Chancellor: Student center, research building top priorities
FAYETTEVILLE, Ark. (AP) — The chancellor of the University of Arkansas says two top priorities for the campus are construction of both a new student center and a research building to enable more faculty research.
Chancellor Joe Steinmetz said in an address Thursday that the student center, expected to cost up to $45 million, would include space for tutoring, mentoring and food services.
He says the project, along with others, will help improve upon a freshmen student-retention rate that’s already at an all-time high.
The university generated more than $13 million in new revenue this year and he says much of that went to faculty salary increases.
He says that, in turn, will foster broader faculty research projects.
Federal research expenditures for the university increased last year from about $46 million to $52 million.