Public Notice of Proposed Tuition and Mandatory Fee Increase

Pursuant to Tennessee Code Annotated Section 49-7-1603, Tennessee Tech’s Board of Trustees is providing notice of the proposed tuition and mandatory fee increase as an action item on the Board’s Thursday, June 22, 2023, agenda.

1. Proposed tuition and mandatory fee increase for academic year 2023-2024:
   1. Undergraduate maintenance (admitted prior to Fall 2020) proposed fee increase of 2.93%
      1. Base 12 hours proposed to increase from $325 per hour to $334 per hour.
      2. Over base hours proposed to increase from $66 per hour to $70 per hour.
   2. Undergraduate maintenance (admitted Fall 2020 forward) proposed fee increase of 2.92%
      1. Part-time rate proposed to increase from $325 per hour to $334 per hour.
      2. Flat rate proposed to increase from $4,620 for students taking 12 or more hours per semester to $4,755 for students taking 12 or more hours per semester.
   3. Program Service Fee proposed fee increase of 2.96%
      1. Program Service Fee proposed to increase from $641 per semester to $660 per semester.
         1. Facilities Fee component proposed to increase from $51 per semester to $70 per semester.
2. Revenue derived from the tuition and mandatory fee increase will be used:
   1. Undergraduate maintenance
      1. Resources necessary to address inflationary cost and to fully fund the 5% salary pool provided in the State budget.
   2. Program Service Fee – Facilities Fee Component
      1. Revenue will be used for facilities development.
3. Tennessee Tech University makes every effort to mitigate the effect of the increase on students:
   1. Undergraduate maintenance and mandatory fees
      1. Tennessee Tech's undergraduate maintenance is comparable to other public universities in Tennessee.
      2. The proposed 2.9% undergraduate maintenance increase is within THEC's established tuition range for academic year 2023-2024.
      3. Cost containments through regular budget reviews and reductions where possible.

Factors the Board will Consider When Setting Tuition and Mandatory Fee Levels

• Mandatory Factors:
  1. Level of State Support
  2. Total cost of attendance
  3. Efforts to mitigate the financial effect on students
• Additional Factors:
  1. THEC mandatory tuition and fee ranges
  2. Comparison to peer institutions, competitor institutions, other LGIs
  3. Higher Education Price Index

Individuals are invited to submit written comments about the proposed increase via this link: https://www.tntech.edu/board/tuition-transparency or by mail to the Office of the Board Secretary, P.O. Box 5141, Cookeville, TN 38505. All comments must be received by 4:30 p.m. (CDT) on Tuesday, June 13, 2023.

Submit Your Comments