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Senate Bill 0262


Senate Bill 0262

ARCHIVE (2004)

Latest Information

 

DIGEST OF SB 262 (Updated February 2, 2004 4:04 pm - DI 71)


Tuition and fees for state educational institutions. Provides that a state educational institution may increase the tuition and mandatory fees for a full-time undergraduate student who is an Indiana resident by not more than a percentage equal to the higher education cost of living index (established by the commission for higher education) or 4%, which is greater, each year for four academic years (for four-year schools) or two academic years (for Ivy Tech and Vincennes) following the academic year in which the student officially accepts an offer of admission from the institution. Requires a state educational institution to set tuition and mandatory fees for the following academic year and notify the budget committee of the rates set before December 1 of each year. Allows a state educational institution to reset tuition and mandatory fees after the state biennial budget is adopted; however, provides that a student who has already official accepted an offer of admission to the institution must be charged the tuition and fees in effect at the time of the acceptance, unless the reset tuition and fees are lower than those in effect at the time of the acceptance.
    Current Status:
     Passed 2nd reading - first House
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