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            "text": "KENTUCKY STATE UNIVERSITY\nBOARD OF REGENTS",
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            "text": "ACTION ITEM 4F",
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            "text": "Approval of FY 2022-2023 Tuition & Fees and Rescind Thorobred Promise Tuition Program."
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            "text": "FACTS:",
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            "text": "Vice President/CFO Dr. Shields submitted FY 2022-2023 Tuition & Fees. Kentucky State University now seeks the approval from the Board of Regents."
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            "text": "The Thorobred Promise Tuition Program, which began in the 2018-2019 academic year, was designed to boost graduation rates and cut down on the number of loans students acquire. It guaranteed flat-tuition rate for four years for new first-year undergraduate students. This program has not been utilized."
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            "text": "BUDGETARY IMPLICATIONS:",
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            "text": "The campus recommends a two percent (2%) total increase that includes realigned and increased meal plans and housing. This amount is in line with sister institutions within the Commonwealth of Kentucky."
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            "text": "ALIGNMENT WITH STRATEGIC GOALS:",
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            "text": "FY 2022-2023 Tuition & Fees will assist in reaching the University's Strategic Goals 1 & 3:"
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                    "text": "Rescinding the TPTP program will assist in reaching Operational Efficiency in Goal 3."
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                    "text": "Enhance Student Enrollment, Improve Student Life and Engagement, and Improve Student Advising and Career Development.",
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                    "text": "Increase the University's Financial Strength and Operational Efficiency",
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            "text": "RECOMMENDATION:",
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            "text": "VP/CFO Shields recommends that the Board of Regents approve FY 2022-2023 Tuition & Fees and Rescind Thorobred Promise Tuition Program."
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            "text": "MOTION:",
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            "text": "Approve FY 2022-2023 Tuition & Fees and Rescind Thorobred Promise Tuition Program."
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            "text": "Page 33 of 40",
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            "text": "Finance and Administration",
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