Presenter: Dr. Aaron Thompson, President of CPE.
Reviewed collaboration efforts beginning in 2021.
Noted CPE assistance in securing:
$23 million loan for KSU, with hopes for future forgiveness by the General Assembly.
○ $15 million cash investment for modernization efforts.
Reported growth in online education to approximately 650 students.
Discussed audit-related costs and expectation of completing the FY25 audit soon.
Highlighted over $180 million in state investments since 2022 for infrastructure, including the health sciences building that included:
○ $55 million in design funds going towards residence hall renovations.
$105 million in capital and in dollars of which $5 million went towards
refurbishing the online offerings and build out the rest of the polytechnic
initiative development.
Discussed implementation of:
Polytechnic education model
Three-year degree options
Work-based learning partnerships
Addressed faculty staffing concerns and performance-based funding metrics.
Regents asked questions regarding:
Areas of study versus academic programs and majors
Faculty recruitment and funding
Performance-based funding outcomes
Workforce development initiatives
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