The University of Tennessee Health Science Center’s advisory board on Friday, May 10, unanimously approved a tuition increase and higher fees as part of the school’s 2024-25 fiscal million, an $11 million increase over the current year. year budget.
If the UT board of trustees also approves the budget at its meeting next month, all of UTHSC’s students would see a 2.9% tuition increase in the fall.
According to Raaj Kurapati, UTHSC executive vice chancellor “Our goal is to continue to share more of this information in greater detail over the course of the coming months and future and chief operating officer, some of the new money would go to funding student scholarships. A million of the university’s operating budget will be allocated for unrestricted scholarships and leveraged to raise other philanthropic dollars.
Kurapati also said the changes are part of a long-term strategy to balance the college’s budget. The tuition and fee increases are expected to yield about $3 million in additional funding for UTHSC, whose proposed total revenue for FY 2025 is about $696 million, an $11 million increase over the current year.
“Our goal is to continue to share more of this information in greater detail over the course of the coming months…..