NASHVILLE — University of Tennessee at Chattanooga officials are seeking a 3% boost in tuition and mandatory fees from the UT System’s Board of Trustees for the 2023-24 academic year.
The University of Tennessee in Knoxville is requesting an increase as well, albeit a lower percentage increase of 1.8%.
The Board of Trustees will consider the requests for both universities as well as the UT Health Science Center in Memphis and the University of Tennessee Southern in Pulaski during the meeting set for June 30 in Memphis.
UTC is asking for a $296 increase for the academic year. If approved, it would bring annual tuition from the current $9,848 to $10,144, according to a UT System summary.
The projected growth from state appropriations and other funding sources won’t provide “sufficient funding” to respond to a significant rise in inflation and also will not fully fund UTC’s fiscal year 2024 salary pool, UTC officials said in their explanation to the board for the requested tuition hike.