• a)All resident students would have a choice between a 19-meal plan with a $200 declining balance or a 15-meal plan with a $300 declining balance, each of which would cost the student $1,675; and
• b)Commuter students could choose from three plans: a plan costing $371 with a $400 declining balance value, a 10 weekly meal plan with a $150 declining balance, which a student can purchase for $905, or a 5 weekly meal plan that would cost the student $492 and have a declining balance of $200.
• Action Item: Motion was made by Regent Guarnieri and seconded by Regent McFayden to approve an expansion of meal plan offerings for the remainder of the 2014-2015 school year. The motion was put to a vote and passed unanimously.

No Board action was taken in regard to the Business Affairs and Audit report, except for the approval of the expanded meal plan, as described above.

External Relations and Development Committee Report

Development Report

Regent Henry delivered the report of the Committee. Regent Henry stated that a quorum was present for the Committee's meeting. He also stated that Interim Vice President for External Relations and Development Max Maxwell had delivered a report to the Committee during its meeting. Regent Henry stated a $10,000 scholarship donation was given to the University by the Brown-Forman Corporation.

Regent Henry also stated that distribution of the University's Onward and Upward newsletter has remained steady but content has increased. The newsletter was sent to over 1,500 alumni electronically and to over 8,000 total alumni during the second quarter of 2015.

Regent Henry also reported on efforts to increase alumni and community support. He stated that alumni can now make contributions to the University online by credit card. Regent Henry stated that efforts are underway to have a two-day telethon to raise money for the University.

Regent Henry gave an overview of the status of social media. He stated that there has been an increase in the number of posts and likes on Facebook and Twitter. The External Relations Department has reached out to other institutions to get more informed on how to increase the University's online and social media presence.

No Board action was taken in regard to the External Relations and Development report.