OSU In-State Undergrads Get Another Tuition Freeze; Out-of-State and Graduate Students Get Increase
Ohio State University Board of Trustees wrapped up their June meeting this afternoon. WOSU attended the meeting and gives this highlight report.
Ohio State in-state undergraduate students can expect to pay the same tuition this coming school year as they did over the past two years. This is the first time in 50 years the school has issued three back-to-back tuition freezes. Jo Ann Davidson chairs the fiscal affairs committee.
"One of the commitments that we have traditionally made to our students is once we set that tuition that will be what they can count on for the next school year. We are not setting the tuition yet for the regional campuses yet. That will come to the fiscal affairs committee in July," Davidson said.
In-state students pay about $8,400 a year to attend OSU. Out-of-state and graduate students will see a two-and-a half percent increase in tuition and fees.
The board also approved a four-point-six percent room and board increase for the next three quarters, as well as a $27 student union facility fee.
Also at the board meeting OSU Senior Vice President for Business and Finance Bill Shkurti said the university also has already started to receive federal stimulus dollars for various programs such as research and infrastructure. He said a compliance task force has already been formed to manage the money.
"We know the federal government has made it a priority to make sure the money is spent quickly so it is a stimulus, but also that the money is spent correctly because it is taxpayers' money . So we want to make sure we hit a home run on both counts and we're working hard to do that to stay ahead of this rather than get behind it," Shkurti said.
Shkruti said he's not sure how much money OSU will get in the end. He said some of the money is tied up in the state budget which has not yet been passed. But in Shkurti's words "it's tens of millions of dollars at least."
Also noted at the board meeting is the increase in medical students who are minorities. Thirteen percent of this year's medical students are minorities - that's up from seven-and-a-half percent last year.