Kansas University recently unveiled a proposal that offers incoming first-time freshmen no tuition increases for four years. The proposal, which the Kansas Board of Regents will vote on in June, would fix tuition rates for freshmen and set fees four years in advance for all students.

Called the Four-Year Tuition Compact, the proposal would enable first-time freshmen and their families to determine the cost of tuition and fees for the time it takes to complete a bachelor’s degree program. The compact also includes an optional two-year fixed rate for student housing.

“We strive to keep college as affordable as possible, and KU remains below the national average in terms of cost,” said Chancellor Robert Hemenway. “Now we are providing freshmen and their families additional help by giving them the ability to make financial plans without worrying about sudden spikes in tuition rates or fees.”

Returning or transfer students are not eligible for the compact tuition rate. They will pay the standard tuition rate, which is set every June by the regents. However, these students will pay the same set course fees as first-time freshmen.