Texas A&M’s board of regents voted on Wednesday to keep in-state undergraduate tuition rates the same for the next two years.

The decision will apply to all 11 universities in the Texas A&M University System for the 2023-2024 and 2024-2025 academic years.

While the costs vary per campus and program, resident undergraduate students attending the flagship campus in College Station should reportedly expect to pay around $11,550 in tuition and fees combined, according to Laylan Copelin, vice chancellor for marketing and communications at Texas A&M University System, the Houston Chronicle reported.

Students hailing from outside of Texas will pay an estimated $41,465, a 3.3% hike from the year before, according to College Tuition Compare.

During the board of regents’ meeting on August 16, the board also voted to allow an increase in graduate and out-of-state undergraduate tuition of up to 5.2% in response to inflation.

As reported by The Dallas Express, a number of universities have increased tuition and fees, with the annual cost of an ivy league education now approaching $90,000.

The two-year freeze is the result of negotiations with state lawmakers for public university systems to secure a $700 million allocation of taxpayer money. Lawmakers signed off on the allocation but only on the condition that two other pieces of legislation become law.

As previously covered by The Dallas Express, Gov. Greg Abbott signed two education-related bills into law in June that abolished diversity, equity, and inclusion offices in public universities and reformed tenure to allow dismissal after appropriate due process.

Since the two laws were enacted, other public university systems have adopted similar measures that freeze undergraduate tuition for in-state students while bumping up out-of-state and graduate ones.

Texas A&M is planning to erect a new $350 million campus in downtown Fort Worth. It will include a facility for the new Texas A&M System Research and Innovation Center, where public-private research projects in biotechnology and manufacturing will be conducted, as previously reported by The Dallas Express.