(a) Not later than January 31 of each year, the board shall furnish without charge to each purchaser a statement of:
(1) the amount paid by the purchaser under the prepaid tuition contract;
(2) the number of credit hours originally covered by the contract;
(3) the number of credit hours remaining under the contract; and
(4) any other information the board determines by rule is necessary or appropriate.
(b) The board shall furnish a statement complying with Subsection (a) to a purchaser or beneficiary on written request. The board may charge a reasonable fee for each statement furnished under this subsection.