Higher Education Commission moves to raise authorization fees for private/postsecondary institutions
The Tennessee Higher Education Commission told the committee it seeks to raise authorization and expedited-authorization fees to replenish a depleted fund after a 2016 restructuring. THEC said institutions were consulted and the division’s reserves have dropped from roughly $2.7 million to about $576,000.
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The Tennessee Higher Education Commission asked the Joint Government Operations Committee on March 31 to approve rule changes that raise the fee schedule for regulated postsecondary institutions. Lou Hanneman and Dr. Stephanie Ballard Chase told committee members the division of postsecondary authorization has operated without a state appropriation since its 2016 overhaul and its reserves have been drawn down over several years.
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