PROPOSED UTC CHANGESTuition increase proposal• 6 percent tuition increase to $5,722 or $7,212, including feesRequire board of trustees approval• Facilities match fee — $50, expected to generate $650,000• Athletic fee — from $360 to $480, a 33.3 percent increase estimated to generate almost $1.3 million.• Increase tuition for the Executive MBA programs from $36,000 to $44,000 for in-state and from $40,000 to $49,000 for out of state.Needs president’s approval• Special course fee of $50, estimated to generate $30,000Requires chancellor approval• North Campus housing cost — From $3,360-$5,460 to $3,478-$5,650, a 3.5 percent increase, estimated to generate $187,364.• Stagmaier Hall housing cost (will reopen this fall) — $3,800, expected to generate $524,400.• Parking decals — From $108-$284 to $120-$316, a 10.4 percent increase expected to generate $86,604.• Meal plans — From $328-$1,313 to $341-$1,365, a 4 percent increase, expected to generate about $800,000.Source: UT systemWHERE THE NEW MONEY GOESIf approved, the 6 percent tuition increase is expected to generate more than $3 million.• $900,000 will pay for the share of a 2.5 percent across-the-board salary increase not funded by state appropriations, and a 0.5 percent merit increase.• $408,000 is allocated to offset cuts in state operating funds.• $1 million is for instruction for faculty promotions and stipends and full-time faculty added due to enrollment growth.• About $700,000 is for higher utility costs and for support, maintenance and operations personnel.Source: UT system
UTC students may come back this fall with a higher tuition sticker price and a wide array of fee increases.
Under proposals being voted on today by the University of Tennessee Board of Trustees at their annual meeting in Knoxville, a full-time in-state freshman will pay a total of $7,212 a year, up from $6,718.
The vote affects all UT system campuses.
Fee increases proposed for the University of Tennessee at Chattanooga include raising the athletics fee by 33 percent, from $360 to $480. If approved, athletics fees will have increased 81 percent since fiscal 2009.