An Act relating to notice of new fees and fee increases from the University of Alaska; relating to billing statements from the University of Alaska; and providing for an effective date.

SB 157, the Student Fee Transparency Act, requires the University of Alaska to notify enrolled students 30 days before implementing new fees or fee increases. The notice must clearly state the fee amount, its purpose, and whether it is permanent or temporary with an end date. Additionally, the bill mandates that the University of Alaska provide each student with an itemized billing statement showing all tuition and fees charged. These changes apply to all currently enrolled students and take effect on July 1, 2027.