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June 27, 2014 - State Regents Continue to Keep Tuition Affordable RSS feed

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The Oklahoma State Regents for Higher Education recently approved modest increases to tuition and mandatory fees for Oklahoma’s 25 public colleges and universities. Tuition and mandatory fees for in-state undergraduate students will increase an average of 5.8 percent statewide for the 2014-15 academic year.

On average, a full-time Oklahoma college student will pay $258 more for tuition and mandatory fees per year.

"The issue of tuition and fees is something the State Regents take very seriously each year," said Chancellor Glen D. Johnson. "Our goal is to provide our students with a quality, affordable higher education opportunity. This moderate increase will enable our state colleges and universities to continue providing outstanding service to our students."

At the University of Oklahoma, tuition and mandatory fees increased by 4.8 percent. Tuition and mandatory fees will not increase at Oklahoma State University’s Stillwater and Tulsa campuses for the 2014-15 academic year.

Other state universities have tuition increases averaging 6.4 percent for in-state undergraduates.

Oklahoma’s community colleges will increase their in-state tuition rates by an average of 6.0 percent.

State law requires tuition to stay at levels below the average among comparable institutions, and Oklahoma’s public colleges and universities continue to be well within those limits.

The law also requires the State Regents to make a reasonable effort to increase financial aid across the state system proportionate to any increase in tuition. Tuition waivers and scholarships provided by state institutions will increase 8.1 percent from FY 2014.

In addition, the State Regents administer Oklahoma’s Promise, a state scholarship program that allows high school students from families whose annual income is $50,000 or less to earn a college tuition scholarship. An estimated 18,300 students will receive Oklahoma’s Promise scholarships this fall. More than $37 million of the money appropriated by the Legislature for FY 2015 will go toward additional financial aid programs.