Regent Bearden reported that current student enrollment is 2,168. Additionally, student applications have increased for the Fall 2014 semester. Acceptances have also increased as well. For student applicants, the average grade point average is 3.2.

SSEM goals for the balance of the year include: 1) Targeted intrusive advising to all students; 2) Increased number of police officers to two (2); 3) Acquiring additional police vehicles; 4) Implementation of Course Signals Early Warning Alert System; and 5) Implementation of Degree Works.

No action items were reported.

External Relations and Development:

Regent Whitehead presented the External Relations and Development report. A written report was also provided to the board. Regent Whitehead discussed the university's focus on the Capital Campaign and that over $5 million has been pledged thus far.

Regent Whitehead stated the University's Spring Gala would be held in April. Additional updates on the progress of the Capital campaign will be provided at that event.

Regent Whitehead updated the board regarding the activities of the Alumni Association. From over 24 alumni affiliate chapters, there are 624 annual memberships and 288 complimentary memberships provided to recent graduates.

Regent Whitehead reported that there were 335 newspaper articles and 71 television news stories featuring KSU. The majority of these were positive.

No action items were reported.

Audit Committee:

Regent Barfield presented the Audit Committee report. Regent Barfield advised the board that the Internal Audit firm, Troncconi and Associates had completed a review of the Financial Aid area. The firm made some suggestions as to added controls particularly in the Title IV area. Also, a suggestion was made to better track student receivables as they relate to the Return to Title IV.

The Internal Auditor firm is currently reviewing the Land Grant area and will begin a review of Auxiliary Enterprises thereafter.

No action items were reported.

VII. Open Forum:

Dr. George Moore, President of the KSU National Alumni Association was granted an opportunity to address the board pursuant to the KSU Board Bylaws.