[Cobo] FW: FY23 Tuition and Mandatory Fee Request FORMS

[Mauck, Sheri]

Sending again to include the mandatory fee change forms, too.  Thank you.

From: Mauck, Sheri
Sent: Tuesday, April 26, 2022 4:58 PM
To: Council of Business Officers <cobo at lists.onenet.net>
Subject: FY23 Tuition and Mandatory Fee Request FORMS

Good Afternoon Business Officers,

Attached are the forms for your institutions to submit FY3 tuition and mandatory fee requests for undergraduate, graduate, and professional programs. The deadline for submitting the forms is 5:00 p.m. on Wednesday, June 8, 2022.

Please complete the appropriate FY23 tuition and mandatory fee request form(s) for your institution's tier and programs. FY22 tuition and fee columns should be contain the amounts approved 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 FY23 rates that you are submitting to the State Regents for approval.

Be mindful not to add a formula to the proposed FY23 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.  FY23 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., 115.01%) would require to be reduced to less than 115% (i.e. 114.9%). The same applies to compliance with peer limits. If the limit is 100% then your rate must fall under 100% (i.e. 99.9%). The FY23 peer limits can be found on the "UnderGrad&GradPeerLimits" and "Prof'l PeerLimit" tabs.

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.

Submit completed request forms electronically in Excel format to smauck at osrhe.edu<mailto:smauck at osrhe.edu> by the deadline. Please contact me if you have any questions.

Thank you

Sheri Mauck
Oklahoma State Regents for Higher Education<http://www.okhighered.org/>
P: 405.225.9201
smauck at osrhe.udu<mailto:smauck at osrhe.udu>
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