The Ohio University Board of Trustees will look to increase undergraduate tuition and housing by 3.5 percent and dining by two percent for the 2020 fiscal year.
For Ohio residents, annual tuition would go from about $12,192 to about $12,618.
The housing payment would increase from $6,822 to about $7,060 for in-state students while dining costs would increase from about $5,790 annually to about $5,905. Incoming students could expect to see an overall increase in housing and dining payments of $350.
The increase was proposed by Executive Vice President and Provost Chaden Djalali and Vice President Finance and Administration, CFO and Treasurer Deborah J. Shaffer. The communication was sent to OU President Duane Nellis and the Board of Trustees on Jan. 2.
Undergraduate students that are already enrolled at OU are under the OHIO Guarantee, which includes no increase to tuition costs for four years.
The recommendation comes after cost pressures from compensation, health care and deferred maintenance, Shaffer and Djalali said in the proposal. In the 2017 Fall Semester, the undergraduate headcount was 17,925, a 1.6 percent decrease from 2016, according to the Ohio University Fact Book.
The increase is dependent on a two percent state tuition cap and a projected five year average consumer price index, or CPI, of 1.5 percent as permitted by Ohio Revised Code for institutions that have an undergraduate tuition guarantee, according to the proposal.
The 3.5 percent increase to housing and two percent increase to dining will be used for future deferred maintenance, debt service and inflationary pressures.
Fiscal year 2020 will see an increase in scholarship support for the third consecutive year. Auxiliaries have also budgeted an additional $500,000 toward instructional scholarships.
