KNOXVILLE, Tenn. (AP) -- Students in the University of Tennessee system will spend 6 percent more in tuition under a fiscal 2014 budget approved by the board of trustees.
The Knoxville News Sentinel reports the nearly $2 billion budget approved Thursday in Knoxville includes a pay bump of 1.5 percent across the board for faculty and staff. Chancellors of UT Knoxville and UT Martin will both receive 10 percent pay increases and Joe DiPietro, the UT system president, will receive a 4.5 percent increase.
The tuition increases will mean UT Knoxville undergraduate students will pay $8,270 a year for in-state tuition, up $468. Graduate students from the state will pay $9,540, or $540 more a year. The undergraduate in-state tuition will increase by $343 and $358 at UT Chattanooga and UT Martin, respectively.
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