Ohio Code 3345.48 – Undergraduate tuition guarantee program
(A) As used in this section:
Terms Used In Ohio Code 3345.48
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
- You are late making a payment or commit some other default, triggering an increase to a penalty rate
- The bank changes the terms of your account and you do not reject the change.
- The rate expires (if the rate was fixed for only a certain period of time).
- state: means the state of Ohio. See Ohio Code 1.59
- United States: includes all the states. See Ohio Code 1.59
(1) “Cohort” means a group of students who will complete their bachelor’s degree requirements and graduate from a state university at the same time. A cohort may include transfer students and other selected undergraduate student academic programs as determined by the board of trustees of a state university.
(2) “Eligible student” means an undergraduate student who:
(a) Is enrolled full-time in a bachelor’s degree program at a state university;
(b) Is a resident of this state, as defined by the chancellor of higher education under section 3333.31 of the Revised Code.
(3) “State university” has the same meaning as in section 3345.011 of the Revised Code.
(B) The board of trustees of each state university shall establish an undergraduate tuition guarantee program that allows eligible students in the same cohort to pay a fixed rate for general and instructional fees for four years. A board of trustees may include room and board and any additional fees in the program.
The board shall adopt rules for the program that include, but are not limited to, all of the following:
(1) The number of credit hours required to earn an undergraduate degree in each major;
(2) A guarantee that the general and instructional fees for each student in the cohort shall remain constant for four years so long as the student complies with the requirements of the program, except that, notwithstanding any law to the contrary, the board may increase the guaranteed amount by up to six per cent above what has been charged in the previous academic year one time for the first cohort enrolled under the tuition guarantee program. If the board of trustees determines that economic conditions or other circumstances require an increase for the first cohort of above six per cent, the board shall submit a request to increase the amount by a specified percentage to the chancellor. The chancellor, based on information the chancellor requires from the board of trustees, shall approve or disapprove such a request. Thereafter, except as provided in division (F) of this section, the board of trustees may increase the guaranteed amount by up to the sum of the following above what has been charged in the previous academic year one time per subsequent cohort:
(a) The average rate of inflation, as measured by the consumer price index prepared by the bureau of labor statistics of the United States department of labor (all urban consumers, all items), for the previous thirty-six-month period; and
(b) The percentage amount the general assembly restrains increases on in-state undergraduate instructional and general fees for the applicable fiscal year. If the general assembly does not enact a limit on the increase of in-state undergraduate instructional and general fees, then no limit shall apply under this division for the cohort that first enrolls in any academic year for which the general assembly does not prescribe a limit.
If, beginning with the academic year that starts four years after September 29, 2013, the board of trustees determines that the general and instructional fees charged under the tuition guarantee have fallen significantly lower than those of other state universities, the board of trustees may submit a request to increase the amount charged to a cohort by a specified percentage to the chancellor, who shall approve or disapprove such a request.
(3) A benchmark by which the board sets annual increases in general and instructional fees. This benchmark and any subsequent change to the benchmark shall be subject to approval of the chancellor.
(4) Eligibility requirements for students to participate in the program;
(5) Student rights and privileges under the program;
(6) Consequences to the university for students unable to complete a degree program within four years, as follows:
(a) For a student who could not complete the program in four years due to a lack of available classes or space in classes provided by the university, the university shall provide the necessary course or courses for completion to the student free of charge.
(b) For a student who could not complete the program in four years due to military service or other circumstances beyond a student’s control, as determined by the board of trustees, the university shall provide the necessary course or courses for completion to the student at the student’s initial cohort rate.
(c) For a student who did not complete the program in four years for any other reason, as determined by the board of trustees, the university shall provide the necessary course or courses for completion to the student at a rate determined through a method established by the board under division (B)(7) of this section.
(7) Guidelines for adjusting a student’s annual charges if the student, due to circumstances under the student’s control, is unable to complete a degree program within four years;
(8) A requirement that the rules adopted under division (B) of this section be published or posted in the university handbook, course catalog, and web site.
(C) The board shall submit the rules adopted under division (B) of this section to the chancellor for approval before beginning implementation of the program.
The chancellor shall not unreasonably withhold approval of a program if the program conforms in principle with the parameters and guidelines of this section.
(D) A board of trustees of a state university may establish an undergraduate tuition guarantee program for nonresident students.
(E) Except as provided in this section, no other limitation on the increase of in-state undergraduate instructional and general fees shall apply to a state university that has established an undergraduate tuition guarantee program under this section.
(F) Notwithstanding anything in this section to the contrary, the board of trustees of a state university shall not charge the cohort entering in the 2023-2024 or 2024-2025 academic year a guaranteed amount of general and instructional fees that is more than three per cent above what was charged to the cohort that entered the university in the previous academic year.
Last updated October 4, 2023 at 4:12 PM