UT Martin tuition model approved, UT trustees announce tuition increases
The University of Tennessee Board of Trustees approved a new tuition model Thursday for the University of Tennessee at Martin, the university said.
UT Martin said in a news release Thursday that most students will enter the college under the new tuition model. Those full-time students will pay a $3,840 flat per-semester rate, plus mandatory fees. The school noted that mandatory fees won’t increase this school year.
Part-time and online students will stay on the existing per-hour model. UT Martin noted that it doesn’t charge for enrolled hours above 12, which is the threshold for full-time students when it comes to financial aid, tuition and fees.
The university said it is lowering overall on-campus housing rates and upping private scholarship assistance.
The rate for online courses will rise in the 2016-2017 school year, with undergraduate online course fees increasing 2.2 percent for in-state and out-of-state domestic students and graduate online course fees increasing 3 percent.
The board of trustees also announced Thursday that in-state tuition will increase no more than 2.2 percent for must undergraduates system wide. The Associated Press reported Thursday that net increases range from 0 to 3 percent, depending on the campus. The board said the increases are the lowest in 30 years.
The AP said a $2.2 billion budget was approved by the trustees at a quarterly meeting in Knoxville.
For more on UT Martin’s new tuition schedule, click here.