Approving a new $9.5 million budget for the upcoming year that barely covers fixed-cost increases like insurance, the University of Science and Arts of Oklahoma Board of Regents has agreed to raise tuition this fall, and to grant the first pay raise in three years for faculty and staff.
The average student will pay about $289 more per year – or about the price of an MP3 player.
USAO President John Feaver called the increases “necessary under difficult budget constraints.”