Asked by: Guillaume Heinrichmeier
personal finance student financial aid

What does statutory tuition mean?

Last Updated: 22nd January, 2020

Statutory Tuition: A tuition charge authorized under Texas Education Code (TEC) §54.051 in an. amount determined by the Texas Legislature for resident or nonresident students. Currently, the university rate is set at $50 per semester credit hour (SCH) for resident students.

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Also, what does statutory fee mean?

Statutory fees are fees relating to the exercise of statutory powers. In the construction industry, statutory fees are likely to relate to issues such as; planning applications, building regulations applications, licensing, highways works, Land Registry fees and so on. Some examples of such fees are set out below.

Also, are tuition fees per year? Most colleges present their tuition and fees together as an annual cost. Tuition usually applies to one academic year of college classes (from September to May, for example), unless otherwise specified. Some schools charge by the credit hour, instead of by the semester or the academic year.

Also Know, what is the difference between tuition and designated tuition?

Designated tuition allows the institution to determine the rate per semester credit hour to be charged. Designated tuition must be used to support the academic mission of the institution but maintains more flexibility than statutory tuition. The Board of Regents must approve designated tuition rates.

What are college tuition fees?

Tuition is the price colleges charge for classes. Students also pay other fees related to enrolling in and attending a college. The cost of tuition and fees varies by college. There is a wide range of prices, as the table below shows.

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Where does tuition go?

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How much does 1 year of college cost?

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Do you pay room and board per semester?

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