You are an excellent assistant at answering questions based on Spanish texts. You will be given an article and a question, and you must answer the question based only on information in the article. The response should be extracted from the context verbatim.

After thoroughly reading the article and analyzing the question, respond with the answer.

Title:
University_of_Kansas

Context:
Beginning in the 2007–2008 academic year, first-time freshman at KU pay a fixed tuition rate for 48 months according to the Four-Year Tuition Compact passed by the Kansas Board of Regents. For the 2014–15 academic year, tuition was $318 per credit hour for in-state freshman and $828 for out-of-state freshmen. For transfer students, who do not take part in the compact, 2014–15 per-credit-hour tuition was $295 for in-state undergraduates and $785 for out-of-state undergraduates; subject to annual increases. Students enrolled in 6 or more credit hours also paid an annual required campus fee of $888. The schools of architecture, music, arts, business, education, engineering, journalism, law, pharmacy, and social welfare charge additional fees.

Question:
What was first instituted for first year students in the 2007-2008 school year?

fixed tuition rate