Ohio State University's board of trustees approved tuition and fee increases for new students Thursday amounting to 4.6%.
Students at all Ohio State’s regional campuses will face the same percentage changes in their tuition and fees. In Lima, Mansfield, Marion and Newark, Ohioans will now be charged $8,944 per year, and out-of-state students will pay $24,237. At the Agricultural Technical Institute in Wooster, the costs will be $8,900 for in-state students and $33,137 for those coming from other states.
For one, Ohio State’s tuition freeze from 2014 to 2017 — as well as its enrollment in the Ohio State Tuition Guarantee program the following year — has caused some financial strain on the university’s operations, he said. "Ohio families are suffering from significant cost increases due to inflation, and this is not the time for college costs to increase by $549 for those families with incoming first-year students," he said. "I am disappointed that Ohio State is raising tuition on incoming first-year students. This is not a wise decision.
He added that the undergraduate student government plan to donate funds to Ohio State’s scholarship programs so that students will not have to face lifelong debt to achieve academic success.The board of trustees also approved new investments in infrastructure projects, academic programs and public safety.
On the academic side, the financial plan included a package of about $52 million allocated towards hiring about 120 faculty members in the next fiscal year — which is expected to net 10 to 20 new faculty following anticipated turnover — in order to meet the university’s goal of increasing its tenure-track faculty by 350 over the next decade.
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