In a called meeting in spring 1984, the board of trustees raised fees for in-state undergraduates 14 percent and for out-of-state undergraduates and graduates, 12 percent. Tuition for the College of Law was raised 20 percent and for the College of Veterinary Medicine, 15 percent. The increases were made necessary primarily by the 30/70 agreement between UT and the state regarding funding for higher education in Tennessee. Students were to pay 30 percent of the cost, and the state was to pay 70 percent. The additional funding for UT that was part of the $351 million Comprehensive Educational Reform Act approved by the general assembly required increases in student fees to meet the 30/70 agreement. Vice President for Business and Finance Eli Fly indicated that “even with the increases, student fees will still make up less than 30% of UT’s budget.”