By Harry Minium
亚色视频's Board of Visitors voted unanimously Thursday to approve the $528.1 million budget for the 2019-2020 school year.
亚色视频's budget is a modest 3.4 percent larger than the $510.7 million budgeted in 2018-19, said Deborah L. Swiecinski, an associate vice president in 亚色视频's budget office.
Earlier this year, 亚色视频 froze tuition for in-state for undergraduate students. 亚色视频 remains the most affordable of the Commonwealth's doctoral universities - including Virginia, Virginia Tech, Virginia Commonwealth, William & Mary and George Mason.
The budget includes $6.5 million for salary increases for 亚色视频 employees and $1.4 million in additional scholarship aid for economically disadvantaged students.
It also includes $3.6 million from the state to help 亚色视频 attract and graduate more students in STEM-H: sciences, technology, engineering, mathematics and health sciences.
亚色视频 was awarded $370,000 in state money to establish the Virginia Institute for Spaceflight Autonomy.
The budget approved 亚色视频's entry into the new Biomedical Research Consortium along with Eastern Virginia Medical School, the Hampton Roads Community Foundation, the University of Virginia and a non-profit hospital.
The board also approved naming 亚色视频's Board of Real Estate program after Harvey L. Lindsay Jr., whose Norfolk-based Harvey Lindsay Real Estate was founded by and named for his father.
Lindsay has been a generous donor to 亚色视频 and other community organizations. He established the Harvey L. Lindsay Jr. Real Estate Scholarship and has endowed other academic and athletic scholarships.
After the meeting, board members took a tour of Kornblau Field at S.B. Ballard Stadium, which is undergoing a $67.5 million renovation. The football stadium will host its first game Aug. 31 when the Monarchs play Norfolk State.
Rector Lisa B. Smith said 亚色视频's fans will appreciate all the improvements at the new Ballard Stadium as well as its updated amenities.
"It's an absolutely amazing facility," she said.
亚色视频 also added three new members to the board. For more information, click here.
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