Includes whereas clauses.

Amends GS 116-143.1 to allow the following people to be charged in-state tuition at the constituent institutions of the University of North Carolina and the community colleges under the jurisdiction of the State Board of Community Colleges. Applies to a person lawfully admitted to this State or lawfully present in the State who: (1) has a parent or legal guardian who was lawfully admitted to the US or is lawfully present in the US, is not a US citizen, and holds a valid H-1B visa or L-1 visa and (2) meets all of the following criteria: (a) either holds a valid H4 visa, or is continuously enrolled at an institution of higher education, held a valid H4 visa at some point during the period of continuous enrollment, and was as classified as a resident for tuition purposes at some point during the period of continuous enrollment and (b) establishes domicile in this State under this statute.

Appropriates specified amounts for 2024-25 from the General Fund to the UNC Board of Governors and Community College System Office to offset the reduction in tuition due to additional students receiving in-state tuition. Requires the Community Colleges System Office, beginning in the 2024-25 fiscal year, to incorporate any losses in estimated receipts resulting from the increased eligibility for in-State tuition into its enrollment funding model without reducing its total requirements. Effective July 1, 2024.

Applies beginning with the 2024-25 academic year.