High school seniors planning to attend the University of Oklahoma will have to put up a $250 deposit to secure enrollment under a plan approved Wednesday by the university's board of regents.
If also approved by the State Regents for Higher Education, the change will take effect in 2009 and be a condition for summer and fall enrollment for students accepted to OU as "direct-from-high-school freshmen.”
Of the $250, $190 would go toward housing or tuition and $60 is an enrollment fee. The $190 is refundable if the student withdraws admittance by May 1.
"It is an attempt for us to manage and be able to predict with greater accuracy the size of our freshman class,” OU President David Boren said. "When we accept students, we have to guess ... how many will actually come to Oklahoma in the fall so we can make plans for housing and so-forth. This will help weed out those that are not serious,”
He said the plan also would enable OU to more quickly extend offers to students on waiting lists.
OU says seven of the Big 12 institutions require enrollment deposits. Oklahoma State University does not.
Students who don't pay by May 1 will have their offer of admission revoked. The deposit could be waived or deferred for students demonstrating financial need.
Regents also increased Cameron University President Cindy Ross's annual salary from $240,000 to $259,200, with a $50,000 bonus on Feb.