June 2014 Board of Visitors Summary of Actions and Discussions
News
June 6, 2014
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 in the wind turbine category 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 2014 – 2015 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 COST | $9,176 | $9,662 | $486 |
| Room & Board | $8,519 | $8,828 | $309 |
| TOTAL ON-CAMPUS COST | $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 COST | $23,654 | $24,522 | $868 |
| Room & Board | $8,519 | $8,828 | $309 |
| TOTAL ON-CAMPUS COST | $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.
