- Posted July 09, 2015
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Oakland University hikes tuition 8.5 percent
AUBURN HILLS (AP) - Oakland University has joined Eastern Michigan University in ignoring the state's 3.2 percent tuition cap, trading more income from students for a loss in aid from Lansing.
Trustees at the Auburn Hills-based school voted Tuesday to increase tuition 8.5 percent for the coming academic year. The university says that will bring in $12 million more in tuition revenue but cost $1.2 million in state aid.
Full-time tuition for the school's about 21,000 students will average $11,513 for 2015-2016.
University President George Hynd says Oakland's tuition is "below the market" and near the bottom of Michigan's 15 public universities.
Ypsilanti-based Eastern Michigan last month raised tuition by 7.8 percent for next school year. That will cost $1 million in state aid while bringing in $10 million.
Published: Thu, Jul 09, 2015
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