Though the program could benefit students financially undercut by the pandemic, the program is a long-term venture and not a response to the pandemic, Carter said.

At this time of year, a lot of high school students are deciding whether to attend college in state, he said. The program could tip their decision toward Nebraska, he said.

As for students whose family income exceeds the threshold, Carter said he will do everything he can to keep tuition rates flat and education affordable.

Carter announced the program at Friday’s Board of Regents meeting.

Carter said many people have worked hard to put this together, and he thanked the campus financial aid directors as well as members of a systemwide strategic planning committee whom he said have been discussing ideas about student access, success and well-being.

“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.

Regent Tim Clare said he favors the program.