- Engagement of outside advisors and counsel for the Board.
- Approval of the employment of faculty members at the administrative level, and staff employees at the vice-presidential level and above, and fixing of their compensation and tenure of service.
- Approval of all administrative employment contracts offered to KSU employees prior to execution.
- Approval of salary and benefit ranges for all KSU personnel.
- Approval of the creation and elimination of employment positions.
- Approval of KSU's annual budget and any material changes to it.
- Approval of tuition, fees, and other charges.
- Approval of all loans, borrowing, and issuances of bonds.
- Approval of any administrative structure and plan of organization for KSU.
- Approval of KSU's policies of governance and operations.
- Granting of diplomas and conferring of degrees, upon the recommendation of the President and faculty.
- Promulgation of state financial management administrative regulations in accordance with KRS 164.560.
- Approval of any appropriation, expenditure, disbursement, or contract exceeding $1,000,000 in a single fiscal year.
- Approval of any legal settlement with a settlement amount of more than $300,000.
- Approval of the constitution and bylaws of the Faculty Senate, the Staff Senate, and the Student Government Association.
- Approval of namings.
- Periodic review and approval of KSU's vision, mission, and proposed long-range strategic plans.
- Acquisition or disposal of an interest in real property, the duration of which interest exceeds two (2) years' time.
- Engagement of a qualified firm of certified public accountants for the institutional audit.
- Establishment of a fund for excellence under KRS 164A.620.
- Recommendation for faculty tenure and administrative promotion decisions (President recommends to the Board for approval).