For release: June 25, 2010
For press information, contact Curt Guenther, 901/678-2843
The Tennessee Board of Regents has approved tuition increases that will go into effect
this fall at TBR-governed public universities and community colleges. At the University
of Memphis, tuition for an in-state undergraduate student taking a full academic course
load (12 hours) will be $3390 per semester, a 5% increase over last year’s tuition.
An in-state graduate student taking a full course load (9 hours) will pay $3894 per
semester, 5.16% more than last year.
This year’s tuition increases are less than last year’s, which were 5.4% for undergraduates
and 7.1% for graduate students.
State funding for higher education has been reduced each of the past three years.
At the U of M, state funding has been reduced nearly 27%, more than $33 million. “We
need the continued support of our alumni, our friends, and our community to help offset
these cuts,” said Dr. Shirley C. Raines, president of the University of Memphis. “Our
employees, who have not had a raise in three years, deserve a great deal of credit
for continuing to keep our students’ success paramount.”
Raines said the University has taken numerous steps to control costs, including a
voluntary buyout for employees during the first year of state budget cuts, limiting
hiring to fill only those positions considered critical and strategic for the University’s
mission, such as faculty in the Loewenberg School of Nursing, and reducing the budgets
of organizations at all levels throughout the University.
Although the students’ share of the cost of higher education in Tennessee has risen
again, University of Memphis administrators have worked to keep the U of M increase
as low as possible. “We have tried to balance cost-cutting and tuition increases,
keeping the high quality education and the timely graduation of our students as our
primary goals,” Raines said.