At its regular meeting on Thursday, July 11, the University of Southern Indiana Board of Trustees approved a $130.3 million annual operating budget for the 2024-25 fiscal year. University income is derived from two primary sources, tuition and fee revenues and state appropriations. In addition, the Board approved miscellaneous fees and reviewed the schedule of student fees and other mandatory fees for 2024-25.
The Board also named Trustee Christina Ryan to Chair the USI Presidential Search to select USI’s fifth president, set to begin this Fall. Ryan also serves as First Vice Chair of the Board.
In additional business, the Board of Trustees approved the disbursement of financial aid awards for the 2024-25 academic year and received an update on current campus construction projects.
