Report: OSU Makes Strides in Achieving College Affordability - Higher Education
Higher Education News and Jobs

Report: OSU Makes Strides in Achieving College Affordability

by

The Ohio State University (OSU) has made strides in making college education more affordable for its students, according to a new report from the Ohio chancellor of higher education.

Public colleges and universities in Ohio have saved a combined $320 million in institutional funding in the 2018 fiscal year, and approximately $179 million of that reduced student fees.

Michael Papadakis

OSU saved $47.6 million for its students during that year, expanding financial aid resources, decreasing textbook prices, discounting the summer tuition and providing students with digital learning technology, according to OSU news.

“Ohio State’s commitment to affordability goes hand in hand with our focus on operational excellence,” said Michael Papadakis, interim senior vice president and CFO at the university. “Every dollar that we save through efficiency measures is redirected back into our academic mission.”

Other ways that OSU has made its education more affordable to students include:

-OE@OSU, Ohio State’s operational excellence program, has saved $41.2 million in four years through the 2017 fiscal year;

-Completion grants were distributed to 160 students who were close to graduation and in danger of leaving the school due to non-payments during the 2017-18 school year; and

-The university has spent more than $11.1 million over four years to make iPads and learning technology kits available to students for free.

RELATED ARTICLES >>
New York Governor Proposes Tighter Regulations for NY’s For-Profit Colleges New York Governor Andrew Cuomo’s 2019-20 budget proposal released on Tuesday, includes new regulations and more stringent oversight for New York’s for-profit colleges. In its March 2018 report “Grading New York’s Colleges,” The Century Foundation ...
Black Student Athletes Sue Community College District After Cutting Football Program Eleven African-American student athletes have filed a federal lawsuit against the Maricopa County Community College (MCCC) District after the school decided to cut the JUCO football program after the 2018 season. The MCCC District, the largest com...
Report Examines Improving Higher Ed Access for Veterans A new report outlines ways to increase the number of military veterans attending the most selective institutions in the U.S. Ithaka S+R,  a not-for-profit research organization that works to advance knowledge and improve teaching and learning, rel...
New Legislation Offers Free College Tuition to Residents of U.S. Virgin Islands U.S. Virgin Islands Gov. Kenneth Mapp has signed legislation that requires college tuition be free for U.S. Virgin Islands students who plan on attending the University of the Virgin Islands. This new program marks the University of the Virgin Isl...
Semantic Tags: