Financial Administration
New Vice Chancellor Begins Duties Today
The former executive director of the Razorback Foundation began his role as the new vice chancellor for university advancement on Monday. Chris Wyrick said that his management style and work ethic are what make him most qualified for the position. …
Traveler Budget Projected to Be Short $72,000
The slowdown in print advertising revenue has arrived on the UA’s doorstep. The Arkansas Traveler, the UA’s student-run newspaper, is projected have a budget deficit of about $72,000 by the end of the fiscal year, a representative of student media …
Sequester Might Cut into UA Outreach, Research
The federal TRIO educational programs and research grants are on the list to lose money provided by the U.S. Congress for 2013. Congress made the official budget cuts on March 1, according to New York University. The TRIO programs are …
Razorback Fans Generate About $150 Million Annually
The UA athletics program generates more than $150 million annually for the Arkansas economy, according to a recent study released by the UA Center for Business and Economic Research The study, conducted during the 2011-12 academic year, shows football as …
Officials Continue to Fix Budget Shortfall
UA officials are continuing to correct the problem that occurred with the Division of University Advancement’s budget and Chancellor G. David Gearhart has not approved a proposed policy, they said. Gearhart has announced that he will not approve a reinvestment …
UA Mismanages $3.1 Million
Two UA staff members have been reassigned after the Chancellor G. David Gearhart released a statement saying that $3.1 million of the Division of University Advancement’s budget had been misspent. Officials within the department spent about $3.1 million more than …
Professor to Launch New Engineering Scholarship Program
The National Science Foundation officials awarded a UA professor with $600,000 to launch a new engineering scholarship program. Professor Manuel Rossetti received a grant in August of this year to begin the Student Integrated Internship Research Experience program, or SIIRE. …
State Discusses Scholarship Changes
Changes could be coming to the Academic Challenge Scholarship, which is funded largely by the Arkansas Scholarship Lottery, because of a shortage of funds, officials said. The Arkansas Scholarship Lottery provides Arkansas students with scholarships for two- and four-years schools …
Students Use Refund Money For Luxuries
From iPads to scooter payments, students are covering more than just tuition with their student loan checks. Students who receive financial aid that cover their tuition and fees receive a refund check that covers “cost of attendance,” said Phillip Blevins, …
RazorRewards Revamps Incentive Program
The UA’s RazorRewards program has expanded to include both students and fans this year, as well as a new social media component of the point system, officials said. Created last year by Associated Student Government in conjunction with the Razorback …
Students Pay More, State Pays Less
The UA amassed more than $86 million in student tuition and fees in the fall semester and is predicted to make more than $80 million this semester, officials said. “Tuition and fees go into the educational and general funding,” said …
Non-Resident Tuition Increases 32 Percent
Starting a new life is not always an easy thing, but Casandra Guarino was determined to do it; by herself. She is from Kansas City, Mo., and her main goal since she moved to Fayetteville has been to graduate from …
ASG Senators Approve $5,000 for Memorial Flag Pole
Associated Student Government senators voted to donate $5,000 to the building fund of a memorial flag pole that will replace the preexisting pole on Old Main Lawn. During the second reading of the memorial flag pole bill, an amendment was …
Student Loans Increase at UA and Nationally
UA students borrowed nearly $75 million in the last school year; nationally, college students borrowed more than $100 billion, according to school records and finaid.org. In June 2010 national student loan debt surpassed $800 billion, and so far the rate …
Arkansas Challenge Scholarships Increase in 2011
The overall number of recipients of the Arkansas Challenge Scholarship increased from fall 2010 to fall 2011, according to enrollment records. From fall 2010 to fall 2011 the traditional students, who are incoming freshmen, category increased from 1,820 to 3,295, …
