RESOLUTION REGARDING THE TUITION AND FEE SCHEDULE AND OPERATING BUDGET FOR 2002-2003

WHEREAS, the respective Boards of Trustees at state institutions of higher learning are empowered to determine the student fees; and

WHEREAS, the members of the Finance Committee of the Board of Trustees at Winthrop University have examined the fee structure at Winthrop University as well as fees at other institutions of higher learning in South Carolina; and

WHEREAS, the members of the Finance Committee of the Board of Trustees have examined the projected resources and projected commitments for 2002-2003; and

WHEREAS, the members of the Finance Committee recognize their fiduciary responsibility to ensure that the University's budget strikes a balance between actual resources and commitments;

THEREFORE, LET IT BE RESOLVED that the fee schedules for 2002-2003 proposed by the Finance Committee be adopted by the Board of Trustees; and

LET IT BE FURTHER RESOLVED that the operating budget as represented by the attached Allocation Status Report be adopted by the Board of Trustees.

June 7, 2002