Summary of Original Version

Amend KRS 164.020 to prohibit the Council on Postsecondary Education from raising tuition for a postsecondary education institution more than 5% a year for resident students and 7% a year for nonresident students; provide a four-year tuition freeze for an enrolled resident student; require an institution to notify a student before expiration of a tuition freeze; require any increase in tuition or fees to be approved before March 1; amend KRS 164.131 to add two additional full-time student members to the University of Kentucky Board of Trustees, including one graduate student; remove language regarding initial appointments; amend KRS 164.821 to add two additional full-time student members to the University of Louisville Board of Trustees, including one graduate student; remove language regarding initial appointments; amend KRS 164.321 to add two additional full-time student members to the boards of regents, including one full-time graduate student; remove language regarding initial appointments; amend KRS 164.7874 to require a private postsecondary institution to have a voting student member on its governing board in order to be a participating institution for purposes of KEES eligibility; provide that the Act may be cited as the Kentucky Student Tuition Protection and Accountability Act; EFFECTIVE JULY 1, 2028.

Statutes affected:
Introduced: 164.020, 164.131, 164.821, 164.321, 164.7874