An Act relative to UMass tuition credit

This bill modifies how the Massachusetts tuition credit for UMass students is calculated and administered. It requires the credit's value to be adjusted each year so it remains at least 12.5% of the total student charges for that academic year. Additionally, the bill restricts the university from accepting certain external tuition waivers or scholarships unless they are fully funded by new appropriations, approved by the board of trustees, or included in a collective bargaining agreement. These changes directly affect current and future students at the University of Massachusetts and the university's financial administration.