Leach's decision will impact all 11 campuses within the Texas A&M system.
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"The Board is very focused on making a college education affordable for all Texans and pledges to make accessibility and fairness our highest priority," Leach said.
SEE ALSO: Buc-ee's owner donates $50 million for hospitality entrepreneurship program at Texas A&M
Texas A&M Chancellor John Sharp said he recognizes the inflation for running universities but has decided to focus on managing costs rather than raise tuition for students.
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Sharp gave credit to the Texas A&M system for its ability to manage its costs to the state's elected officials, who reportedly appropriated more money for higher education last year.
The annual inflation rate slowed to 8.3% in April, but some economic sectors continued to see higher increases than the overall inflation rate.
RELATED: US inflation hit 8.3% over past year, slows from previous month's 40-year high
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