Meeting Time: 2:00 - 5:00 PM
Welcome and Introductory Comments
1. Strategic Plan Strategies and Tactics Follow-up
a. Improve fiscal transparency and understanding
i. Develop and implement full cost of attendance reporting standards and tools.
ii. Refine the Board's standard of affordability.
b. Coordinate and optimize financial aid
i. Evaluate, prioritize, and implement state student financial aid and sholarships.
ii. Streamline statewide HB144 affidavit process.
iii. Review and analyze the use of tuition waivers and identify opportunities for enhancing their efficacy.
iv. Evaluate the quality, effectiveness, and return on investment of existing scholarship and financial aid programs; identify opportunities for better coordination and improvement.
c. Increase completion of the Free Application for Federal Application for Federal Student Aid (FAFSA)
i. Partner with USBE to consider ways to increase FAFSA completion in high school. Develop and implement a statewide FAFSA strategy.
d. Ensure institutions maintain strong fiscal health and operations efficiency.
i. Create a standardized costs structure model to compare the cost of delivering credentials across USHE and other relevant institutions.
ii. Develop and implement a fiscal health assessment tool.
iii. Update capital facilities and funding policies and procedures to encourage efficient planning and request.
1. Utah State University - Nontraditional Agreement Vernal Campus
2. Salt Lake Community College - Nontraditional Arrangement
3. Revision to Policy R541, Management and Reporting of Institutional Investments
4. FY 2025 Performance Funding Model:
Adoption of Policy R522, Annual Performance Funding Determination
Approval of Institution FY 2025 One Year Performance Goals
1. 2023 General Legislative Session Budget Overview
2. Potential Revisions to Board Policies on Capital Facilities
3. Utah State University - Property Acquisition Bastian
4. Utah State University - Property Acquisition Blanding
5. University of Utah - 2023A Revenue Bond Results
6. Annual Space Utilization Report
7. FY 2022 Financial Ratio Report
8. FY 2022 Money Management Report
10. Key FY 2023 Dats and Deliverable Dates