TTU receives one-third of its funding from Tennessee state taxes and one-fifth from student tuition and fees. If the school had to run solely on state appropriations and student tuition and fees, it would have to close its doors on March 4, according to Kristie Phillips, director of Annual and Special Programs. Rather than leaving for spring break, students would be going home for the semester.
"It's so important that our alumni and friends continue to donate," said Phillips. "A donation as small as $25 goes a long way."
So, on Tuesday, the university will host its first ever "Tuition Runs Out" day event. The event is setup to educate students, faculty, staff, and community members about the cost of running TTU and why their money is so important. The event is free and open to everyone. Students will be encouraged to "give a second" by donating $5 but are not required to. Credit card processing will be available for donations. The event will carry a carnival theme with booths from participating colleges, schools and organizations. Volunteers will be stationed at each booth to answer questions about the challenges of funding a public university and to participate in giveaways.
"More than anything, it's an awareness event," said Phillips. "We want students to realize that their tuition and fees are crucial to operations here at Tech but that it takes so much more to keep the doors open."
The event will be held rain or shine.