Current through Register Vol. XLI, No. 50, December 13, 2024
Section 133-32-4 - Tuition and Fee Increases4.1. Approval of Tuition and Required Fee Increases. 4.1.a. For the purposes of this rule, calculation of seven percent (7%) shall be based on all required tuition and fee rates charged to all West Virginia resident students.4.1.b. Tuition increases related to fee simplification proposals that result in an expense neutral change for an in-state student shall not be counted toward the ten percent (10%) allowance exempt from Commission approval.4.2. The Commission shall communicate annually by February 28 to institutions benchmarks and guidelines for consideration of any increase above seven percent (7%). The benchmarks and guidelines may include, but are not limited to, such items as: 4.2.a. The HEPI, or other appropriate inflationary benchmark, which new appropriations to the institution's base budget for the corresponding fiscal year did not offset;4.2.b. The per capita income of West Virginia families and their ability to pay for college statewide and specifically as to the county(ies) in which 75% of the institution's in-state students reside;4.2.c. Most recent three-year history of tuition rates and increases;4.2.d. Total sources of student generated revenue, including special fee and program fee rates; and,4.2.e. Other factors as requested or deemed relevant by the Commission.4.3. By May 15 annually, each governing board shall provide the Commission with a report that details: 4.3.a. All tuition and fee rates presently charged and the number of students currently being charged the tuition and fees;4.3.b. The proposed total increase in any tuition and fees for the next fiscal year;4.3.c. The estimated number of students who will be charged the increased tuition and fees; and,4.3.d. The estimated increase in revenue to be generated from the increased tuition and fees.W. Va. Code R. § 133-32-4