These changes in student financial aid will mean that students who do not have good grades will lose student financial aid and will need to pay for their classes on their own before becoming re-eligible for student financial aid. The impact upon some KSU students will be significant and President Sias will meet with students in the near future to share these changes. The university will also provide extensive communication with all students to inform them of these changes.
As a Land Grant institution, KSU is required to match the amount of funds the federal government provides. The Council on Postsecondary Education (CPE) is seeking to hold $6 million KSU Land Grant match harmless in the state budget so that KSU will remain in federal compliance.
President Sias commented upon the 150th anniversary of the Morrill Act creating land grant institutions. She also shared a video presentation about the Morrill Act featuring various higher education leaders sharing their perspectives about the impact the Morrill Act has had upon their institutions. Dr. Sias was featured in this video.
Mr. Bill Wilson, Associate Vice President of Development, announced the 125^{th} Campaign's two Chairpersons, Mr. John Hall, former executive with Ashland, Inc. and former KSU President, Mr. Raymond Burse.
Mr. Wilson discussed the process of how regents could assist the Office of External Affairs with the cultivation of prospective donors during the campaign. Regents were also provided with a toolkit of information to support campaign fundraising efforts.
Mr. Wilson encouraged the regents to set a collective goal for the campaign.
Ms. Amye Bensenhaver, Assistant Attorney General, presented an overview of the Open Records and Open Meetings Act for the regents. Ms. Bensenhaver distributed her presentation and fielded questions from regents. The board thanked Ms. Bensenhaver for her informative presentation.
Ms. Lori Davis, General Counsel provided an overview of the applicable statutes affecting the board and its management of the university. Ms. Davis also reviewed the board bylaw provisions.