OU increased its undergraduate tuition rate last year by 3 percent for Oklahoma residents and 5 percent for nonresidents. The university has seen tuition increases each year since 2009, when the state higher education system saw a 3 percent increase in funding. That increase was driven in part by the influx of $69 million in federal economic stimulus money.
This year, higher education saw its budget increase by $33 million, most of which goes to cover the cost of the $24 million debt service on the 2005 higher education capital bond issue.
OU President David Boren gave guarded praise for that increase; the amount was less than higher education officials had requested. Oklahoma higher education Chancellor Glen Johnson had requested a $97.4 million increase over the last fiscal year, with $55 million going toward the state's performance and college completion goals.
OU's tuition plan will go before the OU Board of Regents at a meeting at 4:30 p.m. Monday at the Noble Conference Center and Pavilion, 2510 State Highway 199E, Ardmore.
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