for Employee Benefits Advisory Committee which is comprised of faculty and staff.
KYSU.Learn.com
Mrs. Logsdon gave an overview of KYSU.Learn.com which is an online professional development resource system that allows employees to take online courses to enhance their skills.
Vice President Lockridge gave an overview of the Perkins Loan Program at KSU after introducing Mr. Edward Samuels, Student Counselor for Perkins loans. Currently the university is not disbursing any new loans under the program. The cohort rate target is 15% by June 30 of each fiscal year. As of January 31st, the default rate was 25.9% representing twenty accounts of which all qualified for forbearance. The University will be reviewing the program to decide whether to exit the program or continue servicing the loans internally.
Motion for adjournment of the Finance and Business committee meeting was made by Regent Henry and seconded by Regent Banks. The meeting adjourned at 10:37am.
Submitted by: Approved by:
Anita Lockridge, Vice President for Finance and Business Affairs Lavaughn Henry, Chairperson
Lavaughn Henry, Chairperson Eingesand Business Affairs
Finance and Business Affairs
Committee
Approved with no corrections
Approved with corrections