3 Things A Board Of Trustees Does

When it comes to understanding the ins and outs of how a university governs itself, it may be a little more complicated than you are aware. Among having a president, faculty, and students, there are other components of a university that help make it thrive. As one of the components that helps assist with legal and fiduciary duties, a board of trustees is something that is often not spoken about or even known by the students. To help you better understand how a board of trustees works, here is a brief article discussing three things that a board of trustees does to help a university thrive. Read on to learn more. 

1. Approves Annual Budget

When it comes to getting a good college education, money may be one of the first things that you, as a student, thinks about. After all, you need to be able to pay for it. But you may wonder who is in charge of tuition, fees, and admissions. The answer to that question? The board of trustees. By gathering together on a regular basis, one of the main responsibilities of the board of trustees is to make sure that everything at the university is properly paid for; the buildings, the faculty, the maintenance staff, etc. 

2. Establishes Policies

If you are attending a private university, you are going to have stricter policies in place than let's say, a public university. These policies are in place to ensure that the students match with the ideals and goals of the university. For instance, if the university is founded upon religious principles, then the students will need to go by these rules when attending the university. All of these policies are put in place by the board of trustees. If you as a student don't feel comfortable with any of these policies, then consult the board of trustees to see if they can make any changes. 

3. Advising the President

Just like with the United States government, universities are founded upon a system of checks and balances. However, instead of a senate or congress, a university has a board of trustees to help the president of the university make decisions. 

As a college student, the last thing you likely think about is how your university is being governed. However, as one of the most important components, it's nice to know exactly what a board of trustees does. To learn more, speak with someone like Katharine Hamilton.