SB 407-FN-A - AS INTRODUCED
2026 SESSION
26-2259
07/05
SENATE BILL 407-FN-A
SPONSORS: Sen. Gray, Dist 6
COMMITTEE: Finance
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ANALYSIS
This bill makes an appropriation for each full-time student eligible for the in-state tuition rate enrolled in the university system of New Hampshire.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2259
07/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Education; State College and University System; In-State Tuition Appropriation. Amend RSA 187-A by inserting after section 25-a the following new section:
187:25-b In-State Tuition; Appropriation. Beginning in fiscal year 2027 and for each fiscal year thereafter, the sum of $300 for each full-time student in this state enrolled in the university system of New Hampshire, who is also eligible for an in-state tuition rate is hereby appropriated to the university system of New Hampshire for the purpose of reducing in-state tuition costs for qualifying students. The number of full-time students enrolled in the university system of New Hampshire in this state who are also eligible for an in-state tuition rate shall be calculated every October 1. The total appropriation for each year of the biennium shall be limited to $5,400,000. These funds shall be non-lapsing. The governor is authorized to draw a warrant for said sums out of any money in the treasury not otherwise appropriated.
2 Effective Date. This act shall take effect July 1, 2026.
26-2259
10/21/25
SB 407-FN-A- FISCAL NOTE
AS INTRODUCED
FISCAL IMPACT:
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Estimated State Impact | ||||||
| FY 2026 | FY 2027 | FY 2028 | FY 2029 | ||
Revenue | $0 | $0 | $0 | $0 | ||
Revenue Fund(s) | None | |||||
Expenditures* | $0 | $2,988,300 | $3,012,300 | $3,036,300 | ||
Funding Source(s) | General Fund | |||||
Appropriations* | $0 | $2,988,300 | $3,012,300 | $3,036,300 | ||
Funding Source(s) | General Fund | |||||
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill | ||||||
METHODOLOGY:
This bill, beginning in FY 2027, appropriates general funds to the University System of New Hampshire in an amount equal to $300 for each full-time student in this state enrolled in the System who is eligible for an in-state tuition rate, for the purpose of reducing in-state tuition costs. The number of students shall be calculated every October 1st, and the total appropriation for each year shall be limited to $5,400,000.
The System reports a current Fall 2025 enrollment of 9,882 and assumes an annual growth of 0.8%. Below is a summary of this bill’s potential appropriation to the System:
| Estimated Enrollment | Per Student Appropriation | Total Appropriation |
Fall 2025 (FY 2026) | 9,882 | N/A | N/A |
Fall 2026 (FY 2027) | 9,961 | $300 | $2,988,300 |
Fall 2027 (FY 2028) | 10,041 | $300 | $3,012,300 |
Fall 2028 (FY 2029) | 10,121 | $300 | $3,036,300 |
AGENCIES CONTACTED:
University System of New Hampshire
Nov. 18, 2025: Introduced 01/07/2026 and Referred to Finance; SJ 1