Approval to renew the Ellucian Banner software maintenance agreement for 3 years.

Ellucian's Banner is a comprehensive enterprise software solution utilized by Kentucky State University (KSU) to facilitate its business operations. This system, which operates as a shared integrated system, manages and supports various areas such as student information, financial aid, finance, and human resources.

The current Ellucian software maintenance agreement ends September 30, 2023.

The cost for year 1 of the contract is $312,759; this is budgeted in FY24 as E&G funding.

The total cost for the 3-year contract is $1,016,955.

President Akakpo recommends the Board of Regents approve the renewal of the Ellucian Banner software maintenance agreement for 3 years.

Approve the renewal of the Ellucian Banner software maintenance agreement for 3 years