MSU battles $641,000 budget shortfall

The $641,000 budget shortfall in May presented administrators with a challenge to balance the budget for the 2018 fiscal year. Marilyn Fowlé, vice president of administration and finance, said she and other administrators predicted a $1.2 million decrease, but in the last nights of legislative … [Read more...]

University relies on donors for funding

The $ 100 million university budget when it comes right down to it it is built on three main sources and revenue: state appropriations, tuition and fees, and fits/ grants.Outside the annual budget, administrators also maintain an additional $70 million–the university's endowment, money that often … [Read more...]

More than $2.4 million in student fees allocated between 28 groups

Student Fee Allocations committee members allocated a total of $2,419,142 out of the $2,430,000 in estimated revenue, creating a surplus of $10,858 in the budget.The committee members agreed on the recommended budget for the 2017 fiscal year, beginning Sept. 1, 2016 and ending Aug. 31, 2017, at a … [Read more...]

Enrollment numbers increase for spring semester

SPRING ENROLLMENTOfficial reports confirmed Feb. 10 that enrollment increased by approximately 3 percent, the fourth consecutive semester of increases.Keith Lamb, vice president of student affairs and enrollment management, estimated this 3 percent increase. Although numbers increased from 5,574 … [Read more...]

Tuition drives university budget

Economic development | Enrollment | Budget | Nursing | Housing | International enrollment | Crime | Greek life When tuition and fees make up 42 percent of the university’s income, enrollment is key. However the university’s budget is more complicated than that. Income is primary derived from … [Read more...]

Outsourcing of staff avoided

In an effort to realize nearly $300,000 in budget cuts last spring, administrators considered outsourcing some campus services, including janitorial services and groundskeeping. While outsourcing would have meant a significant change gain in the budget, Kyle Owen, assistant vice president of … [Read more...]

Committee passes student fee budget

A committee of five faculty and staff advisors and six students met March 27 in the J.S. Bridwell Boardroom for the annual Student Fee Allocation Hearings. After presentations for 26 different organizations and events, committee members allocated $2,203,966, the estimated revenue for the 2016 fiscal … [Read more...]

Wellness Center pool to open April 6

A sure sign of spring and warmer weather, the aquatics area at the Wellness Center will open April 6. Joey Greenwood, director of the Wellness Center, said, “The horrible weather from the previous two weeks delayed the opening of the pool." Of the $55,000 used to operate the aquatics area, … [Read more...]