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, the bill outlines specific conditions regarding students with academic transfer credits, stating that the tuition guarantee applies only for the number of years necessary to complete their degree, rounded up, and is limited to three consecutive academic years following the first year of enrollment.

Furthermore, if a student transfers to another regents institution after their first year, the receiving institution may charge the student a higher tuition amount if it exceeds what was charged in the first year at the previous institution. This provision aims to provide financial predictability for students while also allowing institutions some flexibility in tuition rates for transfer students.

Statutes affected:
Introduced: 262.9