UTC spends $25.8 million in stimulus money
CHATTANOOGA (AP) - The University of Tennessee at Chattanooga used $25.8 million in federal stimulus money between the 2009 and 2011 fiscal years to boost part-time faculty, scholarships and a new math lab.
The vice chancellor of finance and operations for the school, Richard Brown, told The Chattanooga Times Free Press that about 40% went to academic affairs, with almost $5 million used to hire lecturers and adjunct faculty. UTC spent $8 million on capital improvements.
By Friday, UTC officials weren't able to provide an exact number of positions filled with stimulus money and how many were retained once the funds ran out.
University of Tennessee system spokeswoman Gina Stafford said the system received $219 million in stimulus funding, with a complete summary of usage on all campuses being compiled.
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