Finance (Budget/Tuition)

Troutts give $500,000 toward naming UNT fashion design program for Michael Faircloth
Archived

Thu, Jun 18, 2015 - 11:35am

Lisa Troutt and her husband, Kenny, have given $500,000 to University of North Texas College of Visual Arts and Design.

It’s the first major gift toward the school’s$2.5 million goal to name its fashion design program for alumnus Michael Faircloth.

“This generous donation will allow us to honor an esteemed alumnus, Dallas fashion designer Michael Faircloth, and provide support for our dynamic and enterprising fashion design program,” said Eric Ligon, interim dean of the College of Visual Arts and Design.

Lisa...

TWU, UNT funds upped
Archived

Mon, Jun 8, 2015 - 11:18am

Local universities will have more money for building maintenance in 2016, as long as Gov. Greg Abbott signs a bill allocating that money through the Higher Education Assistance Fund.

Next academic year, Texas Woman’s University will get $9.9 million from the fund, and the University of North Texas will get $25 million. In 2016-17, the amounts will be bumped up to $37.6 million for UNT and $14.8 million for TWU.

“In the second year of the biennium, our higher education allotment will go up by 50 percent, and that [amount] will continue for the next nine years,” Kevin Cruser, who oversees governmental relations for...

Lawmakers approve $3 billion in construction bonds for Texas colleges and universities
Archived

Mon, Jun 1, 2015 - 1:36pm

Lawmakers on Saturday approved and sent to the governor a bill that will authorize more than $3 billion in bonds for construction and renovation projects at 64 higher education campuses across the state.

Schools in North Texas are slated  to get a sizable chunk of the bond program. The improvements to be funded will be the first new projects approved by lawmakers since 2006.

“In a growing state with a priority for an educated workforce, the need for classroom, lab and other academic space is clear,” said Sen. Kel Seliger, R-Amarillo, sponsor of the measure.

Under the legislation, UT-Dallas will receive $...

UNT, TWU soon could have more construction
Archived

Thu, May 21, 2015 - 7:42am

Local university administrators are hopeful the state will help pay for new campus buildings, now that the Texas House and Senate have passed different versions of a bill to finance construction projects.

The University of North Texas and Texas Woman’s University would get new buildings financed by tuition revenue bonds if the measure passes. First, though, the House and Senate must work out the financial discrepancies between their respective versions of the bill and then get the governor to sign off. Both versions of the bill would give UNT $70 million for a new College of Visual Art and Design and give TWU nearly $38...

UNT closer to buying building
Archived

Thu, Apr 9, 2015 - 10:11am

The University of North Texas is one step closer to buying the 91,000-square-foot building that currently houses Sack & Save.

The Board of Regents authorized the university to complete the purchase for $6.25 million, and university officials expect the deal to go through in the next 90 days.

It is unclear at this point if Sack & Save’s lease will continue when the property is transferred, as final details of the negotiation are still being worked out, said Bob Brown, UNT’s vice president for finance and administration.

“If the property ends up being transferred to the university with the lease that’s...