Date Requested: March 15, 2021
Time Requested: 11:47 AM
Agency: Higher Education Policy Commission
CBD Number: Version: Bill Number: Resolution Number:
2834 Introduced HB3150
CBD Subject: Education (Higher)



Sources of Revenue:

General Fund

Legislation creates:

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

House Bill 3150, if enacted, would cap fees and in-state tuition to a 1% yearly increase for all institutions of higher education in the State of West Virginia which receive state funding. Based upon current annual resident tuition and fee revenue of approximately $245 million at West Virginia’s public colleges and universities, it is estimated that a 1% increase in in-state tuition rates would generate approximately $2.5 million in additional tuition and fee revenues, assuming that enrollment levels remain stable. West Virginia’s Public Colleges increased in-state tuition and fee rates about 2% in FY 2019 and FY 2020. According to the Commonfund’s calculation of the Higher Education Price Index (HEPI), the average annual increase in higher education costs were 4.63% from 1961 to 2020 and 2.52% from 2010 to 2020. Assuming that enrollments remain constant, and the revenues from other sources, including state appropriations, increase 2.5% annually, the costs covered by in-state tuition and fee revenues would increase about $6.1 million. Assuming institutions would increase tuition and fees 2% without a cap, the resulting annual shortfall related to the tuition and fees cap would be about $2.5 million. This estimate pertains only to state institutions of higher education.

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 -2,500,000 -2,500,000

Explanation of above estimates (including long-range effect):


    Person submitting Fiscal Note: Ed Magee
    Email Address: