Less than two months after the Hartford men's basketball team reached its first NCAA tournament, the university's board of regents voted Thursday to transition the athletic programs from Division I to Division III.

The university will have to file its intent to the NCAA in January 2022, and expects to be transitioned to Division III by Sept. 1, 2025.

"A move to Division III will allow the University to further strengthen the academic, co-curricular, and wellness experience for all students," board of regents chair David Gordon said in a statement. "While we know this decision will disappoint some members of our community, we remain confident that this shift is in the best long-term interests of the institution and all its students."