COLUMBUS, Ohio-The Ohio State Board of Trustees approved a tuition increase for incoming freshmen and the university’s budget for 2025, projecting $4.5 billion in revenue, a $164.2 million increase over the previous year. Freshmen at OSU’s main campus will face a 3% to 4.3% tuition hike for Ohio residents, out-of-state, and international students, respectively, starting in the fall of 2024.
Despite rising tuition costs, 58% of students graduate without debt, with the average debt for those who do graduate with loans being $25,000. The university maintains a fixed tuition rate for Ohio residents throughout their undergraduate studies, as required by state law, while tuition increases apply to out-of-state and international students and graduate programs.
