Tuition Differential
During Florida's 2007 Legislative Session, Governor Charlie Crist signed into law SB-1710 which allowed the Florida Board of Governors to charge Tuition Differential of 40% above and beyond the regular in-state undergraduate tuition rates for the University of Florida and Florida State University. In addition the University of South Florida was allowed to raise its rates 30% above and beyond the regular in-state undergraduate tuition charges. This was allowed because these three institutions reached Research Flagship benchmarks that the other universities in the State University System could not achieve.
In 2008, in lieu of receiving increased research funding in excess of $100 million, the Tuition Differential was allowed to now include the University of Central Florida and Florida International University. These two institutions were allowed to raise their in-state undergraduate tuition rate 30% above and beyond the regular tuition rates. This legislation ultimately created a multi-tier system for higher education in Florida's State University System of Florida.
In 2009, Governor Charlie Crist and the Florida Legislature passed an even broader tuition differential for all of the institutions within the State University System of Florida. The new provision allows for a 15 percent annually tuition increase for in-state undergraduate tuition until they reach the national average. Governor Crist signed off on the legislation on June 1, 2009.
The expanded tuition differential is not covered by the Bright Futures Scholarship Program, and the stipulation states that 30 percent of the added revenue must go to need-based student financial aid. This legislation was passed due to severe budget constraints caused by the Florida economy.
Read more about this topic: State University System Of Florida
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