The Special Called BOT Finance and Administration Committee Meeting for East Tennessee State University took place virtually on April 11, 2025. The meeting focused on key financial decisions impacting the university's budget and tuition rates for the upcoming academic year.

The meeting commenced with a discussion on the anticipated impact of budgetary changes on enrollment figures. Committee members confirmed that the current budget was based on flat enrollment projections, indicating no expected enrollment decline despite the financial adjustments.

The primary agenda item was the proposed tuition increase for the Gatton College of Pharmacy. Due to a historic state appropriation, the college had previously lowered tuition rates, which were maintained for the fiscal year 2025. However, a 2% increase in tuition was proposed for fiscal year 2026, resulting in a $540 increase for in-state students and a $660 increase for out-of-state students. This decision aims to balance the college's budget while continuing to support its underserved population.

Committee members inquired about student enrollment numbers, with approximately 170 students currently enrolled in the pharmacy program. The college anticipates an incoming class of 60 to 65 students for the fall of 2025. The discussion also included the potential for additional state funding, with hopes of receiving $2.5 million, which could alter the proposed tuition increase. The committee agreed to revisit this topic in May, when more information about state funding would be available.

After addressing questions and comments, the committee moved to a vote on the tuition increase proposal, which passed unanimously.

The meeting concluded with a transition to discussions on criminal justice and criminology, indicating ongoing financial considerations for various academic programs at the university. Overall, the meeting highlighted the university's commitment to maintaining affordability while navigating budgetary challenges.