The OU Board of Regentsâ June 22 decision to increase tuition costs by 2.75 percent following three years without increases has been met with disapproval from both students and faculty. The recently approved rates increased resident tuition from $4,531.25 to $4655.70 and nonresident tuition from $12,221.75 to $12,557.70. It also raised graduate rates, with resident graduate tuition increasing from $289.39 to $334.75 and nonresident graduate tuition from $610.80 to $627.60. OU News wrote in an email to The Daily that the new funding will generate more than $6 million. It said those funds will go toward student activities and academics. â(It will) specifically (encourage the) hiring (of) additional faculty members, upgrading classrooms, increasing graduate assistant stipends, adding two new Student Life positions, providing additional Union Programming Board funding, adding two new Career Services positions, hiring two staff psychologists in University Counseling Center, adding two new Graduate College positions to support advising and student onboarding, and hiring adaptive technology positions in the Accessibility & Disability Resource Center,â OU News wrote in an email.â