Resolution Regarding Approval of a Standardized Tuition Discount Rate of 30%

WHEREAS, pursuant to S.C. Code Ann. §59–125–1, et. seq., the Board of Trustees of Winthrop University, established as a body corporate, possesses the authority to make decisions regarding the financial management and operational policies of Winthrop University;

WHEREAS, the Bylaws of the Winthrop University Board of Trustees empower the Board to authorize the collection and use of fees, ensuring the financial stability and operational efficacy of the University;

WHEREAS, the Winthrop University Board of Trustees has authorized the University to discount courses offered to unique populations for the betterment of the State;

WHEREAS, the University employs a cumbersome approval process to manually enter a variety of discounted tuition rates with tremendous risk of error and institutional inefficiency;

WHEREAS, the University has a strong desire to standardize such discounts at one consistent rate;

NOW, THEREFORE, BE IT RESOLVED that on December 17, 2024, in accordance with the authority vested by S.C. Code Ann. §59–125–1, et. seq., and the duties and responsibilities outlined in the Bylaws of the Winthrop University Board of Trustees, the Board hereby approves a Standardized Tuition Discount rate at 30% of published tuition pricing for all approved courses meeting the criteria for Discounted Tuition. 

BE IT FURTHER RESOLVED that The University will report annually to the Board of Trustees a list of courses that have been discounted in accordance with this resolution.

IT FURTHER RESOLVED, the Acting Secretary to the Board of Trustees shall certify that the Winthrop University Board of Trustees approved this resolution on the 17th Day of December 2024, in a special meeting. Such resolution shall be maintained and publicly posted by the Acting Secretary of the Board in a time and manner as required by law.