                                 CODE OF VIRGINIA

TRANSPARENCY IN HIGHER EDUCATION INFORMATION (§ 23.1-409)

A. Each baccalaureate public institution of higher education shall maintain and
update annually no later than September 30 a tab or link on the home page of its
website that shall include the following information:

   1. The institution&#8217;s six-year undergraduate graduation rate for each of
   the past 10 years;

   2. The institution&#8217;s freshman-to-sophomore retention rate for full-time
   undergraduate students for each of the past 10 years;

   3. The institution&#8217;s average annual percentage increase in base
   undergraduate tuition for each of the past 10 years;

   4. The institution&#8217;s average annual percentage increase in mandatory
   undergraduate comprehensive student fees for each of the past 10 years;

   5. A link to the annual report of the use of student fees as required by
   &#xA7; 23.1-408;

   6. A link to the postsecondary education and employment data referenced in
   subsection D of &#xA7; 23.1-204.1; and

   7. A summary of the institution&#8217;s budget, consistent with the
   institution&#8217;s annual budgeting process, that includes (i) the major
   budget units (MBUs) in the institution and standard expenditure categories
   within each MBU for the current fiscal year and the previous fiscal year or
   (ii) a link to the annual reports required by subdivision B 11 of &#xA7;
   23.1-1303.

B. The Council shall maintain on its website a comparison of each baccalaureate
public institution of higher education to each other baccalaureate public
institution of higher education on the following measures:

   1. The middle 50 percent test score range of first-time undergraduate students
   whose ACT or SAT scores were in the twenty-fifth to seventy-fifth percentiles
   of the scores of enrolled students;

   2. The percentage of the students who applied for and were offered first-time
   undergraduate admission;

   3. The average and net annual total tuition and fees and room and board for a
   full-time undergraduate student living on campus;

   4. Average undergraduate student educational debt;

   5. The first year to second year retention rates for full-time undergraduate
   students;

   6. The four-year, five-year, and six-year undergraduate graduation rates;

   7. The percentage of students eligible to receive a Federal Pell Grant;

   8. The average wages of undergraduate alumni within the first five years of
   graduation; and

   9. The average wages of undergraduate alumni within 20 years of graduation.

C. Each baccalaureate public institution of higher education shall maintain a
link on its website to the comparison of measures maintained by the Council
pursuant to subsection B.

HISTORY: 2015, cc. 325, 328, § 23-2.6; 2016, c. 588; 2018, c. 387; 2021, Sp.
Sess. I, c. 447; 2022, c. 365.