Kentucky State University strives to continue building upon ways to continue providing engaging opportunities for our students. While we aim to keep forward movement, we do not want to create a financial burden for the institution. Currently incoming students pay a one-time orientation fee of $35, that merely covers New Student Orientation Costs. All of our current Bred Week expenses fall on the university, as there is no additional fee for students to attend. For 2019 the total expenses for NSO and Bred Week were $119,060.57. One reason this total was so high, was due to the fact that student meal swipes were not active, and we had to pay for all student meals. This proposal details an increased fee that would cover both NSO and Bred Week expenses, including meal swipes beginning during Bred Week.
In true Thorobred spirit, we are proposing a one-time fee of $188.60. The breakdown below details how this fee would be budgeted. Additionally, there are cost comparisons between 2019 and 2020 to show the estimated savings.
NSO (Meals and Spirit Items) - $23
Bred Week T-Shirt - $10
Bred Week Spirit Items - $20
Entertainment - $8
Confirmation Items - $15
Sodexo Special Event Catering - $50
Special Bred Week Guest - $60
| Year | 2019 ($35) | 2020 ($188.60) |
|---|---|---|
| Expenses | $119,060.57 | $93,000.00 |
| Income | $17,500.00 | $94,300.00 |
| Institutional Cost | $101,560.57 | ($1300.00) |
This proposal shows how the increase of this fee, not only allows us to do more, but saves the institution from taking on the cost of Bred Week. We would propose that this fee be paid at the time a student registers for their New Student Orientation. We will work with accounting to have an orientation account setup, and these funds would be allocated to that account as they come in. All NSO and Bred Week expenditures would be processed against this account only. If approved this would go into effect for Fall 2020 Orientations and Bred Week.