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Continuing Coverage: UVA's Strategic Investment Fund - NBC29 WVIR Charlottesville, VA News, Sports and Weather
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Continuing Coverage: UVA's Strategic Investment Fund - NBC29 WVIR Charlottesville, VA News, Sports and Weather

UVA, Dragas to Speak Before Joint Legislative Meeting on Fund

Updated:

Both UVA and former board of visitors member Helen Dragas have been invited to attend a joint legislative committee meeting to answer questions about UVA's Strategic Investment Fund.

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UVA Board of Visitors Address Controversial Fund at Retreat Video included

Updated: Aug 16, 2016 11:06 AM

The University of Virginia Board of Visitors created a special committee to review the fund and find a path forward during a retreat Monday.

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Council: UVA Board's Closed Meeting May Have Violated Law

File Image: UVA Board of Visitors File Image: UVA Board of Visitors
Updated: Aug 15, 2016 02:46 PM

State officials say the University of Virginia's Board of Visitors might have violated the Freedom of Information Act when it held a closed-door meeting to discuss a new investment fund.

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Legislators Again Demand Answers on UVA’s Strategic Investment Fund

Updated: Aug 08, 2016 04:14 PM

Lawmakers are again calling on UVA to turn over materials about the school's Strategic Investment Fund, asking UVA to explain how balances were transferred to create a $2.3 billion surplus. 

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Former UVA Board Member Questions Closed-Door Meeting

File Image: Former University of Virginia Rector Helen Dragas File Image: Former University of Virginia Rector Helen Dragas

A former member of the University of Virginia board of visitors is challenging the legality of a closed-door meeting at which members discussed the school's $2.3 billion Strategic Investment Fund.

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State Senators Demand Answers on UVA’s Reserve Fund

Updated: Jul 26, 2016 04:42 PM

State Senators Bill DeSteph and Chap Petersen are demanding more transparency from the University of Virginia after the revelation that the university has a multibillion dollar reserve fund.

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UVA Disputes Characterization of School's 'Slush Fund'

Updated: Jul 25, 2016 02:52 PM

The University of Virginia is disputing allegations that it sat on reserve funds for years as it raised tuition.

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UVA's Former Board Leader Critical of School's 'Slush Fund'

File Image: Helen Dragas File Image: Helen Dragas
Updated: Jul 22, 2016 04:24 PM

The former head of the University of Virginia's board is lambasting the school for maintaining a $2.3 billion "slush fund" to boost its prestige while failing to help students struggling to keep up with tuition increases.

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