Signed by Governor Bobby Jindal

Vote Smart's Synopsis:

Vote to pass a bill that allows for an increase in tuition rates for postsecondary education from fiscal years 2008 through 2012.

Highlights:

- Establishes that schools whose tuition is at least 90 percent of the regional average of similar institutions could only increase their tuition by 3 percent, while schools that are between 80-90% of the regional average tuition could increase their tuition by 4 percent, and schools that are below this level could increase their tuition by up to 5 percent each year (Sec. 1). - Establishes waivers for low- to middle income students adversely affected who do not qualify for aid (Sec. 1)

Full Bill Text

Highlights:

- Allows school management boards to adjust their higher education tuition 3-5 percent each year depending on the current tuition's relation to the state's average tuition (Sec. 1). - Requires the management boards to establish criteria for waivers for lower-income students (Sec. 1). - States that the authority to increase tuition and fee amounts expires after June 30, 2012 (Sec. 1).

Full Bill Text