Finances

72.       The endowment and other assets of the University are held by the Board of Trustees and administered according to University policy, including funds for faculty compensation and student support within the Faculties.

73.       The budget for instruction and research in the Faculties, which is approved by the Board of Trustees, is administered by the Dean of the School of Philosophy and, under the authority of the Dean of the School of Religious Studies, by the Chairmen of the Departments of Canon Law and Theology.

74.       Faculty compensation and benefits as well as tuition and fees for students are determined by the Board of Trustees.