KENTUCKY STATE UNIVERSITY Regular Meeting of the Board of Regents Business Affairs Committee April 21, 2016 1:00 p.m. Cooperative Extension Building Conference Room Frankfort, Kentucky

MINUTES *****

Regent David Guarnieri, in the absence of Regent LaVaughn Henry, Chairperson, called the meeting of the Business Affairs Committee of the Kentucky State University Board of Regents to order at 1:20 p.m. on April 21, 2016. Regent Guarnieri asked the secretary to call the roll:

LaVaughn Henry David Guarnieri Syamala Reddy Not Present Not Present Elaine Farris Present

A quorum was declared.

I. Approval of Minutes

Action: Motion to approve the minutes from the January 21, 2016 Business Affairs Committee was made by Regent Farris and seconded by Regent Bearden. The minutes were approved as submitted.

Regent Guarnieri recognized Mr. Rush to carry the discussion forward.

II. Vice President's Report

Enrollment Deposit

Vice President Rush stated the University will implement a non-refundable enrollment deposit up to $150 beginning with the Spring 2017 semester. He stated the collection of this deposit will allow the University to have a better indication of who will enroll each semester and will provide better data earlier in the enrollment process to facilitate planning. With the implementation of this deposit the application fee will be eliminated. Vice President Rush stated that this was a one-time fee that can't be waived. President Burse stated by the time this enrollment deposit goes into effect, the University will have the ability to collect it online. Regent Farris requested an update be given to the Board if the enrollment fee is less than the $150 that is recommended. President Burse stated the Board will have that information when the budget is adopted next year. Regent Bearden inquired about the number of people that are able to lift holds. President Burse stated that in order to maintain accountability in the system there are only two people able to lift holds.

[4]