If UT’s endowment has topped $ 1 billion and we’ve set our sights on a large goal, how will the campaign impact our need for tuition?
Funds raised are designed to supplement but in no way substitute for funds received from the state of Tennessee. As with most public higher education institutions, private support is beneficial for enhanced initiatives or programs, but not for the core mission of undergraduate education, which most donors believe should be provided by the state. It’s important to note that, generally, at least 98 percent of what is raised overall in this campaign and in the university’s history is restricted to a specific program or purpose and cannot be used to cover operating costs.
