CORVALLIS, Ore. – The Oregon State University Board of Trustees met on Friday, approving tuition increases and outlining a process for naming an interim president.
For the 2021-2022 school year, undergraduate students that are returning will see a 2.5% increase and new students will see a 4% increase.
The tuition increase was passed by a 12-2 vote. It applies to resident and non-resident students at both the Corvallis and Bend campuses, as well as students enrolled through Ecampus.
Graduate students will also see their rates increase. Resident students will pay 1.5% more and non-resident students will pay 4.5% more.
Financial aid, however, is also on the rise at the university, increasing to $59.5 million next year, up from $45 million in 2020. OSU students are also expected to receive $24.3 million in federal financial aid through recently passed national pandemic relief legislation.
Moving forward after the resignation of former president F. King Alexander, the board hopes to appoint an interim president the week of April 12.
The board also agreed to undertake an external review of the search process that led to the selection of Alexander as president in 2019. Recommendations are expected by May 31 and will inform the search for the next president.
Acting President Edward Feser has said that he is not a candidate for the interim position.