August 9, 2022
As of July 31, 2022, the expected annualized future salary savings for vacated positions is $7,038,548 plus $1,970,793 in estimated fringe benefits.
July 7, 2022
Governor Hutchinson, Secretary Key express confidence, support for Henderson's future
Arkansas Gov. Asa Hutchinson and Secretary of Education Johnny Key today expressed confidence and support for Henderson State University’s academic reorganization, partnerships and future that will lead to improved student success in Arkansas.
“Henderson leadership has worked hard to right the ship,” Hutchinson said at a news conference at the State Capitol. “Tough decisions have been made that were not easy and were painful, but necessary for survival of Henderson. We all want to see Henderson succeed.”
The governor said he was grateful to the Arkansas State University System and President Chuck Welch for “stepping up” to support Henderson, which became a member of the system in 2021, and that he wanted to “showcase Henderson and its purpose.”
“Henderson’s singular focus is student success, making college more affordable and developing pathways from kindergarten to college,” Hutchinson said. “I’m proud of the transition and pivot. Survival was a real issue in the past, and Arkansas would be less if it didn’t have Henderson.”
June 17, 2022
Furloughs will end July 1. This change will be effective with July 15 paychecks. We are projected to end the fiscal year with $3.7-$5 million in cash, which will support summer payroll and help the university transition into the fall semester.
May 5, 2022
The Arkansas State University System Board of Trustees voted unanimously to approve the chancellor's financial exigency recommendations today.
May 2, 2022
The Arkansas State University System Board of Trustees will consider financial exigency recommendations prepared by the Chancellor and the Financial Exigency Committee on Thursday, May 5 at 10 a.m. Connection information will be available at asusystem.edu in advance of the meeting.
April 20, 2022
Dear Members of the Campus Community,
As we work toward next steps of our financial exigency process, I am sharing an overview of our progress and challenges, further defining decision-making metrics and tools, and providing a timeline of actions needed to build a sustainable, student success-driven model for Henderson State University.
As communicated in the Academic Performance and Program Viability document, decisions concerning academic programs will be based on four primary metrics:
- Net cost basis of delivery and overall net revenue production
- Unit-based cost of instruction defined at the seat level
- Student success rates with weighted priority for degree completion
- Alignment to community-based needs and 21st century durable skills
Today, I want to provide access to dashboards and additional context for the first three metrics that are being utilized to evaluate academic programs in the financial exigency process.
Letter to Faculty Senate (February 9, 2022)