All posts tagged "finances"

  • ULAA approves lease agreement
    Tensions mount over arena lease agreement

    By Shelby Brown– U of L athletics has agreed to pay an additional $2.4 million yearly to lease the KFC Yum! Center. The agreement will be reviewed and possibly approved by both the university’s board of trustees and...

    • Posted July 20, 2017
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  • Grawemeyer Hall, U of L
    U of L board chair: audit “report paints a disturbing picture”

    By Shelby Brown and Kyeland Jackson– An audit released June 8 found damning evidence against U of L’s foundation, revealing ULF overspent, hid transactions from its directors and tried hiding information from the media. The audit, anticipated...

    • Posted June 8, 2017
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  • computer, identity theft, w-2, cyber, crime
    U of L joins dozens of schools hacked in 2017

    By Kyeland Jackson — U of L wasn’t the only school hacked this year. Sixty-one schools and colleges have dealt with hacked tax information in 2017, according to Identity Theft Resource Center data. Hackers obtained U of...

    • Posted April 7, 2017
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  • Money graphic
    U of L seminar to teach students financial literacy

    By Jared Thomas– Students can learn about credit reports and budgeting in financial literacy seminars Jan. 25 and 26 in Ekstrom Library. The seminars will be run by Money Smart Week, a product of a partnership between...

    • Posted January 23, 2017
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  • Grawemeyer Hall U of L
    Audit unearths dysfunction and questionable financial deals between U of L, foundation

    By Kyeland Jackson — After 18 months of investigation, Kentucky Auditor Mike Harmon’s audit found questionable practices between the University of Louisville and the U of L Foundation, U of L’s endowment manager. Citing “serious weakness” in ULF’s...

    • Posted December 14, 2016
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  • financial aid
    Year of the tuition increase

    By Kyeland Jackson — Students at the University of Louisville will see less green than usual this year. U of L’s tumultuous summer brought more than just James Ramsey’s resignation. In response to Governor Matt Bevin’s two...

    • Posted September 12, 2016
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  • The Louisville Cardinal News
    U of L saves $90 million by restructuring debt

    By Kyeland Jackson — U of L saved $90 million recently by restructuring its debt. The university’s current debt is around $251 million. Revenue from Jim Patterson Stadium, the Home of the Innocents and the Health Sciences...

    • Posted June 1, 2016
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  • Grawemeyer Hall U of L
    U of L Foundation receives negative debt rating

    By Kyeland Jackson — Moody’s, a debt rating service, has changed the U of L Foundation’s rating from “stable” to “negative,” according to a statement released by the group May 23 and a report by the Courier-Journal. The rating...

    • Posted May 27, 2016
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  • The Louisville Cardinal News
    Staff being paid less than national average

    By Kyeland Jackson — According to a recent staff market pay survey, U of L staff are being paid 10 percent less than the base market pay. Executive Director of Human Resources Jeanell Hughes presented the results,...

    • Posted May 10, 2016
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  • The Louisville Cardinal News
    Brief: U of L investigation stalled by late reports

    By Kyeland Jackson — Kentucky State Auditor Mike Harmon reported U of L and the U of L Foundation are late in giving documents needed for his investigation. Originally reported by WDRB, Harmon cited documents that were...

    • Posted May 4, 2016
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