In a special meeting, the University of Tennessee Health Science Center’s Advisory Board last month unanimously approved a recommendation to be advanced to the UT Board of Trustees for a 2.9 percent across-the-board tuition increase for Fiscal Year 2024-25.
The proposal, which must be approved by the UT Board of Trustees, is part of an overall judicious and long-range financial strategy presented by Raaj Kurapati, AIFA, executive vice chancellor and chief operating officer, to ease a base budget deficit, support unrestricted scholarships, and help ensure a balanced budget for the university.
Kurapati, who joined the university last fall, said the tuition increase, is expected to yield additional funding of between $750,000 and $1.2 million, depending on fall enrollment.
Chancellor Peter Buckley, MD, said the tuition proposal was shared with students and faculty leadership prior to the presentation. All Health Science Center deans were also in support, he added.
Read more on our UT Health Science Center news site.