Damphousse Resigns as Chancellor of Arkansas State University
Dr. Kelly Damphousse today announced his resignation as chancellor of Arkansas State University effective June 30, 2022 after completing five years of service to A-State. Texas State University in San Marcos, Texas, earlier announced Damphousse has been named as the sole finalist to replace Dr. Denise Trauth as president on July 1, 2022.
ASU System Trustees Approve Henderson State Financial Exigency Process
The Arkansas State University System Board of Trustees today approved Henderson State University’s request to certify financial exigency and proceed with efforts to build a sustainable academic program and financial model for the future.
ASU-Beebe Searcy Campus, ASU-Mountain Home Receive Grants for Robotics, Marine Manufacturing Training
Gov. Asa Hutchinson awarded $8 million in grants to economic and workforce development partnerships to create training opportunities for in-demand skills and certifications, including programs at Arkansas State University-Beebe and ASU-Mountain Home.
Moody’s Assigns A1 Rating to Bonds for ASU System, Cites Financial Improvement at Henderson State
Moody’s Investor Services assigned an A1 rating for $42.2 million in bonds for Henderson State University and $24.4 million in bonds for Arkansas State University that will be refinanced to generate cost savings for the institutions. Moody’s also issued a “stable outlook” for the ASU System that reflects “gradual recovery at Henderson, including improvement in financial performance and liquidity.”
Trustees Approve Bond Refinancing Plans for Arkansas State, Henderson State
The Arkansas State University System Board of Trustees today approved the refunding and issuance of bonds for Henderson State University and Arkansas State University as cost-saving measures.
Gov. Hutchinson Appoints A-State Alumnus Price Gardner to Second Term on ASU System Board
Gov. Asa Hutchinson has appointed Price Gardner of Little Rock, a 1984 graduate of Arkansas State University, to a second term on the ASU System Board of Trustees. Gardner, who is managing partner of Friday Eldredge & Clark LLP, the state’s largest law firm, was first appointed to a five-year term by Hutchinson in 2017 and served as chair of the ASU System Board in 2021. His reappointment is for a seven-year term – as specified by Act 18 of 2021 as part of the board’s expansion to seven members – and expires in January 2029. He is serving as vice chair of the board.
ASU-Newport Selected to Join Nationwide IEBC Caring Campus Initiative
Arkansas State University-Newport is one of eight community colleges across the United States selected to participate in an initiative to improve and better prioritize student experience and relationships.
Grants, Private Gifts Reach $575,000 as Development Continues for Red Wolf Conservation & Research Center in Jonesboro
Progress toward development of the American Red Wolf Conservation & Research Center (ARWCRC) at Craighead Forest Park in Jonesboro continues with investments of $575,000 to support the collaborative project led by Arkansas State University.
ASU System Trustees Honor Windgate Foundation for Largest Gift in A-State History
The Arkansas State University System Board of Trustees today voted to accept a $25 million challenge gift from the Windgate Foundation – the largest donation to Arkansas State University in history – for a new facility that will be designated the Windgate Hall of Art and Innovation and the accompanying Art and Innovation District.
Windgate Foundation's Historic $25 Million Challenge Gift Supports Art, Innovation Initiatives for A-State
Chancellor Kelly Damphousse announced the largest financial contribution in the history of Arkansas State University today as the Windgate Foundation pledged a $25 million challenge gift toward construction and maintenance of a new building on campus.
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