Tuition Cap Clause Samples
A Tuition Cap clause sets a maximum limit on the amount of tuition that can be charged, either per year or over the duration of a program. In practice, this means that an educational institution cannot increase tuition fees beyond the specified cap, regardless of inflation or other cost increases. This clause provides predictability and financial protection for students or sponsors by preventing unexpected or excessive tuition hikes during the covered period.
Tuition Cap. The District’s contribution each fiscal year shall be capped at $45,000 for each year of the agreement for courses completed during each fiscal year. If more than the capped amount in proper requests for reimbursement is submitted for any year, the capped amount shall be pro-rated over each credit hour. If less than the capped amount in proper requests for reimbursements is submitted in any year, unallocated amounts at the end of the fiscal year will not carry over to the next year.