The Board of Trustees approved a 3 percent tuition increase as part of UT Knoxville’s $1.06 billion new fiscal year budget, which begins July 1.
Board of Trustees News
At Thursday’s UT Board of Trustees meeting, President Joe DiPietro led a special tribute to President Emeritus Ed Boling, who died on June 18.
The University of Tennessee Board of Trustees will meet Thursday and Friday, October 2 and 3, in the Hollingsworth Auditorium on the Institute of Agriculture campus.
The UT Board of Trustees honored President Emeritus Joseph E. Johnson with the Trustees’ Lifetime Achievement Award, the highest honor bestowed by the board.
The University of Tennessee Board of Trustees approved a $2.05 billion system-wide budget Thursday and set student tuition and fees for all campuses. UT Knoxville in-state undergraduates will pay between 3 and 6 percent more for tuition beginning this fall. UT Knoxville now has three tuition rates as a result of changes to the 15-4 tuition model last year.
The university’s Nuclear Engineering Department has climbed from the twelfth-ranked program in US News and World Report to the fifth-ranked in just four years. One of the reasons why: the amount of research conducted in the department. That was a key point College of Engineering Dean Wayne Davis and department head Wes Hines shared with the UT Board of Trustees Wednesday. Investment in research almost quadrupled from 2008 to 2013, climbing from $2.1 million to $8.2 million over that span.
The Board of Trustees approved a proposal Thursday to assume ownership of 4.3 miles of campus streets now owned by the City of Knoxville. In the initial phase, the Knoxville campus will assume ownership and maintenance responsibilities for several streets including Andy Holt Avenue, Pat Head Summitt Street, Johnny Majors Drive, and Lake Loudoun Boulevard.
The Board of Trustees passed a budget today that will allow the Knoxville campus to give all eligible employees a pay raise for the third consecutive year. Eligible employees will receive a 1.5 percent across-the-board pay raise or $600, whichever is greater. We also will use an additional 1.5 percent pool to reward our best performers and address market and equity pay issues.
The university’s Board of Trustees approved proposals today to name or rename several buildings on the Knoxville campus. The trustees held their winter meeting on the UT Chattanooga campus. All of the names approved will honor families or individuals who have made a significant contribution to the university and its history. One of the names marks a first in UT history. The new Fred D. Brown Residence Hall is the first building on the UT Knoxville campus to be named for an African-American person.
Alumnus Charles O. “Chad” Holliday—chairman of the board of Bank of America, former CEO of DuPont, and a leader in business sustainability—will receive the fourth honorary degree granted by UT. The degree was approved by the Board of Trustees at its meeting today. Holliday will receive an honorary doctorate in engineering at the December 15 commencement ceremony, where he will be the featured speaker.