LAS VEGAS (KTNV) — The Nevada Board of Regents approved a pricing program to assist students with tuition budgeting on Friday.
Regents approved a Predictable Pricing Program that will ensure students in public higher education are aware of the base tuition fees for at least four years, so they can appropriately budget for tuition expenses.
The program will base future registration fees and non-resident tuition for undergraduate and graduate students on the Higher Education Price Index, an index that tracks the inflation college costs, for a four-year cycle, according to a higher education spokesperson.
More than 100,000 students attend Nevada System of Higher Education institutions, and this program will apply to all of the NSHE establishments.
"College affordability and price predictability are important factors in providing access to higher education," Regents Chair Kevin J. Page said. "This program will go a long way in helping students and parents plan for the cost of college."