The fixed rate term for the Agreement is indicated by the box checked below (the “Fixed Rate Term”):
| Check One box | Fixed Rate Term for Agreement | Number of Completed Credits |
|---|
| ☐ | 4 | 0 – 15 |
| ☐ | 3 | 16 – 45 |
| ☐ | 2 | 46 – 75 |
The Fixed Rate Term will always begin on the Fall semester following execution of this Agreement and terminate after the number of years indicated above.
For this Agreement beginning with the 2018-2019 Academic Year, the annual fixed tuition rate is $8,500 for resident students and $19,800 for non-resident students.
The annual Fixed Tuition Rate will be split evenly between the Fall and Spring semester, rounded to the whole dollar. The Fixed Tuition Rate is assessed every Fall and Spring semester in which the Student enrolls in one or more credit hours while classified as an undergraduate student. The Fixed Tuition Rate is not paid in semesters in which Student enrolls in no classes.
At the end of the Fixed Rate Term, Student reverts to the then prevailing annual tuition rate. If the Plan continues to be available Student may choose to enter into a new agreement.