The East Tennessee State University (ETSU) Board of Trustees convened on April 21, 2023, to discuss significant financial adjustments and governance matters impacting the university community. A primary focus of the meeting was the proposed tuition and fee increases, which have sparked considerable debate among students and stakeholders.
During the meeting, the board reviewed 33 comments received from the university community regarding the proposed 2.95% tuition increase and a 2.45% increase in mandatory fees. Notably, 20 of these comments came from students, with 24 expressing opposition due to concerns about the financial burden on students. Some respondents questioned whether the increases would lead to tangible improvements in university facilities. Despite these concerns, the board moved forward with a motion to approve the increases, which apply to both undergraduate and graduate students on the main campus. The motion passed with unanimous support from the trustees, reflecting a consensus on the necessity of the adjustments to maintain the university's financial health.
In addition to the financial discussions, the board received an update from the audit committee. Trustee Stegall Jones reported that the committee had reviewed various charters and policies, confirming that no changes were necessary. The committee also completed two audits, one of which received an unqualified opinion, indicating strong financial oversight and management practices.
The meeting also included a review of the board's self-evaluation process, which showed an increase in participation compared to previous years. Trustees expressed satisfaction with their performance, particularly in areas such as communication and adherence to ethical standards. The evaluation highlighted the board's effectiveness in strategic planning and its role in supporting university leadership.
Overall, the meeting underscored the board's commitment to addressing financial challenges while maintaining transparency and accountability in governance. As ETSU prepares for the upcoming academic year, the approved tuition and fee increases will play a crucial role in sustaining the university's operations and enhancing the educational experience for students. The board's proactive approach to self-evaluation and audit oversight further demonstrates its dedication to continuous improvement and responsible stewardship of university resources.