What are tuition caps?
Tuition caps represent the maximum annual amount a state college or university may raise instructional and general fees charged to in-state undergraduate students. Tuition caps are typically established in the biennial operating budget bill, and have historically ranged from 3% to 12.9%. The current FY 2006-2007 budget bill establishes a cap of 6% or $500 for a full-time student, whichever is less.
