Category: WSU Financial Watch: Updates

University hosts first forum in strategic planning series

On Monday, Feb. 12, the university hosted an open forum on strategic planning. A campus-wide email from the Communications department was sent out in anticipation of the event. The event is part of a series of forums related to the strategic planning process, dubbed “The Wright Path to 2025: Pride, Transformation, Potential.” Through this series,...

Wright State develops steering committee for strategic planning

Last month the university officially announced that it had formed a complete steering committee which is intended to “guide [the university’s] planning process as [it] develops a new strategic plan for Wright State University, according to a campus-wide email. The committee consists of 33 individuals from Wright State including students, alumni, employees and leaders of...

Faculty hold demonstration at university forum

On Wednesday, Jan. 24, Wright State held a public forum to discuss issues including the university’s fiscal health, the FY18 budget, future financial projections and fiscal watch. The forum, known as “Let’s Talk” is an initiative started by University President Cheryl Schrader that is intended to create an open public dialogue and to provide the...

WSU settles $2 million in student aid case

Wright State University settled almost $2 million with the U.S. Department of education going back to a 2015 incident regarding federal student financial aid. An audit revealed the agreement happened in the beginning of November and regarded the school years from 2013 to 2015 when the university could not show appropriate dispersal of federal funds....

Wright State might be able to avoid fiscal watch

Last week, the Wright State Communications department released an email statement regarding the university’s latest budget remediation efforts. The email insinuates that the university still has a chance to avoid fiscal watch, assuming that it meets its goals. The email, written by Walt Branson, Vice President for Finance and Operations, compared the university’s actual expenditures...

Administration looking to reduce faculty pay and benefits

University administration plans on looking at the possibility of reducing faculty pay and benefits as well as increasing teaching workloads, according to an online statement from Adrian Corbett, Chief Negotiator of the Wright State chapter of the American Association of University Professors (AAUP-WSU). As it currently stands, there is no official proposal for the next...