The Southern Arkansas University Board of Trustees approved Thursday the 2013-14 budgets for SAU and SAU Tech, and opted out of the concealed weapon legislation.
SAU’s approved budget includes a tuition and fee increase of 3.35 percent, while SAU Tech’s budget calls for a 10 percent tuition boost.
SAU President Dr. David Rankin presented a SAU system budget of more than $67 million with more than 500 employees serving more than 5,500 students.
“Budget preparations this year have been very challenging with the university facing additional costs of operations, combined with static state funding,” said Rankin. “However, I do not want to complain because many states have faced cuts in state funding. So we are fortunate. In fact, that was probably our best case scenario when we went to Little Rock that we would have no cut in state funding.”
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