NACOGDOCHES, Texas - The Stephen F. Austin State University Board of Regents has approved an institutional budget for Fiscal Year 2014 totaling approximately $237.09 million, which includes a 3-percent merit pool for faculty and staff pay increases for the second consecutive year.
The planned allocations represent a 4-percent increase over last year's institutional budget. A $4.98 million capital plan also was approved by the board at its quarterly meeting Tuesday. The plan includes capital renewal, planned maintenance and renovation projects throughout campus.
Axe ’Em, Jacks!