USI Board of Trustees approve annual budget, student fees

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At its regular meeting on Thursday, July 13, the University of Southern Indiana Board of Trustees approved a $127.3 million annual operating budget for the 2023-24 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 2023-24.

In additional business, the Board approved the disbursement of financial aid awards for the 2023-24 academic year and received an update on current campus construction projects.