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What are the requirements of the new tuition flexibility law for tuition set-asides for financial assistance?

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What are the requirements of the new tuition flexibility law for tuition set-asides for financial assistance?

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Any new designated tuition above the previous cap of $46 per semester credit hour requires at least a 20% set-aside. Five percent goes to the Texas Higher Education Coordinating Board for the forgivable loan program called the “B-on-Time” program. The UT System is committed to tuition policies that enable low- and middle-income families to afford a high-quality education for their sons and daughters.

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