LOUISVILLE, Ky. — The University of Louisville Board of Trustees today approved a program that expands the university’s tuition discount for active-duty military to include reserve components of the military.
The $250 per-credit-hour military tuition rate reflects a discount of about $80 per credit hour. The program will go into effect for the spring 2012 semester for undergraduate and graduate courses.
The trustees also approved creation of a Ph.D. program in justice administration and a Center for Mental Health Disparities. The center will be part of the psychological and brain sciences department and will develop and support research projects, training, community outreach and service to address mental health disparities among historically underserved families in the community.
During the meeting, board members were given an overview of audited financial statements for the UofL Research Foundation and University of Louisville Medical School Fund for the year that ended June 30.
The report for the foundation showed net assets of $140 million, an increase of $17 million over the previous year. Research awards for the same period were $145.6 million, a decrease of $36.5 million from 2010.
The Medical School Fund took in $3.9 million and disbursed nearly $3.8 million to the university’s academic programs.
In other business, the trustees approved: