KNOXVILLE (WATE) – The University of Tennessee Board of Trustees Thursday approved a 3 percent tuition increase, which it says is the lowest percentage increase in more than 30 years.
Undergraduate tuition will increase by 3 percent at all three campuses in Knoxville, Chattanooga and Martin as part of the $2.13 billion budget for the 2016 fiscal year. The last time all three campuses increased tuition by 3 percent was in 1983.
Officials say the minimal increase is due to an increase of $24.4 million in state support and the university’s efforts to secure a sustainable long-term business model.
“This tuition increase follows our 3-3-0 model we have been discussing for nearly a year now. This year, we are pleased that state appropriations were strong,” UT President Joe DiPietro said. “We did very well this year in state funding and thank the governor and legislators for their support. We must continue to press for increased support but also plan for difficult budget circumstances in the future.”
The increases amount to an increase of $194 in tuition at UT Chattanooga, an increase of $362 for UT Knoxville students admitted before fall 2013, an increase of $302 for students admitted in fall 2013, spring 2014 or summer 2014, an increase of $312 for students admitted in fall 2014 or later, and an increase of $202 at UT Martin.
The board of trustees approved a 6 percent increase in 2014.
The board also paid tribute to former president Dr. Ed Boling who passed away earlier this month, voted to name the planned science building at Cumberland and 13th Street the Ken and Blaire Mossman building and to rename the Black Cultural Center the Frieson Black Culture Center for twin brothers and alumni Ron and Don Frieson, among other items.