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The University of Georgia is launching a $4.4 million initiative to reduce class size, it announced Monday. The university will create more than 300 new course sections in 81 majors by fall 2016, mainly through hiring dozens of new faculty members in the coming year. Georgia’s current student-faculty ratio is relatively low for a research university, at 18 to 1, but the initiative ensures that a majority of the new course sections will have fewer than 20 students each. The move builds on other recent attempts by the university to increase student-faculty interaction, including a new graduation requirement that all 27,000 undergraduates engage in experiential learning such as internships, research or study abroad.