget proposal were $4 million to pay down debt on the system's endowed chair bond issue and $98,729 for tuition waivers for concurrent enrollment courses, in which high school students can earn college credit.