This is not the official budget document.

Budget Summary FY2016

Outside Section 174
Data Current as of:  8/19/2015




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University of Massachusetts Tuition Retention 5

SECTION 174.   (a) Notwithstanding any general or special law to the contrary, the University of Massachusetts shall classify as a student tuition credit, as defined in section 1B of chapter 75 of the General Laws, all tuition waivers, grants and scholarships identified in chapter 15A of the General Laws, or any other general or special law, and all reductions collectively bargained for that are in the form of a tuition or fee waiver available to students as student tuition credits.

(b) The University of Massachusetts shall calculate the value of all tuition waivers authorized under section 19 of said chapter 15A or any other general or special law, and all collectively bargained for reductions existing on July 1, 2016.

(c) The University of Massachusetts shall credit to eligible students the calculated value of the tuition waivers, grants and scholarships identified in said chapter 15A or any other general or special law and reductions collectively bargained for in the form of a tuition or fee waiver calculated in subsection (b) as a student tuition credit on the student's statement of student charges as defined in said section 1B of said chapter 75.

(d) The University of Massachusetts shall report to the senate and house committees on ways and means, the joint committee on higher education and the board of higher education on the existence and the calculated value of all tuition waivers, grants and scholarships identified in said chapter 15A or any other general or special law and reductions collectively bargained for in the form of a tuition or fee waiver at the University of Massachusetts. The report shall be submitted not later than August 1, 2016.