This bill mandates that the state board of regents instruct each regents institution to implement a policy ensuring that the tuition charged to resident undergraduate students during their first academic year of enrollment will remain unchanged in subsequent academic years. This policy is applicable to students whose first academic year begins in or after 2027. Additionally, for students who enter with sufficient academic transfer credits allowing them to complete a baccalaureate degree in less than four years, the tuition freeze will only apply for the number of years necessary to complete their degree, rounded up.

The bill also specifies that this tuition stability requirement is limited to a maximum of three consecutive academic years following a student's initial enrollment. This provision aims to provide financial predictability for students and their families, potentially easing the burden of rising educational costs during their undergraduate studies.

Statutes affected:
Introduced: 262.9