[1]CORRECTION: In (BP) story titled “Midwestern revises purpose statement to maintain Southern Baptist distinctives,” dated 4/23/98, please delete the third to the last paragraph, which begins “In other matters, trustees heard,” and substitute in the following paragraph:
In other matters, trustees heard a report of a balanced budget for the current year and approved a new budget of $4,257,718 with no significant changes other than a 2 percent increase in faculty salaries. A simplified fee structure will move from matriculation charges to tuition based on credit hours. Other business-related actions included approval of an auditor, a cash flow management policy, refinancing a campus housing mortgage and funding for capital funds staff.
Thanks,
Baptist Press