State Agreements That Reduce Tuition Rates
State agreements that reduce tuition rates are a great way for students to afford college. These agreements allow students to attend out-of-state colleges or universities at a lower cost than they would pay for an out-of-state tuition.
The agreements are made between states as a way to promote educational opportunities and to provide cost savings for students. Students who are residents of participating states can attend an out-of-state school for the same tuition price as in-state residents.
One well-known agreement is the Western Undergraduate Exchange (WUE). This agreement is made between 16 Western states, and it allows students to attend participating colleges and universities at a reduced tuition rate. The tuition rate is 150% of the in-state tuition, which is a significant savings for out-of-state students.
Another example is the Midwest Student Exchange Program (MSEP). This agreement is made between 10 Midwestern states and offers discounted tuition rates for out-of-state students at participating colleges and universities. Participating schools offer a tuition reduction of 10-40% off of out-of-state tuition rates.
The New England Board of Higher Education (NEBHE) offers a similar agreement for students from New England states. The program is called the Tuition Break Program and it allows New England residents to attend participating colleges and universities in the New England region at a reduced tuition rate.
In addition, some states have individual agreements with neighboring states. For example, Kentucky has an agreement with Ohio, Indiana, Illinois, Missouri, Tennessee, Virginia, and West Virginia. Georgia has an agreement with Alabama, Florida, South Carolina, and Tennessee. These agreements offer tuition savings to students who want to attend colleges or universities in neighboring states.
In conclusion, state agreements that reduce tuition rates can make a college education more affordable for students. It is important for students to research the various programs available to them and to determine if they meet the eligibility requirements. For students who are considering attending an out-of-state school, these agreements can make it possible to receive a quality education without the burden of high out-of-state tuition rates.
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