ATHENS, Ohio (April 4, 2005) -- Ohio University is continuing to make every effort to prevent costs from becoming a barrier to attend the university. During its meeting Thursday, March 31, the university's Audit, Finance, Facilities and Investment Committee of the Board of Trustees agreed, by consensus, to recommend that Ohio University's undergraduate tuition increase be limited to 6 percent or less for the 2005-06 academic year.
It is anticipated that this increase would be one of the lowest tuition increases among Ohio's public universities.
The committee met to consider various tuition-increase options for the upcoming academic year in preparation for the full board meeting April 14-15.
"This sends a clear message that we are committed to providing an opportunity for students to attend Ohio University at reasonable costs. We've been implementing cost-cutting measures and will continue to look for ways to tighten our financial belt," Ohio University President Roderick J. McDavis said. "We will continue to look at ways we can save money without putting the quality of the university's educational experience at risk."
The Fiscal Year 2006 tuition options discussed by the committee were based on the university receiving a 3 percent reduction in state support compared to the current fiscal year. The tuition increases also included a 3 percent increase for graduate tuition, no increase in the surcharge for out-of-state students, a 3 percent increase for regional campus students, a 2 percent increase in residence hall and dining fees and a 6 percent increase in College of Osteopathic Medicine tuition.
President McDavis also pointed to another initiative designed to keep educational opportunities available to students, the recently-launched Gateway Award Program. The financial aid program blends merit-based scholarships and need-based grants to prospective students based on a combination of their ability and their need. Many of these students may not have previously qualified for scholarships or financial aid.
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