The Georgia Board of Regents has approved Kennesaw State University's financial plan to support a NCAA Division I football program.

The Board of Regents approved the school's plan to increase student fees by $100 per semester beginning this fall to support the football program.

The increase is expected to translate to a $4.8 million increase in revenue in its first year. School officials say an anonymous donor has also pledged $5 million over a 10-year period to support the program.

In addition to creating a football team, the university also plans to add a women's lacrosse program.

The university competes in seven men's sports and nine women's sports in the Atlantic Sun Conference. With more than 24,600 students enrolled, Kennesaw State is Georgia's third-largest university.

Tags: georgia board of regents, kennesaw state university, football program