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            "text": "ACTION ITEM 5D",
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            "text": "KENTUCKY STATE UNIVERSITY BOARD OF REGENTS",
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            "text": "Approval to renew the Ellucian Banner software maintenance agreement for 3 years."
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            "text": "Ellucian's Banner is a comprehensive enterprise software solution utilized by Kentucky State University (KSU) to facilitate its business operations. This system, which operates as a shared integrated system, manages and supports various areas such as student information, financial aid, finance, and human resources."
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            "text": "The current Ellucian software maintenance agreement ends September 30, 2023."
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            "text": "The cost for year 1 of the contract is $312,759; this is budgeted in FY24 as E&G funding."
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            "text": "RECOMMENDATION",
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            "text": "President Akakpo recommends the Board of Regents approve the renewal of the Ellucian Banner software maintenance agreement for 3 years."
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            "text": "Approve the renewal of the Ellucian Banner software maintenance agreement for 3 years"
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