(1) As used in this section, unless the context otherwise requires: (a) "Commission" means the Colorado commission on higher education. (b) "Fixed rate" means the fixed tuition rate specified in a contract between a state- supported institution of higher education and a student enrolled in the institution. (c) "Program" means the fixed tuition rate program. (d) "Student" means a student who is classified for tuition purposes as an in-state student. (2) There is hereby established a fixed tuition rate program. The governing board of each state-supported institution of higher education that has been designated as an enterprise pursuant to section 23-5-101.7 may offer a fixed tuition rate to a student who is willing to enter into a contract with the institution for the fixed rate. A fixed-rate contract shall also specify the amount of the student fees collected by the institution as of the date of the contract and shall inform the student that the amount of student fees may increase over the term of the contract in accordance with the institution's student fee plan adopted pursuant to section 23-5-119.5. (3) If a student is unable to complete a degree program within the duration of the fixed- rate contract because a course is unavailable due to a lack of available classes or class space, the state-supported institution of higher education shall provide the course to the student free of charge. (4) (a) Each governing board that is participating in the program shall establish guidelines for each institution under its control relating to the fixed tuition rate program that shall include, at a minimum, the degree of flexibility a student has in changing majors or degree programs without voiding a fixed-rate contract. (b) (Deleted by amendment, L. 2011, (HB 11-1301), ch. 297, p. 1410, § 1, effective August 10, 2011.) (c) Each state-supported institution of higher education under the direction and control of a governing board participating in the program shall publish information relating to the fixed- rate contract option in the institution's course catalog or student handbook and on the institutional website. (5) and (6) Repealed.
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