校董会

365英国上市官网 校董会 approves 2024-25 budget and tuition

365英国上市官网 校园

日历图标2024年6月28日

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365英国上市官网 校董会 approves 2024-25 budget and tuition
365英国上市官网 校园

At its June 28 formal meeting, the 365英国上市官网 校董会 approved a $304,776,589 million budget for the 2024-25 academic year. The budget reflects the university’s mission to provide students with an accessible, high-quality education in a supportive environment.  亮点包括:

  • $52.6 million in financial aid
  • Heath insurance stipends for graduate assistants
  • 加强校园安全
  • IT security initiatives
  • Mental health initiatives for students and staff

The 2024-25 tuition rate for in-state undergraduate lower division students is $15,863 or $528.75 per credit, an increase of 4.19% or $21.25.

The 2024-25 tuition rate for in-state graduate students is $21,960 or $915.00 per credit, an increase of 4.99% or $43.50.

OU’s no-fee policy keeps pricing transparent as there are no additional fees.

“Our financial planning process took into account enrollment projections, 财政援助支持, projected state appropriations and our operating costs to determine next year’s tuition rates,斯蒂芬·W说。. Mackey, vice president for Finance and Administration. “We did this with an eye towards maintaining 奥克兰’s tradition of sound fiscal management, seeking cost containment opportunities and presenting a balanced general fund budget to our 校董会 while, 同时, continuing to offer a value-based educational opportunity for our students."

As students and families grapple with rising living costs, 奥克兰 remains committed to affordability, with more than 70% of full-time undergraduate students receiving scholarships and grants to cover some or all of their tuition. OU’s institutional merit- and need-based financial aid to full-time, undergraduate students who are residents of Michigan reduces their average net tuition cost by 29%.

Qualifying freshman students can attend OU tuition-free for four years through the Golden Guarantee program.

Despite receiving the lowest funding per student from the state, OU maximizes its public dollars, conferring degrees for $8,300 below the state average. Nearly 99% of 365英国上市官网 graduates stay in Michigan, helping drive the state’s economy and quality of life.

“The current budget reflects the values inherent in 奥克兰’s mission that is informed by our history and shaped by our aspirations,” said OU President Ora Hirsch Pescovitz. “These values place the highest priority on our faculty, 教职员及学生, and emphasize policies that support an accessible, affordable and world-class education that serves as a catalyst for upward mobility and opportunity.”

除了, The Board approved a 3% increase in OU’s housing rates, 等于10美元,双人间662英镑. This is among the smallest rate increases for double-room housing at Michigan’s public universities.

While holding down costs, OU is focused on providing student residents with exceptional service and amenities. This fall will see the rollout of expanded food service hours, mobile food ordering and additional Living-Learning Communities, in which students with similar interests, passions and academic pursuits can live, learn and grow together.

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