At its regular meeting on Thursday, July 14, the University of Southern Indiana Board of Trustees approved a $119 million annual operating budget for the 2022-23 fiscal year.
University income is derived from two primary sources, tuition and fee revenues and state appropriations.
The Board also approved miscellaneous fees and reviewed the schedule of student fees and other mandatory fees for 2022-23. In additional business, the Board of Trustees approved the disbursement of financial aid awards for the 2022-23 academic year and received an update on current campus construction projects.Â