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Interim President Randy Boyd made the announcement of the “UT Promise” program Thursday.
The free tuition is out there to college students who attend the state college’s campuses in Knoxville, Martin or Chattanooga.
The free tuition applies to these coming from households making underneath $50,000 a yr after numerous monetary support is utilized.
College students beforehand enrolled earlier than the start of this system are eligible for the free tuition as properly.
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Boyd stated the college just isn’t “only for the rich or the elite,” however, “is a college for everybody,” The Related Press reported.
Forty-six p.c of College of Tennessee college students graduate debt-free, in line with the college’s announcement.
A LendEDU survey discovered the common debt per borrower on the College of Tennessee for the Class of 2017 was almost $22,000.
“The College of Tennessee Basis will concurrently launch the UT Promise Endowment marketing campaign to assist fund this initiative,” the college’s announcement stated.
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“Within the interim, the College will cowl the price. This endowment will permit this to really be a promise and assure for years to return.”
The UT Basis is a nonprofit the place non-public contributions are made to assist College of Tennessee college students and college members.
The College of Tennessee didn’t instantly reply to The Each day Caller Information Basis’s request for remark.
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