Oklahoma State University Continues Tuition Freeze for Third Consecutive Year

Amidst ongoing efforts to make college education more accessible and affordable, Oklahoma State University (OSU) has announced its decision to freeze tuition and mandatory fees for the third year in a row.

Board of Regents' Unanimous Decision

The A&M Board of Regents expressed its unanimous support for the freeze request in a statement released following its recent meeting. This decision highlights the university's commitment to addressing the financial concerns of students and their families.

President's Appreciation

OSU President Kayse Shrum expressed her gratitude for the board's backing of the freeze request, emphasizing that it reflects their collective dedication to ensuring affordability. She also highlighted the university's commitment to effective financial management in fulfilling its mission of providing access to high-quality college education for a wide range of students.

Tuition History and Comparison

The most recent tuition increase at OSU occurred in 2021, with a rise of 2.5%. It is noteworthy that prior to this increase, tuition had remained unchanged for three years, following earlier increments in 2017. The University of Oklahoma Board of Regents is also set to convene and likely discuss a potential tuition adjustment, maintaining the historical synchronization between the two institutions.

In terms of costs, in 2023, the University of Oklahoma charged $4,797.45 per semester for in-state residents and $13,332.45 for non-residents, whereas OSU's corresponding figures were $4,621.50 and $12,381.75 respectively.

National Context

According to the Education Data Initiative, the average cost of college in the U.S. has more than doubled since 2000, increasing at an average rate of 4.11% annually. The group's research revealed that an average in-state student at a public four-year institution, living on campus, would incur expenses of approximately $27,146 per year.

Amidst these trends, OSU's decision to freeze tuition for the third consecutive year not only sets it apart but also serves as a significant boon for students and their families.