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THEC adopts postsecondary authorization fee rule revision after staff warns reserve is nearly depleted; vote 3–1

Tennessee Higher Education Commission, Committee on Finance and Operations · December 2, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee adopted a rule revision to adjust fees for the postsecondary authorization function after staff reported the reserve declined from $2,560,000 in 2016 to $575,000 on July 1, 2024; one commissioner opposed the change and commissioners asked staff to increase transparency on fee uses.

The Tennessee Higher Education Commission’s committee voted 3–1 to adopt a revision to the postsecondary state authorization rule to adjust authorization fees and ensure the regulatory function is funded.

Dr. Stephanie Ballard Chase, Senior Director of Postsecondary State Authorization, told the committee the statutory framework (the Tennessee Higher Education Authorization Act…

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