NORMAN — Full-time undergraduate students who attend the University of Oklahoma soon will pay a flat rate for tuition and mandatory fees, OU officials said Thursday.
Under the plan, any full-time undergraduate student who takes between 12 and 21 credits per semester will pay a flat tuition rate. Officials say the plan will increase the university's four-year graduation rate and save money for students and their families.
OU officials also announced the university doesn't plan to raise tuition or mandatory fees for in-state students this year.
Similar flat-rate tuition policies are in effect at a number of other universities in the region, including the University of Texas, Texas A&M University and Baylor University.
The new tuition policy would go into effect during the fall semester. Under the flat-rate policy, students could expect to pay about $13,384 per year to go to OU. That cost includes tuition, fees, room, board, transportation and other expenses.
The flat rate is based on the university's 15-hour tuition rate.
Officials say the plan will encourage students to enroll in 15 hours or more, making them more likely to graduate in four years and save them thousands of dollars they might have spent on additional semesters at OU.