SB 915 proposes to limit the total amount of tuition charged by public institutions of higher education. The bill sets tuition caps beginning with the 2026-2027 academic year, preventing institutions from charging students more than they would have been charged in the previous academic year, adjusted for inflation. The inflation adjustment will be determined annually by the Legislative Budget Board. The bill also provides guidelines for tuition adjustments based on student-specific factors such as residency status and degree program​.