UTC is the best deal in the whole system, plus bigger HOPE exchanges this fall
KNOXVILLE, Tenn. (WDEF) — The University of Tennessee Board of Trustees on Friday approved a budget that keeps the line on tuition for the second time in the past 3 years.
“Rising inflation is hitting our students and our families especially hard,” said UT Board of Trustees Chairman John Compton.
“Thanks in large part to Governor Bill Lee and our Tennessee General Assembly’s historic $137 million higher education budget, we are fortunate to keep tuition and mandatory fees at a fixed level. for fiscal year 22-23.”
The move includes both the UTK and UTC campuses.
The budget also includes a 4% payroll for employees, which is the largest payroll increase in UT history ($28.3 million).
UTC officials point out that the Chattanooga campus remains the most affordable university in the UT system.
“In addition to offering undergraduate students in the state the lowest tuition and fees of any UT campus in the state of Tennessee, UTC also offers significant tuition waivers regional and border to students from counties and states adjacent to Tennessee.”
UTC officials also say the lottery’s HOPE scholarship expansion is also a big win for students.
The scholarships increase to $4,500 for full-time freshmen and sophomores and $5,700 for juniors and seniors, starting this fall.