Minutes
President's Cabinet Meeting
March 15, 2004
9:00 a.m.

Attendees:  President Ivory V. Nelson, Vice President Michael B. Hill, Vice President Howard E. Merlin, Vice President William B. Bynum, Vice President Grant D. Venerable, and Ms. Diane M. Brown.  Attending for portion of meeting: Mr. John Thompson.

The March 8, 2004 President's Cabinet Meeting minutes were approved.

Fiscal Affairs
Principals from Lincoln University are scheduled to meet with bond rating agencies March 31 and April 1 in relation to financing for the new 400-bed dormitory.  The administration intends to submit a final financing plan to the Lincoln University Board of Trustees for adoption at its April 2004 meeting.

Student Affairs
Compensation - 2004-05 SGA Executive Board Members
The Vice President for Student Affairs and Enrollment Management will institute new guidelines for the compensation for all SGA Executive Board members for the summer and the 2004-05 academic year.  The change is being implemented to reward academic accomplishment as the senior administration has done over the past four years.  Compensation will now be awarded on a graduated scale based cumulative grade point average

Admission Statistics for fall 2004 as of March 12, 2004
# of Undergraduate applications received for fall 2004 3013
# of Undergraduate applications received for fall 2003 3096

# of Undergraduate students admitted for fall 2004.   635
# of Undergraduate students admitted for fall 2003.   634

# of Graduate applications received for fall 2004..     44
# of Graduate applications received for fall 2003..     91

The Cabinet meeting was adjourned at 11:30 a.m.

Diane M. Brown
Assistant to the President



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