| (a) The maximum tuition rate prescribed for a dual
credit course through this program is $55 per semester credit hour
or equivalent of a semester credit hour in the 2023-2024 academic
year.
(b) The Commissioner shall use the Consumer Price Index
for the preceding 12 months as calculated by the U.S. Bureau of Labor
Statistics, to apply an annual inflationary adjustment to the FAST
tuition rate.
(c) The Commissioner shall determine and announce the
annual FAST tuition rate not later than the final day of January prior
to the start of each fiscal year.
(d) The annual tuition rate announced per subsection
(c) of this section takes effect in the fall semester following the
announcement.
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