Maryland's application for admission to the Big Ten has been approved by the conference's Council of Presidents, making the university's move from the ACC official.
Maryland has scheduled a news conference for 3 p.m. to discuss the decision, according to a university source.
Patricia Florestano, the first Maryland regent to arrive at the University of Baltimore this morning, confirmed the vote to move to the Big Ten but refuted reports that it had been unanmious. She cited financial and academic considerations as reasons the decision was made.
"We've got to look to the future," she said when asked whether there had been strong sentiment against leaving the ACC.
She also said the school did not yet know how much its exit fee would end up being, or how it would be paid.
The proposal received broad support among regents, but not all favored it.