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Budget Recommendations

Outside Section 30


Tuition Retention for Higher Education Campuses

SECTION 30.   Chapter 15A of the General Laws, as so appearing, is hereby amended, after section 9B by inserting the following section:-

Section 9C: Notwithstanding the provisions of any general or special law to the contrary, all tuition and fees received by a board of trustees of a public college or university shall be retained by the board of trustees of each institution in a revolving trust fund or funds and shall be expended as the board of the institution may direct. Any balance in the trust funds at the close of a fiscal year shall be available for expenditure in subsequent fiscal years and shall not revert to the general fund.