The one-year rule won't be applied retroactively because the law isn't effective until July 1. College and university presidents as a group also wanted a year to plan for a potential funding drop with fewer students paying the higher rate, Doty said.

In other action, regents received research regarding challenges and opportunities associated with concurrent enrollment, in which high school students take courses for college credit. Some regents and college presidents noted issues with the program, including balancing resources to sustain quality and students starting to come to two-year colleges for a brief time because they've earned so many credits in high school.

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