ARDMORE, Okla. (AP) - Tuition and mandatory fees at the University of Oklahoma could go up by 5 percent next school year after regents approved a proposed increase.

The tuition increase must still be approved by the Oklahoma State Regents for Higher Education. The state regents meet Thursday.

The OU board of regents voted Wednesday in Ardmore to approve the new rate request that would have an in-state undergraduate student carrying a 30-hour course load pay $7,124.50 per year. That would be an increase of $340 over last year.

Out-of-state students also face a 5 percent increase, with costs rising to just more than $18,000.

Regents also approved a $1.6 billion budget that includes an across-the-board 2 percent pay increase for employees at the university's Norman and Tulsa campuses.