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            "text": "KENTUCKY STATE UNIVERSITY\nSpecial Meeting of the Board of Regents\n1:15 p.m., February 24, 2014\nBoard Room, Julian M. Carroll Academic Services Building\nFrankfort, Kentucky\nRegent Karen W. Bearden, Presiding",
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            "text": "1. Call to Order:",
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            "text": "MINUTES",
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            "text": "Chairperson Karen Bearden called the meeting of the Kentucky State University Board of Regents to order at 3:17 p.m. on February 24, 2014."
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            "text": "II. Roll Call:",
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            "text": "Chairperson Bearden asked the Secretary to conduct the Roll Call:"
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            "text": "Regent Barfield, Present"
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            "text": "Regent Bearden, Present"
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            "text": "Regent Guarnieri, Absent"
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            "text": "Regent Henry, Absent"
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            "text": "Regent Jeter-Davis, Present"
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            "text": "Regent Lysonge, Present"
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            "text": "Regent McFayden, Present"
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            "text": "Regent Reddy, Absent"
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            "text": "Regent Whitehead, Present"
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            "text": "Eight Regents were in attendance. A quorum was declared."
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            "text": "III. Opening Remarks:",
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            "text": "Chairperson Bearden welcomed the attendees to the meeting. She asked President Sias to provide her report."
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            "text": "IV. President's Report:",
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            "text": "President Sias commended KSU upon its focus on heart health this month."
        },
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            "text": "Financial Aid Cohort Default Rate:"
        },
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            "text": "President Sias discussed the Cohort Default rate and displayed a Powerpoint presentation. KSU receives $21 million in federal funds through federal loans and other aid for its students. Approximately 82% of KSU students receive some type of aid, equaling $11.9 million in loans. Some former KSU students have not been fulfilling their repayment terms and as a result, KSU's cohort loan default"
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            "text": "B",
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