Plain English Breakdown
The official source material does not provide details on which postsecondary educational institutions are included.
Tuition Caps for Indiana Residents
This bill sets rules to limit how much tuition and fees can go up for Indiana residents attending certain postsecondary schools.
What This Bill Does
- The commission for higher education must decide on yearly cost-of-living increases for tuition and mandatory fees at specific colleges and universities.
- These institutions cannot raise tuition or mandatory fees beyond cost-of-living adjustments once an Indiana resident student starts their undergraduate program until they graduate.
Who It Names or Affects
- Indiana resident students attending certain postsecondary educational institutions
- Colleges and universities that set tuition rates and mandatory fees
Terms To Know
- cost of living adjustment (COLA)
- An increase in pay or prices to match the rising cost of everyday items like food, housing, and transportation.
- postsecondary educational institutions
- Colleges, universities, and other schools that offer education beyond high school.
Limits and Unknowns
- The bill does not specify which postsecondary educational institutions are included.
- It is unclear what happens if a student takes a break from their studies or changes majors.