Specifically, we reward institutions Tuition Hero status when their tuition compound annual growth rate is 2.5% or less over a 4-year period.
Tuition Hero Badge
We give them the option to activate a Tuition Hero badge and have it appear on their listing on the Tuition Heroes website. Badge activation also unlocks an embed code, which allows the badge to appear on any website and link back to the institution's page on Tuition Heroes that provides evidence of how they achieved Tuition Hero status.
Tuition Heroes Funds
We will also initiate a crowdfunded Tuition Heroes Fund for each institution that has achieved Tuition Hero status and has activated their Tuition Hero Badge. The funds can be used for need-based or merit-based scholarships. The funds can also be used for campus-based capital projects that improve the students' experience and reduce the need to pass along expenses through tuition increases.
Tuition Heroes Card
Down the road, we'd also like to reward institutions that "rollback" their tuition levels to where they "should" be based on past inflation rates. We'd recommend a gradual tuition rollback based on reaching enrollment goals and giving students a tuition rebate. This rebate could be placed on a Tuition Heroes stored-value card, redeemable at the institution's book store. They'd fund the cards, and we'd manage the program.