Phase I of the project consisted of an analysis of our current implementation to review business practices and process, identify problems and make recommendations for improvements. Phase II of this project is in progress. The finance team continues to work with Ellucian consultants to implement the recommendations.

KSU has improved its collection of student accounts by implementing a new statement of student responsibility. A new collection policy was also created. Students not currently enrolled who have outstanding balances have been sent to an outside collection agency (KEYS2RECOVERY). This action reflects a strong effort on the part of the University to collect revenue and lower uncollectable rates.

While the university has experienced a 3.2% decline in enrollment (N = 40 students in the dual credit program), KSU is actively working to rebuild its enrollment process as well creating an online learning platform aimed at cultivating a robust and sustainable workforce to serve the needs of the Commonwealth.

The development of the online platform is possible due in part to an infusion of funding by the legislature through CPE.

Likewise, the office of dual credit is awarded two grants (USDA NIFA $600,000 and CPE dual credit bridge programs grant $2,600) to expand KSU's effort in recruiting more high school students through dual credit.

I he aims of the strategies implemented by the new administration of KSU are to put the University on track to sound financial resources and renewed stability to support its mission.

The KSU budget request includes four additional funding items that have been approved by CPE.

Kentucky State University is one of the two land grant institutions in the state. As such, it is eligible to receive federal grant funds appropriated by Congress each year to support land grant programs and activities and services. The federal funds are to be matched dollar-for- dollar by the state, from non-federal sources. Meeting the land grant matching requirement is essential for the successful implementation of land grant programs and activities at Kentucky State University. This funding is critical for maintaining and expanding our efforts to address the unique agricultural and economic needs of the Commonwealth. Kentucky State University requests funding to match federal grants aimed at enhancing our research initiatives, community outreach, and agricultural programs.