Daarel Burnette, Vice President of Finance and Administration for Grambling State University, vacated the position last Wednesday amid concerns of 2009 state audit revealed more than $2 million of mis-allocated funds used for stock purchase. The university did not disclose if Burnette, who served at GSU for two years, resigned or was fired. From the Shreveport [...]
Shay Olivarria is a motivational speaker and financial coach. She specializes in financial education for the 15 to 30 set. Her second book 10 Things College Students Need to Know About Money was published in May 2010. For more information about Shay or her work please visit www.BiggerThanYourBlock.com. When I thought about writing about the [...]
The Southern University School of Architecture may be in danger of shutting down, according to SU Chancellor Dr. Kofi Lomotey. . From the Times-Picayune: Lomotey said the Southern campus also faces the prospect of having to close its school of architecture next fall because of the dollar pinch. Campus spokesman Ed Pratt said the university [...]
The Reginald F. Lewis Foundation bequeathed a $1.5 million gift to Virginia State University last month, the largest single monetary pledge in the school’s history. On the outside, the gift to Lewis’ alma mater appeared to be an exercise in patience for the Trojan Community, but according to Dr. Mirta Martin, Dean of the newly-named [...]
Edward Waters College today announced a $2 million dollar pledge from the African Methodist Episcopal church to pay off outstanding debts at the school and to assist in funding the 2011 operating budget for the institution. The donation is double what the Church annually awards to the college. From the Florida Times-Union: “We’re giving him [...]
Misuse of purchasing cards and delinquent collections on accounts are the most glaring criticisms of Coppin State University in the release of an state auditor’s report earlier this week. But Coppin officials say that human and technological resources are being put into place to create greater oversight and accountability for the university’s financial well-being. Reports [...]
Paine College recently received a $10,000 donation from its National Alumni Association in support of the school being named the Tom Joyner Foundation’s “School of the Month” for July. From the release: The Tom Joyner Foundation Campaign for Paine College was kicked off with a $10,000 contribution from the Paine College National Alumni Association under [...]
Students at Alabama A&M University will see at least a $1,200 per-year increase in tuition beginning this fall, as the university’s Board of Trustees unanimously approved a 23 percent increase last month. Officials say the increase is necessary to avoid reductions in campus services and personnel, and still leaves AAMU’s expenses below those of other [...]
Grambling State University and state auditing officials are calling the inadvertent investment of more than $2 million in restricted institutional funds “administrative oversight,” and charges will not be filed against the institution for the action or resulting depreciation of the stocks, which were revealed in a recently-published 2009 audit report. Between 2002 and 2004, funds [...]
Delaware State University, in partnership with the Center for Educational Technology and Career Development at the Vietnam National University, has announced the opening of an MBA program at the institution. The 16-month program, which will be monitored and taught by Delaware State faculty, will cater to working students seeking managerial advancement. From the Dantri International [...]
