ATLANTA (AP/WAOK) - The Georgia Institute of Technology is eliminating summer commencement ceremonies to save money.

The Atlanta  university announced that it will hold two commencement ceremonies each year — one in the fall and another in the spring — instead of three.

Georgia Tech spokesman Matt Nagel says that the change is being made to be fiscally responsible. He said the move will save from $35,000 to $70,000.

Nagel said about 450 students participate in summer commencement. That compares to about 1,500 for fall and 2,300 for spring.