The University of Nebraska is reportedly waiving tuition for qualifying students. University president Ted Carter announced Friday that in-state students whose family income is $60,000 or less will be able to attend the University of Nebraska tuition-free, per various reports.

Carter announced the decision during a University of Nebraska Board of Regents meeting in Lincoln, per the report. The policy takes effect this fall for both new and returning undergraduate students, regardless of whether they are on one of Nebraska's three campuses or taking classes through the university online.

“Accessibility for the people of Nebraska has been core to the mission of our University for more than 150 years,” Carter said in announcing the Nebraska Promise, per KETV. "Access and affordability have been key priorities for the students, faculty and staff of the university-wide strategic planning team charged with helping Carter chart a path forward for the NU system.

“Today we’re doubling down on that promise. We understand that in these uncertain times, many Nebraskans are rethinking every dollar. We want students and families to know that their University is here for them, that we want them as part of our family, and that we’re doing everything we can to keep the promise of a college education within reach, no matter what their circumstance.”

According to Carter, other steps regarding affordability for students have also been discussed by the university. No further details were disclosed on Friday regarding such developments.

"The chancellors and I are exploring other steps related to affordability … We don’t have further announcements just yet, but will share any decisions as soon as we make them," Carter said, per the report.

Per the university, Nebraska's tuition fees for in-state students was $9,522 for the 2019-20 school year, with an estimated total cost of $25,780 for those living on-campus when factoring in housing, course materials and other various expenses. Nebraska's out-of-state tuition for the 2019-20 school year was listed at $25,828, with the cost of attendance estimated at just more than $42,000 for students living on campus.

The said 2019-2020 cost of attendance figures are based on 15 credit hours per semester for undergraduates and cover a nine-month period, according to the university's website.