Ohio State University to rule out 2023 Tuition Guarantee for the upcoming batch
The Ohio State University Board of Trustees will consider a proposal for 2023 tuition and fees that will continue the university’s Ohio State Tuition Guarantee. The program locks in tuition, housing and dining costs for each entering in-state student cohort for four years.
The university proposes to increase tuition and fees for incoming Ohio freshmen by 3% starting in autumn 2023. That equates to a $374 annual change from last year’s rate. The Board of Trustees will consider the proposal this week.
This rate will then be frozen for four years for new in-state students. Ohio State would remain the second-most-affordable university for resident undergraduates among selective admission public universities in the state and would be more affordable than nine of 15 Big Ten schools.
Tuition and fees support the university’s academic excellence and core mission to provide a comprehensive, inclusive and affordable education that prepares the next generation of leaders and engaged citizens for the workforce of tomorrow and to serve the state, the nation and the world.
In Columbus, in-state tuition and fees would total $12,859 per year for incoming first-year students. The most common housing and dining plans will total $14,382 under the proposal, an increase of about $416 year-over-year. Housing and dining rates remain frozen for those in the Ohio State Tuition Guarantee.
Approximately $1.45 million annually in undergraduate tuition will be invested in the Office of Student Life’s student wellness and mental health services, education and prevention efforts. That funding will be in addition to the more than $7.74 million the office spends annually on student mental health and wellness.
The additional, dedicated investment in wellness and mental health will allow the university to expand coordinated peer-to-peer mentoring and educational programming, which have been proven to be an effective way to connect with college students. It will also allow the expansion of mental health awareness and response training, and related education and prevention opportunities for campus community members, the expansion of suicide prevention and screening programs, and other mental health and wellness programs.
Pending approval by the Board of Trustees, additional tuition and fee proposals include:
The non-resident surcharge for students who attend classes in person would increase by 5.2%. Overall, tuition and mandatory fees for incoming non-resident students would increase by $1,643.
Student health insurance, which covers a third-party pass-through rate, would increase by 1.76% or about $62. Most domestic students utilize private insurance instead of obtaining coverage through the university.
General graduate tuition and fees would increase by 3.8% for Ohio residents – a change of about $500 for students on the Columbus campus. Among graduate and professional programs, eight programs propose specific fee changes, and three new programs are seeking a fee.
At regional campuses, in-state tuition and fees for incoming students would be set at $9,212 for the Lima, Mansfield, Marion and Newark campuses and $9,167 at the Agricultural Technical Institute in Wooster, a 3% increase.
The university evaluates tuition and fees annually and sets rates based on program needs, changes in costs and market data.
The university continues to invest in affordability programs to support students. That includes more than $305 million in need-based financial aid since 2015, $53.9 million in fiscal year 2023 alone. Additionally, the Ohio College Opportunity Grant program administered by the Ohio Department of Higher Education will be increased to an additional $500 per student for a maximum grant award of $3,200.