The proposed bill, titled the Student Fee Transparency Act, aims to enhance transparency regarding fees and fee increases at the University of Alaska. It mandates that the Board of Regents must notify currently enrolled students at least 30 days prior to imposing any new fees or increasing existing ones. This notification must include details such as the amount of the fee or increase, the rationale behind it, the intended use of the generated revenue, and whether the fee is permanent or temporary, along with an expected discontinuation date if applicable.

Additionally, the bill requires the University of Alaska to provide itemized billing statements to all enrolled students, detailing the tuition and fees charged. This measure is intended to ensure that students have a clear understanding of their financial obligations. The Act is set to take effect on July 1, 2027.

Statutes affected:
SB0157A, AM SB 157, introduced 04/04/2025: 14.40.170