§ 7.11. Tuition. The executive director shall, subject to the approval of the commissioner of education and the director of the budget, fix and determine the amount of tuition to be paid by each applicant for admission. Such tuition may be paid by the local school district wherein such applicant resides in whole or in part. Payment of such tuition may be waived in whole or in part by the executive director upon a proper showing of financial hardship by an applicant for admission.