[Cobo] FY17 Tuition and Mandatory Fee Requests

[Bellingar, Jared]

Good Afternoon Business Officers,

Attached are the forms for your institutions to submit FY17 tuition and mandatory fee requests for undergraduate, graduate, and professional programs. The deadline for submitting the forms is 5:00 p.m. on Friday, June 10, 2016.

Please complete the appropriate FY17 tuition and mandatory fee request form(s) for your institution's tier and programs. FY16 tuition and fees columns should be presented with the FY16 approved amounts by the State Regents. Please also complete the narrative form documenting the impact on students' ability to pay, impact on enrollment, availability of financial aid, cost-effective measures implemented, communication to students/constituents and a detailed justification for all increases. For each mandatory fee which will be changing, the corresponding request for changes to mandatory fee form must be submitted. Board approval and with the date of the approval is required for all FY17 rates that you are submitting to the State Regents for approval.

Be mindful that not to add a formula to the proposed FY17 per credit hour rate on total resident tuition and total nonresident tuition (cell F7 and cell F9) which can cause discrepancy to 30 credit hour rate on total resident tuition and total nonresident tuition (cell G7 and cell G9) due to rounding generated from the formula you added to cell F7 and cell F9.  FY17 guaranteed tuition rate shall not exceed 115% of the nonguaranteed tuition rate. As the rounding down rule does not apply to cell M9, any decimals above 115% (i.e., 115.0001%) would require to be reduced to less than 115% (i.e., 114.9999%).

As in the past, it is possible that a tuition review hearing will be scheduled at which Presidents will present information to the State Regents concerning their tuition and fee requests. Once that has been determined, additional information will be sent to your Presidents regarding the date and schedules of the hearing.

It was a pleasure to get to meet some of you face to face at the Spring 2016 OACUBO meeting this week. Submit completed request forms electronically in Excel format to jbellingar at osrhe.edu<mailto:jbellingar at osrhe.edu> by the deadline. Please contact me if you have any questions.

Best Regards,

Jared Bellingar
Fiscal Analyst
Oklahoma State Regents for Higher Education<http://www.okhighered.org/>
P: 405.225.9139
jbellingar at osrhe.edu<mailto:jbellingar at osrhe.edu>

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