Wis. (WLAX/WEUX) – The University of Wisconsin system is launching a new tuition waiver at its 12 regional campuses. The program, called the Wisconsin Tuition Promise, is modeled after Bucky’s Tuition Promise Program at UW Madison.

Beginning this fall, the system will waive any tuition and fees remaining after financial aid is calculated for Wisconsinites who come from families making less than 62-thousand dollars a year. Undergraduates would be eligible for the waiver for eight semesters.

Students seeking associate degrees and transfer students would be eligible for the waiver for four semesters. The discount will work out to an average of 45-hundred dollars per student over four years.

System officials plan to fund the program’s first year at 13-point-8 million dollars and seek state aid for subsequent years.