making an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.

SB 407-FN-A - AS INTRODUCED

2026 SESSION
26-2259
07/05

SENATE BILL
407-FN-A

AN ACT
making an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.

SPONSORS: Sen. Gray, Dist 6

COMMITTEE: Finance

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ANALYSIS

This bill makes an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.

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Explanation: Matter added to current law appears in
bold italics.
Matter removed from current law appears [
in brackets and struckthrough.
]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2259
07/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT
making an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Education; State College and University System; In-State Tuition Appropriation. Amend RSA 187-A by inserting after section 25-a the following new section:
187:25-b In-State Tuition; Appropriation. Beginning in fiscal year 2027 and for each fiscal year thereafter, the sum of $300 for each full-time student in this state enrolled in the university system of New Hampshire, who is also eligible for an in-state tuition rate is hereby appropriated to the university system of New Hampshire for the purpose of reducing in-state tuition costs for qualifying students. The number of full-time students enrolled in the university system of New Hampshire in this state who are also eligible for an in-state tuition rate shall be calculated every October 1. The total appropriation for each year of the biennium shall be limited to $5,400,000. These funds shall be non-lapsing. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.

2 Effective Date. This act shall take effect July 1, 2026.

LBA
26-2259
10/21/25

SB 407-FN-A- FISCAL NOTE
AS INTRODUCED

AN ACT
making an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.

FISCAL IMPACT:

Estimated State Impact

FY 2026
FY 2027
FY 2028
FY 2029

Revenue
$0
$0
$0
$0

Revenue Fund(s)
None

Expenditures*
$0
$2,988,300
$3,012,300
$3,036,300

Funding Source(s)
General Fund

Appropriations*
$0
$2,988,300
$3,012,300
$3,036,300

Funding Source(s)
General Fund

*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill

METHODOLOGY:
This bill, beginning in FY 2027, appropriates general funds to the University System of New Hampshire in an amount equal to $300 for each full-time student in this state enrolled in the System who is eligible for an in-state tuition rate, for the purpose of reducing in-state tuition costs. The number of students shall be calculated every October 1
st
, and the total appropriation for each year shall be limited to $5,400,000.

The System reports a current Fall 2025 enrollment of 9,882 and assumes an annual growth of 0.8%. Below is a summary of this bill’s potential appropriation to the System:

Estimated Enrollment
Per Student Appropriation
Total Appropriation

Fall 2025 (FY 2026)
9,882
N/A
N/A

Fall 2026 (FY 2027)
9,961
$300
$2,988,300

Fall 2027 (FY 2028)
10,041
$300
$3,012,300

Fall 2028 (FY 2029)
10,121
$300
$3,036,300

AGENCIES CONTACTED:
University System of New Hampshire