The Office of Higher Education shall adopt regulations in accordance with the provisions of chapter 54 in order to carry out the provisions of sections 10a-22a to 10a-22o, inclusive, and sections 10a-22u to 10a-22w, inclusive. Such regulations may prescribe fines, fees or penalties in lieu of the amounts set forth in sections 10a-22b to 10a-22e, inclusive, and sections 10a-22i, 10a-22l, 10a-22m and 10a-224.