Stillwater NewsPress

OSU Update

June 16, 2011

Oklahoma State University will talk money at Board of Regents meeting in Tulsa Friday

By Silas Allen sallen@stwnewspress.com

STILLWATER, Okla. — Oklahoma State University officials plan to present a proposed budget, including tuition rates for the 2011-2012 academic year, at the OSU/A&M Board of Regents meeting Friday.

The board will hold its meeting at 10 a.m. Friday in the executive board room at Oklahoma State University-Tulsa’s Administration Hall, 700 N. Greenwood Ave. in Tulsa.

Included in the proposed budget will be tuition rates for the upcoming academic year, said OSU spokesman Gary Shutt. Shutt didn’t say whether OSU officials planned to ask for a tuition increase.

OSU officials have said they’re considering a tuition increase as part of a solution to replace lost revenue from cuts in state appropriations.

Last May, Oklahoma Gov. Mary Fallin announced a budget deal for the 2011 fiscal year that included a 5 percent cut for higher education statewide. The cut hinged on $21 million in supplimental funding from excess collections on the gross production tax on oil.

At an OSU Faculty Council meeting Tuesday, Joe Weaver, the university’s vice president for administration and finance, told faculty members a tuition increase was still an option. The cut in state appropriations amounts to a $12 million hit for OSU, he said. Although a tuition increase would be helpful in offsetting the loss, Weaver said, it would need to be used alongside other cost-saving measures.

One factor that could dampen the need to raise tuition as much, Weaver said, is an increase in enrollment. OSU saw its largest freshman class since 1981 during the last academic year. Based on the number of applications coming in, OSU officials have said they expect this fall’s freshman class to be even larger than the last.

Text Only | Photo Reprints
OSU Update
Buy & Share Photos
NewsPress e-Edition
NewsPress Specials
AP Video
Probe Begins After Conn. Commuter Trains Crash NTSB Begins Investigation Into Conn. Train Crash Lotto Fever Sweeps the Country Conn. Commuter Trains Collide; 60 Go to Hospital Coffee Run Leads to Hatchet Hitchhiker Arrest Fmr. IRS Head Insists No Politics in Targeting CDC: Fecal Bacteria Common in Swimming Pools $1 Million in Jewels Stolen at Cannes Film Fest NM Mom Chases Down Child Abductor Raw: Crash Sends Car Into Fla. Pool Raw: Obama Sits Down With Elementary Kids Raw: Bear Falls From Tampa Tree Ousted IRS Chief: Errors Not Caused by Politics Terror Suspect Due in Court in Idaho Friday Raw: Driver Ejected From Truck, Over Bridge Could Tobacco Be the Next Biofuel? Wash. State Releases Draft Rules for Legal Pot Dying Man's Blinks Lead to Murder Conviction Officials: Texas Tornado Likely Had 200 Mph Wind Brothers Arrested in NOLA Parade Shooting
Stocks
NDN Video
Raw: Tornadoes Spotted in Kansas Twiggy, the Water Skiing Squirrel Sailor Surprises His Mom At Her CU Denver Graduation Ceremony Official: ‘Amazing’ No One Was Killed In CT Train Crash Lotto Fever Sweeps the Country Coffee Stop Leads To Arrest Of YouTube Sensation Wanted For Murder Bearded Dragon Reunited With Owner Marine Reunited with Warzone Companion Raw: Crash Sends Car Into Fla. Pool Beyonce Is Pregnant! SF baseball player overpaid $500,000 RETURNS money -- and team says KEEP IT $1 Million in Jewels Stolen at Cannes Film Fest Dad returns from Afghanistan, surprises family during Rays' first pitch See Jennifer Lopez's New $10m Hamptons Mansion Woman tricked into taking abortion pill Emma Watson Goes Pantless IRS scandal: Republicans seek to tie Obama to agency's woes Play of the Day: Flipping to Safety Pregnant Kim Kardashian Squeezes Her Swollen Feet Into Stilettos Top Videos of the Week: Angry Taco Bell Guy, Glacier Moves on House, Dog Hates Baths