In 2009, the University Board of Trustees, in accordance with Florida Statutes Section 1009.24 (13) authorized and established a technology fee to be paid by all students. The statute states "Each university board of trustees may establish a technology fee of up to 5 percent of the tuition per credit hour. The revenue from this fee shall be used to enhance instructional technology resources for students and faculty."
The University of South Florida institutions each retain a percentage of the Technology Fee dollars generated by their institution for use in support of their own Technology Fee projects. The remaining portion from each institution is allocated to the One USF. The University of South Florida initiatives will fund projects that enhance instructional technology across all of the University of South Florida institutions.