• Motion was entertained for the approval of the additional $3 million for Shauntee Hall. Motion made by Regent Grimshaw and seconded by Regent Fields. Motion Passed.
  • Dr. Bigard discussed Jackson Hall easements/covenant and said they need board's approval. The amount is $450,000. Motion made by Regent Hatchett and seconded by Regent Obielodan. Motion Passed.
  • Dr. Obielodan commented that when feasible it would be nice to have an elevator.

C. Division of Academic and Student Affairs by Dr. Michael Dailey.

iii. Update on Academic Affairs and KYSU Global.

  • Dr. Dailey discussed that they want to make education accessible to everyone, which is why they have online space now called KYSU online or KYSU Global.
  • He discussed the tremendous growth in the global campus.
  • He discussed the two opportunities in the global environment of revenue sharing type agreement or revenue generation and the differences in the two opportunities. KYSU is using the second option of revenue generation and looked at an investment on the front end.
  • KYSU started with three programs and it now has a ninth program with the last being the bachelor of social work.
  • KYSU started with two graduate programs, but now has two other master's degree programs that are here. There will also be a Master's in Public Health in the Fall and a Master's in Exercise Science that will be added to the online offering for graduate studies.
  • This year will be the first cohort of graduates after a year and a half.
  • Have had an increase in the online space from 225 students in the spring of 2025 to 612 students currently.
  • KYSU will have 31 undergraduate and/or associate degrees students and 16 graduate students from global.
  • Dr. Bigard said financially there is a higher contributor to the overall bottom line.
  • She said in 24-25, they did generate over $2.2 million in tuition and fees but a significant portion or a fourth of that was coming through resident students. So net revenue was $1.6 and Magellan and Sway expenses were $5.5 payroll, resulting in deficit of $4.6.
  • In 25-26, they are at $4.8 in net revenue; $5 million to Magellan and Sway, resulting in net deficit of $1 million. In total, generated $6.1 million in revenue, but expenses at $15.6 million. There was further discussion by Dr. Bigard of revenue and expenses.
  • Dr. Dailey discussed the marketing space and investing.
  • Dr. Akakpo asked if moving forward if all the services provided by Magellan would go away and use in house services for everything. Dr. Dailey said yes, there would be a transition to the university.
  • Dr. Dailey said course development has been a shared responsibility. He said

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