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Council on Postsecondary Education
KENTUCKY’S REGIONS TO BENEFIT FROM CPE’S $4.8 MILLION STEWARDSHIP INITIATIVE

Press Release Date:  Monday, July 10, 2006  
Contact Information:  Sue Patrick
502-573-1555 ext. 308
sue.Patrick@ky.gov
 


(FRANKFORT, Ky.) -- The Council on Postsecondary Education approved guidelines for the first state-funded Regional Stewardship Trust Fund in the country. The new program will expand the regional impact of the state’s six comprehensive universities through service and public engagement initiatives designed to meet the needs of their respective service areas.

The initiative is modeled after Northern Kentucky University’s nationally recognized program.

“We are very appreciative to the Governor and the Kentucky General Assembly for adopting our recommendation to establish this program on a statewide basis,” stated Tom Layzell, president of the Council. “It will allow our universities to be even more instrumental in stimulating Kentucky’s economic competitiveness in a global world and meeting educational, workforce, and community needs in their service regions,” he added.

The comprehensive universities--Eastern Kentucky University, Kentucky State University, Morehead State University, Murray State University, Northern Kentucky University and Western Kentucky University--will share $4.8 million over the next years in support of their stewardship activities.

In other business, the Council:

  • Heard a status report on the Council’s 2020 educational attainment projections. Council staff members are conducting campus visits and will bring a formal recommendation for Council action at the September meeting.
  • Heard that campus assessments for the statewide facilities study will be completed by mid-September and a final report will follow in December. The statewide assessment is one of a number of tools that the CPE and institutions will use to identify postsecondary capital needs and to make recommendations to the Governor and General Assembly as a part of the biennial budget process.

 

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Kentucky's postsecondary education system encompasses eight public institutions and the Kentucky Community and Technical College System, numerous independent institutions and Kentucky Adult Education. The system represents 235,083 students, 538,866 Kentucky alumni and 294,896 GED graduates. When Kentuckians earn postsecondary degrees, their skills improve and their wages go up; they are more likely to lead healthy lives and be engaged in their communities; and they build better futures for themselves and their families.



 

Last Updated 7/10/2006
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