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A
Good
morning
and
welcome
to
the
called
the
fifth
meeting
in
the
budget
review
subcommittee,
post-section
education
order
and
please
call
the
robe
I-
want
everybody
to
recognize
that
we're
still
in
session
back
and
forth.
So
we've
come
in
and
going
so.
Please
call
Bro.
A
Thank
you
for
your
time.
I
want
to
ask
you
to
if
you
don't
mind,
to
be
as
very
succinct
as
possible
with
your
presentation
and
if
you
don't
mind,
introduce
yourself,
then
I
ask
you
to
serious
I
almost
swear
again:
okay,.
C
Okay,
good
morning
my
name
is
Diana
Barber
I'm,
the
interim
executive
director
for
higher
education
assistance,
Authority
and
student
loan
corporation.
A
E
C
First
of
all,
I
want
to
thank
you
for
inviting
us
here
today
to
talk
about
our
programs.
We
appreciate
this
opportunity
and
please
feel
free
to
ask
me
questions
at
any
time
and
I'll
try
to
answer
your
questions
so
as
I
say:
Kentucky
higher
education,
assistance,
Authority
and
Kentucky
higher
education
student
loan
corporations
are
affiliated
organizations
and
we
call
them
Kia
and
kieslick.
Keeslick
was
established
by
the
general
assembly
in
1978.,
We,
Are,
A,
lender
a
servicer
and
a
holder
of
student
loans.
C
We
originally
started
out
with
the
federal
family,
education,
loan
program,
loans,
the
Legacy
Federal
loans
before
Direct
Loans
came
into
existence
and
since
we
could
make
no
longer
originate
new
felp
loans,
they're
called
Federal
family
education,
loan
program
loans
in
2010,
but
since
2010
Kia
kieslick
has
provided
financial
support
for
our
student
aid
programs
and
our
Outreach
equal
to
about
73
million
dollars
since
2010.
C
That's
about
six
million
dollars
per
year,
still
with
the
revenues
that
we
have
generated
over
the
years
since
the
loan
portfolio
is
dwindling
down,
since
you
can
make
no
no
more
loans.
With
that
we
have
started
a
state-based
loan
program
called
the
advantage
education
loan
program.
We
started
that
in
2011.
we
as
of
about
December
31st
of
2022.
We
have
202
million
dollars
in
outstanding
loans
and
we
continue
to
grow
that
loan
portfolio.
C
C
Our
in-school
rates
for
our
advantage,
education,
loan
programs
are
extremely
low
rates,
are
as
low
as
3.09
percent
for
in-school
rates
and
for
our
refinance
rates,
they're
as
low
as
4.49,
and
if
a
borrower
signs
up
on
autopay,
they
get
a
0.25
percent
interest
rate
reduction
and
we
do
have
lower
rates
for
our
in-state
loans.
We
call
them
Nexus
loans.
They
either
have
to
be
a
resident
of
Kentucky
attending
school
out
of
state
or
out
or
a
resident
or
non-resident
attending
school
within
the
state
of
Kentucky.
C
That
and
so
another
advantage
to
our
advantage
loan
loans
is
that
they
are
locally
serviced
and
originated
by
us
here
in
the
state
of
Kentucky.
So
we
give
we're
very
borrower,
Centric
and
borrower
friendly
we're
here
to
help
the
students
and
families
of
Kentucky
succeed,
offering
them
this
low-cost
option
to
finance
their
education.
C
C
As
of
December,
31st
of
2022
and
I
went
to
I
know
that
it's
something
in
the
news
recently
that
everybody
is
aware
of
is
the
Supreme
Court
decision
on
loan
forgiveness,
the
Biden
loan
forgiveness
program.
That
does
not
impact
our
loans
that
only
impacts
Direct
Loans,
our
felt
loans
are
not
impacted,
no
matter
what
decision
the
Supreme
Court
makes
one
way
or
the
other.
That
only
is
relevant
for
Direct
Loans
foreign
move
to
Kentucky
higher
education
assistance,
Authority,
the
sister
organization,
so
we
work
hand
in
hand
together.
Keyslick
is
the
lender.
C
Kia
is
the
guarantor,
so
under
the
old
felt
Legacy
felt
program,
Kia
is
considered
to
be
one
of
the
guarantee
agencies
they
ensure
all
of
the
loans
made
under
phelp.
So
if,
if
the
loan
defaults,
Kia
will
pay
a
claim
on
it
and
own
the
loan
and
collect
on
the
loan
attempt
to
rehabilitate
the
loan,
Kia
does
many
other
things.
Kia
is
also
responsible
for
administering
the
state-funded
grant
scholarship
programs.
That's
an
area
that
Becky
will
be
talking
about
later
she's.
C
The
director
of
our
State
financial
aid
programs,
Kia
also
administers
our
State
savings
plans.
We're
very
proud
of
our
KY
saves
program.
We've
been
growing
that
portfolio
over
the
years.
We
have
assets
under
management
equal
to
about
237
million
dollars,
and
we
also
administer
the
now
defunct
capped
program.
It's
still
in
existence,
but
it's
going
to
Sunset
as
of
2030..
It
only
has
assets
under
management
of
about
11
million
dollars,
but
they're
both
considered
to
be
529
plans
that
will
help
students
and
families
save
for
college.
While.
A
E
C
Sorry,
no,
it's
a
good
question,
though,
just
to
give
you
some
idea
of
how
the
he
and
kiesley
work
together
as
I,
say,
keys
League
makes
the
loan
holds
the
loan,
but
if,
for
some
reason
the
the
borrower
defaults,
then
they
file
a
claim
with
the
guarantee
agency
pays
the
claim
and
then
will
attempt
to
collect
on
a
loan,
bring
it
out
of
default,
bring
it
back
into
good
standing
and
rehabilitate
the
loan
and
that's
how
it
normally
would
have
worked
in
the
past,
but
then
with
covid
that
changed
everything,
at
least
for
the
time
being
so
we
received,
what's
called
a
dear
colleague
letter
that
told
us
that
no
more
collections
could
occur
on
our
defaulted
loan
portfolio,
then
they
they
separated
our
defaulted
loan
portfolio
into
two
populations.
C
Those
that
defaulted
prior
to
March
13th
of
2020
are
subject
to
the
Fresh
Start
initiative
and
those
that
defaulted
after
March
13th
of
2020
through
the
end
of
the
collections.
Pause
are
considered
in
a
population
too
and
they're
subject
to
special
mandatory
assignment
and
the
collections
pause
will
end.
C
It's
all
dependent
on
when
the
Supreme
Court
hands
down
down
their
decision.
Their
decision
is
expected
mid
to
late
June,
so
the
collections
pause
will
end
either
60
days
after
that
decision
or
the
end
of
June,
whichever
occurs
first,
but
just
for
reference,
we're
going
to
say
it
will
end
about
September
1st
of
this
year.
C
Sorry
yeah
the
Fresh
Start,
so
what
this
is
is
they
want
to
give
a
fresh
start
to
all
defaulted
borrowers,
which
is
a
great
idea
and
we're
all
in
favor
of
that.
So
that's
setting
their
interest
rates
to
zero,
we're
removing
the
default
trade
line
on
their
credit
report
so
that
there
don't
appear
to
be
in
default
anymore
on
their
credit
report
and
remove
collection
costs
so
so
far,
those
those
loans
which
are
subject
to
Fresh
Start.
We
still
have
them
in
our
portfolio.
The
borrower
has
to
opt
into
this.
C
The
defaulted
borrow
has
to
make
some
move
to
opt
into
this,
and
so
we
will
send
a
letter
to
all
the
borrowers,
letting
them
know
about
this,
and
if
they
want
to
do
that,
we
will
assist
them
in
that
and
if
they
do
opt
into
what
they
call
Fresh
Start,
then
the
we
subrogate
them
to
the
U.S
Department
of
Education
and
they
send
them
to
a
third
party
servicer
such
as
Nelnet
or
Maximus.
So
they
will
be
taken
out
of
our
portfolio
and
just
as
an
editorial
comment,
we
we've
already
can
help
these
borrowers.
C
A
That's
the
pop
one,
loons
okay
and
just
another
quick
question:
does
this
help
the
universities
in
college
with
their
default
rate
as
well
or
not.
C
Okay,
so,
as
you
can
see,
with
Kia's
defaulted
portfolio,
we
have
a
lot
of
the
ones
in
population,
one
which
would
be
subject
to
Fresh
Start.
We
have
a
lot
of
loans
in
population
two
subject
to
special
mandatory
assignment
and
those
definitely
will
be
leaving
our
portfolio.
It's
not
like
the
borough
has
to
opt
into
it,
we're
going
to
lose
all
those
loans
which
is
kind
of
unfortunate,
because
those
are
the
most
recently
defaulted
loans
and
those
are
the
loans
which
is
most
easily
were
able
to
help
the
borrower
come
out
of
default.
C
To
talk
a
little
bit
more
about
special
mandatory
assignment,
we
will
have
to
transfer
about
160
million
dollars.
That's
the
estimate,
as
of
December
of
2022,
but
we'll
know
exactly
what
that's
going
to
be
when
that
end
date
occurs
and
I
talked
a
little
bit
about
fresh
start
and
I've
already
discussed
these
things.
C
So
we
don't
know
how
many
of
these
loans
will
actually
go
to
the
department
and
or
not
again,
that's
a
variable,
which
is
dependent
on
the
choice
of
the
borrower
and
again
to
talk
about
the
federal
student
loan
forgiveness
a
little
bit
again.
That
only
applies
to
Direct
Loans
doesn't
apply
to
arrows,
but
I'll
just
discuss
this
a
little
bit
you,
as
you
all
heard
there
was
legal
challenges
at
the
U.S
Supreme
Court.
C
It
appeared
if
you
listen
to
the
oral
arguments
that
the
substance
of
their
arguments
was
up
would
be
upheld
by
the
majority
of
the
justices,
but
they
did
have
some
questions
as
to
standing
whether
the
plaintiffs,
the
Attorneys
General,
had
standing
to
bring
this
lawsuit
on
behalf
of
mahila,
for
instance,
so
it'll
be
interesting
to
see
what
that
decision
ultimately
comes
down
to,
and
the
forgiveness
is.
If
you
were
a
Pell
Grant
recipient,
you
would
get
up
to
twenty
thousand
dollars.
C
If
you
were
not
a
Pell
Grant
recipient,
you
would
get
ten
thousand
dollars
and
also
there
is
an
income
level.
If
you
made
more
than
125
as
a
single
filer,
more
than
250
000
as
a
joint
filer,
you
would
not
get
this
benefit
and
that's
about
Kia
keyslick
and
our
our
loan
portfolios.
And
if
you
have
any
questions,
I'll
be
happy
to
answer
them
for
you.
C
A
It
is
on
slide
number
10.
D
Early
this
morning,
so
so
for
KI,
so
for
Kia
we
are
able
to
generate
Revenue
by
collecting
on
loans
when
once
they've
defaulted,
and
so
this
pie
chart
represents
the
portfolio
that
is
eligible
during
the
pause.
The
defaulted
ones
were
not
able
to
collect
on,
but
what
this
pie
chart
is
saying
of
the
160
piece
they
are
going
to
take
back
to
the
Department
of
Ed,
so
we
will
not
have
those
available
to
collect
as
a
revenue
stream.
A
E
If,
if
I
might
go
through
some
slides,
that
I
would
very
much
like
to
come
back
to
the
recommendations
piece
if
that
would
be
all
right.
Okay,
I
think
I'd
like
to
start
today
talking
about
our
big
three
programs,
because
these
are
the
ones
where
we
spend
the
majority
of
the
money.
That's
lottery
funded,
and
this
is
with
our
College
Access
program,
grant
our
Kentucky
tuition
Grant.
E
The
key
scholarship,
of
course,
I
think
you
know
the
keys
is
the
most
well-known
program
we
have
with
the
students
earning
those
that
money
with
their
gpas
and
their
ACT
scores,
while
they're
still
in
high
school.
The
college
access
program
Grant
is
our
primary
need-based
Grant,
and
so
that
is
the
primary
form
of
state
aid
that
we
have
for
those
low-income
students,
so
that
was,
students
are
eligible
for
the
federal
Pell
Grant
they're
also
eligible
for
the
state
cap
Grant.
We
have
been
in
a
very
fortunate
position
with
the
lottery
revenues.
E
Over
the
last
few
years,
we've
been
able
to
increase
the
cap
Grant
so
that
this
year,
we're
able
to
provide
up
to
twenty
five
hundred
dollars
for
students
at
the
two-year
universities
or
two-year
colleges
and
fifty
three
hundred
dollars
as
a
maximum
for
students
at
the
four-year
colleges
and
then
a
Kentucky
tuition.
Grant
is
for
the
students
at
the
private
institutions
and
that's
a
tuition
Equalization
grant.
That
is
somewhat
limited
by
a
statutory
formula.
E
E
A
The
reason
I'm
asking
because
I
know
sometimes
Working
Families,
Mom
and
Dad,
both
working.
They
make
just
enough
that
the
child
doesn't
qualify
for
Pell
Grant,
so
it
really
knocks
them
out
of
a
lot
of
other
than
keys.
So
I
didn't
know.
If
there's
any
thoughts,
how
we
can
it's
your
middle
class
workers,
sure.
E
E
This
is
our
expenditures.
It
shows
last
year's.
It
also
shows
what
we
have
available
for
funding
this
year
and
I
can
share
that,
because
we
were
able
to
increase
that
cap
Grant
maximum
to
five
thousand
three
hundred
dollars,
even
though
the
enrollment
is,
you
know,
still
somewhat
down
from
the
pandemic
and
rebounding
from
that,
we
are
starting
to
see
rebounds
there.
So
as
of
just
last
week,
we
are
already
have
spent
164
million
of
that
165.
E
We've
also
been
very
fortunate
that
legislature
has
provided
excess,
Lottery
transfers
to
the
cap
and
ktg
programs
over
the
last
several
years.
So
this
just
gives
you
a
summary
of
all
of
those
transfers
and
what
that
has
meant
to
the
students
in
those
programs.
You
know
that
extra
53.9
million
dollars
makes
a
big
difference
when
we're
talking
about
all
of
this
money
going
to
the
poorest
families
in
Kentucky,
and
this
this
probably
shows
the
greatest
impact
for
those
low-income
students,
and
this
is
why
that
5300
is
so
important.
E
This
is
the
average
tuition
and
fees
those
the
bars
there
in
red
for
the
different
sectors.
So
if
that
research
University
that's
the
University
of
Kentucky
University
of
Louisville
and
of
course
the
Regionals
are
the
you
know,
the
six
comprehensive
universities
in
kctcs,
the
Pell
Grant
amount
is
in
Gray
there.
That's
68.95,
that's
the
maximum
pill
and
it's
important
to
remember
that.
Not
all
students
receive
the
maximum
Pell,
it's
kind
of
a
combination
of
your
income
and
your
enrollment
intensity
as
to
how
much
Pell
Grant
you
actually
receive.
E
But
we
like
to
throw
that
in
here
for
this
example
to
say,
if
they're
receiving
the
maximum
and
they
receive
the
maximum
cap
Grant,
we
have
pretty
much
covered
tuition
and
fees
for
everyone,
except
at
those
top
two
research,
universities,
and
so
that's.
That
is
a
great
place
for
us
to
be,
and
we
are
hoping
that
we
can
maintain
that
level
of
funding
moving
forward
for
those
families.
E
We
do
want
to
make
you
aware
of
some
changes
that
were
coming
that
will
impact
our
budget
request
as
we
go
into
next
fall.
There
are
changes
in
the
FAFSA.
You
may
have
heard
in
the
news
that
there
is
a
FAFSA
simplification
act
and,
of
course
the
FAFSA
is
the
primary
need-based
application
for
all
of
us
for
the
federal
and
state
aid
programs,
including
our
cap
in
Kentucky
tuition
Grant.
E
Some
of
the
changes
that
are
coming
and
this
will
start
this
fall
when
they
start
to
when
students
start
to
file
the
FAFSA
for
the
24
25
year
and
the
U.S
Department
of
Education
is
not
exactly
announced.
The
launch
date
on
that
it
looks
like
it
may
be,
pushed
to
January
instead
of
the
October
that
we're
used
to,
but
they're
going
to
replace
the
expected
family
contribution
with
a
student
aid
index
and
while
they're
doing
that,
they're
also
going
to
revise
the
federal
methodology.
E
So
we
have
been
watching
conversations
at
the
national
level
very
closely
with
the
impact
that
that
will
have,
and
what
we
are
seeing
is
the
general
Trend.
So
far
is
that
the
the
Sai
or
the
student
aid
index
will
allow
more
students
to
be
eligible
than
what
we
have
with
the
EFC,
and
so
we
are
expecting
an
increase
of
cap
eligible
students
and
that's
kind
of
the
bottom
line.
With
all
of
that,
you
know
there
are
many
Kia
programs
and
services
that
that
are
impacted
by
FAFSA
changes
as
well,
because
we
have
a
you
know.
E
We
have
a
huge
Outreach
area
and
they
do
a
lot
of
work
with
the
high
school
students
and
different
adult
student
populations,
and
so
we'll
be
getting
information
out
to
them
and,
of
course,
learning
how
the
new
process
works.
With
all
these
changes
and
different
things
that
students
and
families
have
to
do,
and
of
course
you
know
all
of
our
data
processes
are
going
to
have
to
be
updated
as
well.
So
I
just
wanted
to
make
you
aware
of
that,
because
that
will
that
will
impact
our
budget
request.
E
We
have
other
lottery
funded
programs
this
year
and
I
want
to
touch
on
some
of
those
briefly.
The
work
ready
scholarship,
that
is
as
a
relatively
new
programmer
in
the
sixth
year
of
administration,
for
work
ready
and
it
is
tied
to
the
top
five
high
demand,
Workforce
sectors
in
the
state
that
were
determined
by
the
workforce,
Innovation
board.
Now
that
was
from
2017
and
I
know,
we've
had
some
conversations
with
them
about.
E
You
know,
looking
at
those
top
five
to
see
where
we
are
at
this
point
in
time
to
see
if
changes
need
to
be
made.
But
of
these
five
that
are
listed
here,
we
start
to.
We
are
actually
seeing
the
most
interest
and
most
money
going
to
students
who
are
pursuing
programs
in
health
care
and
in
the
infinite
Information
Technology
sectors
so,
and
that
probably
doesn't
come
as
any
surprise,
because
those
are
two
very
popular
career
areas.
E
The
award
amount
for
the
work
ready
program
is
not
really
need
based
it's
last
dollar
in
so
we
base
the
tuition
amount
on
the
Conte,
the
community
college
system
right,
and
so
it's
whatever
the
number
of
students
hours,
the
students
enrolled,
multiplied
at
the
community
college
tuition
rate,
and
then
we
subtract
out
any
kind
of
federal
Pell,
Grant
State
cap
grants,
ktg
grants
or
Keys
monies
from
that,
and
if
there's
anything
left
over,
that
would
be
the
work
ready
need.
So
the
families
who
are
receiving
Work
Ready
are
your
middle
and
upper
income.
Families.
E
This
is
a
where
we
were
the
last
few
years
for
the
work,
ready
disbursements
just
to
show
you.
If
you
look
at
the
total
dispersed
on
that
column,
you'll
see
it
has
had
Healthy
Growth
each
year.
There
was
slower
growth
during
the
21
fiscal
year
and
that's
pretty
much
where
we
were
hitting
taking
the
hit
for
covid.
That
was
that
Academic
Year
so,
but
that
we
still
grew.
E
that
those
are
for
general
education
classes
and
all
of
our
Kentucky
high
school
students
can
qualify,
including
home
school
students.
They
do
have
to
meet
the
post-secondary
admissions
requirements
as
part
of
the
eligibility
to
receive
dual
credit
and
participate
in
dual
credit,
and
so
that
means
they're
also
earning
college
credit
hours,
while
they're
in
high
school.
The
scholarship
itself
will
cover
the
amount
that
the
that
the
institutions
charging
for
tuition
most
of
the
institutions
will
charge
the
full
amount
that
they're
allowed,
which
is
currently
50
percent
of
the
Community
College
rate.
E
So
that
would
definitely
be
a
recommendation
that
would
help
us
significantly
with
being
able
to
communicate
needs
of
the
program
and
to
have
a
solid
price
structure
for
the
universities
to
be
able
to
budget
with.
We
have
a
work
ready,
dual
credit
scholarship,
and
this
is
very
similar
to
the
other
program.
As
far
as
the
price
structure
is
considered
with
the
50
percent
with
the
budget.
This
program,
however,
is
open
to
students
in
grades
9
through
12,
and
provides
two
classes
to
students
each
year.
E
In
that
with
this
program,
though,
the
classes
that
the
students
have
to
take
are
part
of
Career
and
Technical
education
pathways
on
the
K-12
side.
So
this
is
more
of
those
Hands-On
types
of
learning
that
the
students
are
doing
and
those
pathways
are
open
to
a
variety
of
fields,
and
it's
really
a
good
opportunity
for
the
students
to
do
that,
because
it
lets
them
kind
of
try
on
different
career
approaches,
while
they're
in
high
school
before
they
get
to
college
and
there's
the
expenses
you
know
are
much
higher.
E
E
Two
other
programs
we
have
that
are
lottery
funded,
are
a
National
Guard
tuition
award
and
our
teacher
scholarship
I
won't
take
much
time
on
those
other
to
say
that
teacher
scholarship
is
something
that
was
unfunded
for
years.
We
we
do
have
one
million
dollar
of
Base
funding
in
the
program
this
year
and
next
year,
and
that
helps
us.
E
That
goes
for
teachers
who
are
pursuing
initial
certification,
there's
also
a
component
that
will
allow
us
to
assist
teachers
who
are
already
teaching
to
go
back
to
school
and
receive
credentials,
so
that
does
have
a
payback
component
to
it.
So
for
every
semester
that
they
receive
the
funds,
they're
expected
to
teach
at
least
a
semester
in
a
Kentucky
college
or
Kentucky
high
school
or
Elementary
School.
To
have
that
that
obligation
for
given
just
threat
to
round
out
our
slate
of
student
aid
programs
we
have.
These
are
the
programs
that
are
not
currently
lottery
funded.
E
The
ones
I
would
really
like
to
highlight
on
this
page,
for
you
is
the
early
childhood
development
scholarship.
That's
listed
at
the
top
that
scholarship
was
unfunded
several
years
ago
with
the
state
legislature
and
it
is
currently
being
funded
through
federal
dollars.
Those
dollars
are
set
to
expire
in
2024,
and
so
that
will
be
part
of
our
request
is
to
actually
replace
that
with
State
funding
and
re-establish
that
program.
It
is
a
program
for
students
who
are
actively
working
in
daycares
and
preschool
settings.
E
A
Okay
and
I
appreciate
what
you're
doing
and
I
I
filed
a
resolution
to
have
this
study
done
and
he
got
through
the
house
all
right,
but
I
think
it's
stuck
in
the
Senate
somewhere,
but
but
what
I'm
hoping
to
do
and
I
appreciate
everything
you
provided
here
today
and
I'm
sorry
but
I'm,
hoping
that
we
can
work
together
on
identifying
how
we
can
identify
some
areas
of
growth
and
and
what
else
we
can
do
I'm
really
interested
in.
Although
he
mentioned
some
of
that
about
helping
her
work.
A
Our
middle
class
folks
have
access
to
some
type
of
funding
if
possible,
because
I
think
that's
one
that
kind
of
gets
left
out,
Pell
Grants
they
should
have
enough
money
to
if
they
apply
and
to
get
through
it.
So
I'm,
just
personally
I'm,
just
interested
in
that,
but
I
hate
to
cut
you
off,
but
at
the
same
time
I've
got
to
get
back
and-
and
we
got
two
more
presenters-
that's
very,
very
volatile.
A
And
I
know:
you've
got
a
fantastic,
slideshow
and
I
appreciate
that
so
much
and
but
I'm
going
to
ask
you
too,
to
listen
and
I
I'll.
Try
not
talk
so
much
so
you
can
get
it
done
quickly.
So
I
apologize
for
that,
because
there
is
a
lot
of
very
good
information
here,
but
something
that
I'm
interested
in
after
I'll.
Ask
you
to
do
stuff.
Something
I'm
interested
in
is
your
asset
preservation.
Are
you
having
to
make
any
kind
of
adjustments
and
those
type
of
things?
A
So,
if
you
we'll
start
off
with,
if
you
introduce
yourself,
then
I'll
swear
it
again,
we'll
make
it
short.
Okay,
yes,.
G
A
G
G
You
and
thank
you
for
this
opportunity.
Our
president
could
not
be
with
us
today
and
so
you've
got
us
betting
cleanup,
so
I
hope
that.
D
G
G
Okay,
okay,
just
hit
the
highlights,
please.
Yes,
you
bet
so
opportunity
and
access.
This
has
been
a
very
important
part
of
the
mission
and
strategy
of
what
Western
Kentucky
University
and
is
really
a
component
of
Regional
Education
in
the
in
the
Commonwealth,
and
so
we
we
wanted
to
highlight
some
conversation
here
about
access
and
opportunity
that
93
of
our
incoming
class
received
institutional
scholarship
and
during
the
past
five
years,
scholarships
were
awarded
students
increased
by
18.5
million
dollars
about
a
36
percent
increase.
G
That
fund
has
surpassed
its
initial
goal
of
50
million
dollars
and
in
2021
we
announced
an
even
more
ambitious
goal
of
100
million
dollars,
but
today
the
opportunity
fund
has
grown
to
83
million
dollars,
resulting
in
a
creation
of
203
endowed
scholarships,
and
during
the
past
five
years,
we've
worked
to
help
prospective
students,
their
families
understand
the
difference
between
sticker
price
and
net
price.
The
amount
students
actually
pay.
After
discounting
scholarships
and
institutional
Aid,
the
average
Western
Kentucky
University
student
pays
12
625
dollars.
G
First
year
retention
rate
outlined
in
our
strategic
plan,
it's
evident
of
the
commitment
of
our
faculty
and
staff
to
provide
an
unparalleled
academic
experience
for
our
students
from
extraordinary
instruction
and
Hands-On
application
to
residential
life
campus
engagement.
More
last
month,
we
celebrated
extraordinary
record-breaking
fall
to
Spring
retention
achievements.
Overall,
85.1
percent
of
our
fall
undergraduate
degree
seeking
students
returned
in
the
spring,
which
has
been
the
highest
percentage
since
WKU
began
tracking
this
debt
in
2021
2010.
G
Excuse
me,
91.1
percent
of
our
first
time,
first-year
students
returned
representing
a
4.8
percent
increase
since
2017-2018
Academic
Year,
and
it's
the
highest
returning
percentage
for
this
population.
Since
we
began
tracking
this
information
in
2010,
our
underrepresented
minority
student
population
returned
at
a
rate
of
98
90.8,
an
increase
of
more
than
10
percentage
points
since
2017-2018
and
the
highest
overall
percentage
for
this
group
in
2011
since
2011..
G
In
our
first
time.
First
year,
students
who
participated
in
our
living
learning
communities.
This
is
a
Cooperative
educational
experience
between
academic
departments
and
living
conditions
in
the
residence
Halls
returned
at
a
rate
of
95.7
percent,
which
is
compared
to
89.6
for
all
of
our
other
residential
students,
not
in
our
living
learning
communities.
G
Our
continued
and
growing
investment
in
living
learning
communities
provided
students
with
immediate
access
to
faculty,
with
shared
academic
interests,
coupled
them
with
supportive
living
environments
and
opportunities
for
academic
and
social
engagement
outside
of
the
classroom.
We
see
a
direct
effect
of
these
investments
in
their
retentions
and
success.
The
remarkable
results
demonstrate
the
efficacy
of
our
commitment
to
the
comprehensive
approach
to
academic
and
social
integration
during
the
first
year.
H
H
Thank
you,
I'll
start
all
low
right.
I
want
you
to
miss
anything.
Okay,
all
right.
We
remain
committed
to
Growing
research
opportunities
for
undergraduate
and
graduate
students.
More
specifically
applied
research
is
a
critical
component
of
wku's
experience,
allowing
our
students
Hands-On
opportunities
to
apply
what
they
learn
in
the
classroom
in
a
real
world.
Setting
students
want
to
go
to
a
college
that
truly
prepares
them
and
equips
them
to
achieve
success.
H
Two
examples
for
the
fall
of
2022
include
our
disaster
science
operations
center.
We
cut
the
ribbon
in
October
for
that.
It's
a
terrific
example
and
supports
our
vision
to
provide
opportunities
for
our
young
people
to
engage
in
Hands-On
practical
experiences
that
connect
what
they
learn
in
in
classrooms
to
Real
World
experience
as
well.
H
Dsoc
is
the
only
of
its
kind
at
WKU
and
it
is
rooted
in
multiple
undergraduate
and
graduate
programs
in
the
Ogden
College
of
Science
and
Engineering,
while
serving
training
and
credentialing
students
in
various
college
and
programs
across
WKU.
H
We
also
celebrated
our
farm
to
campus
initiative
in
October
faculty
and
students
have
grown
vegetables
and
University
farms
for
at
the
University
farms
for
nearly
two
decades.
For
educational
and
research
purposes,
but
this
new
program
allows
the
entire
WKU
Campus
Community
to
enjoy
the
products
produced
at
the
farm
in
campus
restaurants,
for
the
first
time
between
30
and
50,
students
enrolled
in
agricultural
sustainability
and
will
participate
in
the
program
each
semester.
H
Additionally,
WKU
just
received
460
000
dollars
in
federal
funding
through
the
fund
to
improve
post-secondary
education
to
upgrade
instrumentation
and
equipment
in
five
research
centers
in
the
WKU
applied
research
and
Technology
Program.
Funding
like
this
is
critical
in
our
efforts
to
grow
applied
research
opportunities
which
remain
vital
in
our
Recruitment
and
Retention
efforts.
H
We
are
leading
the
charge
to
address
the
national
teacher
shortage
with
programs
like
the
WKU
educator
discount,
grow,
your
own
scholarship
game
changers
and
the
recent
Nelson
County
School
agreement,
our
College
of
Education
and
Behavioral
Sciences
has
established
an
agreement
with
more
than
15
District
Partners,
including
South
Central
Kentucky
Community
and
Technical
College,
Elizabethtown
Community
and
Technical
College,
and
several
school
districts
to
develop
the
WKU
grow.
Your
own
initiative.
H
These
programs
at
the
undergraduate
and
graduate
level
allow
District
participants
to
remain
employed
in
the
district
while
completing
necessary
initial
and
inviting
teacher
certification,
Advanced
I'm,
sorry,
teacher
certification
requirements
remotely
WKU
has
partnered
with
Nelson
County
schools
and
Elizabethtown
Community
and
Technical
College
to
develop
an
apprenticeship
model
that
will
begin
during
the
freshman
year
of
high
school.
Students
in
this
program
will
graduate
with
60
college
credits,
including
an
associate
degree
general
education
certificate
and
WKU
core
and
WKU
educational
clinical.
H
They
will
complete
the
remainder
of
their
WKU
undergraduate
educational
program,
while
still
employed
by
Nelson
County
within
the
next
two
years
and
then
immediately
enter
the
WKU
education
Masters
program.
Within
a
total
of
eight
years.
Wku
Alum
will
be
fully
certified
in
what
have
achieved
national
board
status,
guaranteeing
them
the
annual
stipend
available
to
Kentucky
Educators,
with
the
rank,
1
and
nbct
credentials.
H
H
H
I
also
want
to
thank
the
journal
assembly
for
increased
funding
to
the
Kentucky
Mesonet
with
the
additional
core
one
million
dollar
Appropriations.
We
have
been
able
to
replace
agent
infrastructure,
upgrading
sensors
and
invest
in
new
system
capability.
The
first
messinet
stations
were
installed
in
2006
and
since
then,
some
towers
and
related
stations
infrastructure
have
deteriorated.
H
H
We
are
testing
new
Next
Generation
sensors
to
replace
the
existing
sisters,
many
of
which
are
over
a
decade
old,
while
standard
weather
data
are
essential.
Many
applications
require
something
more
advanced
than
simple
tax
data
for
detecting
snow
or
ice,
identifying
fog,
modernity,
monitoring,
severe
weather
and
image
provides
information
that
no
other
sensor
can
replicate.
The
Mesonet
is
in
the
process
of
deploying
cameras
at
each
of
its
80
stations.
The
Mesonet
is
also
invested
in
automatic
snow
depth,
sensors
to
provide
real
time
snow
depth,
information
which
will
Aid
Emergency,
Management
and
transportation
preparation
in
response.
H
The
additional
funding
is
allowing
the
messinet
to
invest
more
strategically
in
the
dissemination
of
data,
communicating
the
information
and
products
to
the
user,
making
the
critical
decisions
the
messinet
is
comprised
of
80
stations
across
72
counties.
The
additional
budget
budgetary
increase
allows
for
continued
expansion
of
the
network
toward
a
goal
of
reaching
at
least
100
stations
within
the
next
several
years.
H
The
messenet
can
feel
spatial
gaps
in
networks
with
new
stations,
while
additional
sensors
will
be
added
to
the
many
current
sites
across
the
network
to
ensure
to
ensure
uniformity
in
sensing
Statewide,
especially
in
the
wake
of
the
December
2021
tornado
and
the
July
2022
flooding.
These
new
systems
and
upgrades
will
continue
to
contribute
to
safer,
more
resilient
and
a
more
prepared
Commonwealth
for
decades
to
come.
G
G
The
building
will
serve
the
students
by
providing
18
new
classrooms
student
support
spaces
offices
and
for
faculty
and
staff
through
flexible
classrooms,
new
technology
intentionally
designed
areas
for
team
projects,
spaces
designed
to
emulate
real-world
working
environments
and
more,
it
will
transform
the
way
we
teach
how
we
support
young
people
and
how
we
prepare
them
for
their
careers.
We've
engaged
in
architectural,
firm
and
construction
manager,
so
the
construction
for
this
facility
can
begin
can
begin
this
summer.
G
G
Unfortunately,
due
to
today's
cost
increases,
reducing
the
building
by
30
000
gross
square
feet
still
didn't
bear
the
construction
costs
that
we
had
hoped
for
and,
as
you
were,
Hearing
in
state
agencies.
Capital
Construction
costs
are
up
at
least
20
percent,
so
we're
continuing
to
look
for
efficiencies
that
will
build
a
building.
We
need
for
our
students
and
their
overall
success.
G
House
Bill
448
includes
agency
additional
agency
Bond
authorization,
which
will
give
us
the
flexibility
to
complete
this
project
and,
as
you
had
asked,
most
of
wku's
access
preservation
pool
will
go
toward
behind
the
scenes,
repairs
and
enhancements
to
academic
and
administrative
buildings
on
campus.
G
This
work
includes
steam
line,
repairs,
roof
Replacements
HVAC
systems
and
Generator
Replacements,
and
upgrades
to
enhance
the
energy
management
of
many
buildings
across
our
campus,
perhaps
most
notably
similar
to
the
work
we
recently
completed
on
the
Commons
at
the
helm
Library.
We
will
soon
begin
transforming
one
of
our
most
iconic
structures
on
the
our
Hill
Cherry
Hall
Henry
Harden
Cherry
Hall
is
a
historic
building,
as
you
see
in
this
picture
right
here,
originally
constructed
in
1937.
That
has
become
a
symbol
of
Western
Kentucky
University.
G
While
much
of
the
work
will
involve
necessary
behind
the
scenes,
improvements
such
as
repairs
and
upgrades,
we
will
also
transform
this
facility
into
a
gathering
place
for
our
Campus
Community,
that
promotes
engagement,
stimulates
learning.
We
will
preserve
the
integrity
and
honor
the
history
of
this
important
structure,
while
also
revitalizing
the
building
and
creating
learning
spaces,
including
collaborative
areas,
areas,
flexible
teaching,
spaces
and
adaptive
multi-purpose
areas
that
will
enhance
pedagogy
and
enable
Active,
Learning
and
problem-based
instruction.
G
A
Thank
you
very
much
for
your
presentation.
I
certainly
appreciate
that
and
I
apologize
to
both
of
you
all
for
having
to
cancel
the
last
time,
because
it
just
got
really
couldn't
find
a
room,
but
he
honestly
so
for
for
that.
I
do
want
to
make
a
couple
of
comments
and,
and
then
then
one
little
little
question.
First
of
all,
congratulations
on
your
retention
being
excellent.
That
is
so
valuable,
as
we
all
know
it
in
in
education
to
if
you
can
keep
them
it's
a
whole
lot
cheaper
than
it
is
to
recruit
new.
A
F
A
I
I
really
appreciate
what
you're
trying
to
do
with
a
teacher
shortage.
I
do
have
a
question.
You
talked
you
mentioned,
Nelson
County
on
that.
Are
you
identifying
the
subject
areas
or
is
it
open?
In
other
words,
are
you
identifying
them?
My
first
thought
goes
to
having
a
hard
time
finding
physics,
teachers
who
or
something
that
nature
or
or
just
any
any
teacher
that
you're
applying
these
to
Any.
G
A
And
teacher
okay,
well
I!
Thank
you
for
your
time
and
your
in
your
presentation.
I,
look
forward
to
working
with
you
doing
out
this
summer.
Look
for
information
coming
from
me
fairly
soon,
so
it
will
help
guide
our
process.
So
thank
you
very.
A
Dr
Morgan,
would
you
please
come
forward?
You
got
anybody
with
you.
A
Well,
she's
getting
yellow
stood
up.
Please
introduce
yourself.
I
I
A
Okay,
appreciate
it
very
much:
do
you
Solomon
smart,
tell
the
truth,
the
whole
truth
and
that's
about
the
truth,
I
do.
Thank
you
very
much.
Please
please,
proceeding
and
same
question
applies
for
you
about
the
asset.
A
I
Mr,
chairman
I'll,
be
very
quick.
First
of
all,
thank
you
for
your
interest
in
higher
education
and
also
your
support
over
the
years
you're,
an
MSU
graduate,
so
I'm
not
going
to
spend
a
whole
lot
of
time
here.
You
know
a
little
bit
about
our
campus,
so
I'll
move
forward
in
that
regard.
I
You
also
live
in
our
region,
and
you
know
the
certainly
the
the
issues,
sometimes
that
we
face
with
a
very
bifurcated
student
population,
some
who
are
able
to
afford
higher
education
and
some
who
come
from
very
distressed
counties
and
and
have
a
high
need
there.
So
I'll
skip
that
as
well.
You've
also
paid
our
tuition
as
a
graduate,
and
you
know
that
we
maintain
a
very
low
tuition
pattern.
Our
average
faculty
salaries
are
very
moderated
and,
as
you
can
see,
from
your
chairs
packet,
we
froze
tuition
and
housing
for
a
number
of
years.
I
You
also
live
in
our
service
region
and
work
in
higher
education
have
exposure
there.
So
you
know
that
the
state
performance
funding
formula,
sometimes
at
least
in
our
opinion-
could
use
some
adjustment
in
order
to
assist
students
who
are
in
high
poverty
region
such
as
ours
and
I'll.
Just
simply
make
note-
and
you
know
this
from
from
where
you
live
and
and
interact,
that
our
poverty
rate
among
students
causes
exceptional
challenges
and
our
students
could
use
additional
support.
I
Despite
all
that,
we
have
climbed
the
ranks
to
the
number
15
public
Regional
University
in
the
South
and
I
continue
to
make
strides
there
again
as
a
graduate
of
our
program.
You've
you've
kind
of
lived
in
the
program
world
at
MSU
and
really
appreciate
your
support
there.
Also,
our
craft
Academy
continues
to
grow
with
your
support
and
many
others
last
time
and
we'll
be
expanding
from
148
to
200
students.
I
This
fall
in
the
blue
simply
represents
the
counties
that
we
have
acceptances
from
and
you're
very
familiar
with
that
space
science
continues
to
be
a
very
strong
program
in
our
program
of
Distinction
and,
and
you
have
some
familiarity
with
that-
let
me
spend
just
a
minute
with
a
brief
overview
of
our
state,
ass
or
state
asset
preservation,
funding.
We're
very
appreciative
of
the
support
that
the
general
assembly
gave
to
that.
I
The
vast
majority
of
our
funds,
Mr
chairman,
were
invested
and
I
use
the
word
investment
because
it
was
investment
in
higher
education.
These
are
State
assets
and
we
won't
continue
to
maintain
those
assets
appropriately,
Rend
rooftops
HVAC
and
fire
alarms
and
life
safety,
and
that
particular
round
last
year,
at
17.6
million
exhibited
in
the
previous
slide,
really
went
to
a
grand
majority
to
replace
HVAC
equipment,
we're
currently
replacing
between
15
and
18
industrial
size,
HVAC
units.
These
are
25-year
Investments
of
State
assets
and
we
really
appreciate
those.
I
So
many
of
those
are
underway
at
the
current
status.
You
can
see
summer
and
planning
summer
and
engineering
design.
Some
are
currently
being
hoisted
on
our
campus
as
we
speak,
and
then
a
fair
number
of
them
at
the
bottom
have
been
completed.
So
all
in
all,
almost
18
HVAC
units
are
being
invested
into
our
campus
and
we
think
that
will
serve
it
well
for
the
next
25
years.
I
The
next
bucket
of
this
current
Year's
fund
was
invested
in
roof
and
fire
alarm
and
life
safety
projects.
Many
of
those
are
underway
or
completed
as
we
speak.
Five
new
roofs
we're
doing
some
work
to
our
water
treatment,
sediment
Basin,
fire
alarm
upgrades
and
a
few
other
little
small
things
there
that
needed
to
be
completed.
You're
familiar
with
some
of
those
buildings,
I
want
to
go
into
depth
there.
I
One
of
our
major
Renovations
with
is
with
Cooper
residential
hall
again
you're,
familiarity
with
our
campus
is,
is
positive
here,
200
bad
residential
hall
unit
that
we're
completely
renovating
it's
a
building
in
the
foreground,
hopefully
in
about
24
months
that
will
come
online
and
provide
students
from
our
region
and
outside
the
region.
A
very
nice
place
to
reside
our
one
large
project,
and
we
do
thank
you
much
like
our
other
sister
institutions
in
Kentucky
for
funding.
A
new
building
is
to
replace
Lapin
Hall,
which
is
our
science
building.
It
was
built
in
1937.
I
The
98
million
dollars
that
was
appropriated
to
Morehead
State
is
projected
to
build
about
140
000
square
foot,
new
building
to
replace
both
Lapin
Hall
and
Lloyd
Cassidy
Hall.
So
not
only
will
we
be
building
a
new
building.
Our
plans
are
to
bring
the
two
old
ones
down,
so
we
can
maintain
a
little
efficiency
in
square
footage.
Much
like
our
sisters.
We
are
seeing
some
cost
escalations
roughly
about
20
percent
on
new
construction
and
also
on
repairs
at
this
current
time.
I
Right
now
for
our
new
building,
we're
in
the
surveying,
utility
and
Architectural
bid
process,
I
think
the
architectural
bids
are
scheduled
to
go
out
in
the
next
week
or
so
so
as
that
move
forward
moves
forward,
we
anticipate
a
completion
window
of
about
four
years
and
then
once
the
new
building
is
built,
we'll
consolidate
all
the
programs
from
two
buildings
into
one
new
one.
Because
of
efficiency.
We
think
we
can
do
that.
I
It
will
house
about
90
faculty
members
in
a
variety
of
different
science
and
engineering
programs,
and
one
of
the
grand
pieces
here
is
we'll
no
longer
be
teaching
Science
and
Engineering
in
a
1937
building
has
served
us
well
and
you're
familiar
with
it,
but
we
think
it's
time
to
move
on
for
the
students
of
our
region.
So
with
that
Mr,
chairman
I,
hope
I
can
get
you
back
to
the
house
quickly
and
everyone
behind
me
to
lunch
early.
A
Thank
you,
Mr
President
I,
do
appreciate
you
coming
in,
and
and
and
sharing
your
information
and
yes,
I,
do
recall
much
of
what
you
put
up
there.
A
Brings
back
great
memories,
I
hope
I
was
a
good
student
at
the
time.
Well
at
least
I.
A
I
A
And
we
need
to
do
that.
If
it's
you
know,
if
there's
some
areas,
that's
not
working,
we
need
to
see
how
it
should
be
able
to
help
and
not
hurt,
but
at
the
same
time
give
you
a
goal
to
shoot
for
and
I
believe
that
will
that
will
occur.
But
I
will
tell
you
too,
that
look
forward
to
seeing
some
information
coming
out
at
some
point
in
time.
Don't
know
how
soon
but
I've
got
a
great
staff
here.