By Sean Nealon, OSU release – CORVALLIS, Ore. – The Oregon State University Board of Trustees on Friday approved tuition rates for the 2022-23 academic year, including a 3.5% increase for returning undergraduate students and a 4.5% increase for new undergraduate students enrolling in fall. The board unanimously approved the tuition proposal after months of work by the university budget committee comprised of OSU faculty, staff, students and administrators, as well as several open forums with students, faculty and staff. At the same time, OSU will increase student financial aid funded by the university by $11 million. OSU’s commitment to university-provided financial aid will be $84 million next year, up from $42 million in 2018-19. The approved tuition increases apply to Oregon resident and non-resident students at OSU’s Corvallis campus, OSU-Cascades in Bend and those taking courses online through Ecampus, OSU’s distance education program. The approved tuition and fee levels are within adopted board policy to keep tuition increases annually between 2% to 5%.