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            "text": "ACTION ITEM 5J",
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            "text": "KENTUCKY STATE UNIVERSITY BOARD OF REGENTS",
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            "text": "Approval of FY 2024 Tuition and Fee Schedule."
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            "text": "During the April 12, 2023 Board of Regents meeting, the Board approved a three percent (3%) increase in tuition and fees for FY 2024. The attached fee schedule represents the tuition and fees for the upcoming fiscal year."
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            "text": "This percentage increase adheres to the maximum limit set by the Council for Postsecondary Education for resident undergraduate tuition and mandatory fees, ensuring that the base rates do not exceed a 3.0 percent annual increase, as set for public research and comprehensive universities."
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            "text": "A year-over-year worksheet is provided to differentiate changes between fiscal years 2024 and 2023."
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            "text": "Per the FY 2024 recommended budget, this increase will generate $14.5 million in tuition and fees revenue from an updated projected 1250 headcount enrollment target."
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            "text": "RECOMMENDATION",
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            "text": "Acting President Dr. Michael Dailey recommends that the Board of Regents approve the FY 2024 tuition and fee schedule."
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            "text": "Approve the FY 2024 tuition and fee schedule."
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            "text": "Finance and Administration",
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