AUBURN HILLS (WWJ/AP) – Oakland University has decided to raise tuition by nearly three percent for the next school year.

School trustees approved the 2.96 percent increase Monday as they adopted a yearly budget. That means full-time in-state undergraduates will have to pay an additional $300 in tuition.

Graduate students will face a similar rate increase, at 2.94 percent.

The school projects about 20,000 students in the fall. Oakland University’s campus straddles the Auburn Hills-Rochester Hills city limit.

TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.


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