The following matters generally require Board of Trustees approval and are typically handled by central administration:

• Acceptance of all testamentary gifts and all endowed gifts
• Establishment of all endowed chairs, professorships, lectureships, and scholarships
• Levying of student fees and tuition charges
• Review and approval of legislative requests for appropriations, annual budgets, and budget changes
• Approval of all loans, borrowing, and the issuance of bonds
• Review of long-range facilities plans
• Approval of new construction projects
• Approval of major long-range fund development plans
• Approval of contractual and major legal commitments

Note: This is not an exhaustive list of matters requiring Board approval. Other items such as those related to auditing and investment policies must also be approved by the Board.

For questions regarding any other Board matters, please contact the Board Liaison.