KENTUCKY STATE UNIVERSITY MANAGEMENT'S DISCUSSION AND ANALYSIS (CONTINUED) JUNE 30, 2024 (UNAUDITED)

On the residential side, the Bachelor of Science in Manufacturing Engineering Technology (MFG) has an enrollment of 29 students, the Master of Science in Biological and Agricultural Engineering (MSBAE) has an initial cohort of 5, and the Bachelor of Science BAE program has 2 transfer students.

Phase III of the strategic new program offerings include developing and implementing workforce development areas in the Department of Health Sciences. The Master of Science in Sport Analytics was developed and submitted for SACSCOC approval effective December 2025. The remaining new program for SACSCOC review this cycle is the Master of Science in Public Health.

Three programs are under review at the Council for Post-Secondary Education including the Master of Science in Public Health, the Bachelor of Arts in Public Policy, and the Bachelor of Science in Aquatic Sciences. The bachelor programs under review by CPE do not require SACSCOC approval and will not require additional faculty employment. The remaining goal for the 2025-2026 year is to submit the Bachelor of Science in Health Sciences for CPE review and approval.

Due to the growth in enrollment in the School of Engineering and Technology, two of the three programs scheduled for closure (Bachelor of Science in Chemistry and Bachelor of Science in Mathematics) were reopened, providing needed content for engineering majors.

• Regional Stewardship – The University continues to meet economic and community needs through collaborative initiatives with businesses, community-based organizations, schools and other educational agencies, citizens, and local and state officials.
• Land Grant – The University continues to uphold its land-grant mission by offering innovative research opportunities aboard the Kentucky River Thoroughbred research vessel and through community-based extension services at the Rosenwald Center for Families and Children.
• Kentucky House Bill 1, enacted during the 2022 Regular Session of the Kentucky General Assembly, outlines the state's expenditure plan for the 2022–2024 biennium. The University received an appropriation of $28.7 million for fiscal year 2024. House Bill 1, Part II(1)(1)—the executive branch budget bill passed during the 2022 Regular Session—establishes a $683.5 million asset preservation pool funded through General Fund-supported bonds. The asset preservation pool supports individual preservation, renovation, and maintenance projects at Kentucky's public postsecondary institutions, including educational facilities, general infrastructure, and state-owned residential housing. The Council on Postsecondary Education is responsible for overseeing the allocation and use of funds from the asset preservation pool. The University has been allocated $8.0 million from the asset preservation pool for the fiscal year ending June 30, 2024. The University is required to provide a 15% match, or $1.2 million for the fiscal year ending June 30, 2024.

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