The James Madison University Board of Visitors met on Friday, June 6, 2014 at 1:30 p.m. in the Board Room of the JMU Festival Conference and Student Center.
The following is a summary of key areas of discussion at the board meeting:
- Received the president’s report from Mr. Jonathan Alger during which the board was told:
- U.S. House Historian Matt Wasniewski was the featured speaker at the May commencement exercises;
- Admissions yield continues to be strong for the fall 2014 semester;
- Governor Terry McAuliffe attended the ribbon cutting ceremony for the new Ice House facility downtown;
- JMU has been included in the Princeton Review’s Guide to 332 Green Colleges: 2014 Edition;
- The university has earned a silver level Governor’s Environmental Excellence Award for the East Campus Hillside Naturalization Project;
- A team of JMU students finished second at the College Wind Competition sponsored by the Department of Energy;
- JMU hosted American Wind Energy Association’s State Wind Energy Forum;
- JMU will host a meeting of the State Council of Higher Education of Virginia on September 15-16, 2014; and
- Many renovations and improvements are ongoing on campus.
The Board of Visitors took the following actions:
- Approved the minutes of the April 11, 2014 meeting;
- Approved revisions to the faculty handbook;
- Approved the creation of an independent scholars major;
- Approved a utility easement near the former WVPT building on Port Republic Road;
- Approved tuition and fees for the 2013 – 2014 academic year:
|
2013 - 14 |
2014 - 15 |
$ Change |
|
|
VIRGINIA STUDENT |
|||
|
Tuition & Fees |
$5,104 |
$5,406 |
$302 |
|
Comprehensive Fee |
$4,072 |
$4,256 |
$184 |
|
TOTAL COMMUTER COSTS |
$9,176 |
$9,662 |
$486 |
|
Room & Board |
$8,519 |
$8,828 |
$309 |
|
TOTAL ON-CAMPUS COSTS |
$17,695 |
$18,490 |
$795 |
|
2013 - 14 |
2014 - 15 |
$ Change |
|
|
NON-VIRGINIA STUDENT |
|||
|
Tuition & Fees |
$19,582 |
$20,266 |
$684 |
|
Comprehensive Fee |
$4,072 |
$4,256 |
$184 |
|
TOTAL COMMUTER COSTS |
$23,654 |
$24,522 |
$868 |
|
Room & Board |
$8,519 |
$8,828 |
$309 |
|
TOTAL ON-CAMPUS COSTS |
$32,173 |
$33,350 |
$1,177 |
|
2013 - 14 |
2014 - 15 |
$ Change |
|
|
GRADUATE (per credit hour) |
|||
|
Virginia |
$410 |
$434 |
$24 |
|
Non-Virginia |
$1,095 |
$1,135 |
$40 |
- Approved the 2014-2015 budget:
|
2013-14 |
2014-15 |
$ Change |
% Change |
|
|
Education & General |
257.9 |
275.2 |
17.3 |
6.7% |
|
Auxiliary Enterprises |
169.9 |
177.1 |
7.2 |
4.2% |
|
Financial Aid |
12.1 |
13.2 |
1.1 |
9.1% |
|
Sponsored Programs |
36.9 |
36.9 |
- |
0.0% |
|
Total Operating* |
$476.8 |
$502.4 |
$25.6 |
5.4% |
*Excludes ETF
- Elected board officers for the 2014 – 2015 term. Mr. Mike Thomas has been elected to serve as rector and Ms. Carly Fiorina has been elected to serve as the board’s vice-rector. Ms. Donna Harper, vice president for Access and Enrollment Management, will serve as secretary.
- Approved the following real estate purchases:
- 2868 South Main Street for $4.3 million.
