 Hello. I'm proud to share today two major steps the University of Vermont is taking to ensure that we remain affordable and accessible to all who seek a university education on our beautiful campus, a place where students find an education, a community, and an experience that is simply like no other. I've proposed and our board has approved a plan to keep UVM tuition frozen for a fifth consecutive year. We will also continue to keep fees and room and board flat. Thousands of students studying at UVM and their families have already felt the benefit of our tuition freeze and I'm proud that we are extending savings to students for another year. Both this year's and next year's graduating seniors, nearly 6,000 talented men and women will earn degrees having paid the same tuition and fees for all four years, saving thousands of dollars in extra borrowing and preventing the spending down of family savings and other assets. Our unprecedented five years of freezing tuition has not been easy, but I firmly believe it is time to control the costs of higher education. UVM is proud to take the lead in putting our words and our values into concrete actions. Our faculty and staff have risen to the challenge and continue to provide learning and support that is unmatched by any institution among our peers. My second announcement is for our Vermont families, to whom we're making a special new commitment as the state's flagship and land grant university. Beginning next fall, we will offer full tuition scholarships to all Vermont students with family income of 60,000 or lower. This is our promise. Our new commitment means that nearly half of all households in the state can count on attending UVM without worrying about how to pay for tuition. We're pleased to be able to take this step and I trust it will enable even more of the best and brightest Vermonters to benefit from a UVM education and for UVM to benefit from their presence in our campus community. Our state needs more talented, educated young people in the workforce now and we're eager to help more Vermont families choose UVM without worrying about how to pay. UVM is serious about affordability and I hope five years of frozen tuition, our flat fees and full tuition scholarships for Vermonters who need the most help affording college demonstrate our unwavering commitment. Excellent, affordable, dedicated to Vermont, invested in your success. We are the University of Vermont and we're proud to be like no other. Thank you.