Lawmakers Reviewing UVA's Strategic Investment Fund
Lawmakers Reviewing UVA's Strategic Investment Fund

State legislators are reviewing the University of Virginia's Strategic Investment Fund, which former UVA Rector Helen Dragas has labeled a "slush fund."

August 26th, 11:31 AM EDT
UVA Board of Visitors Address Controversial Fund at Retreat
UVA Board of Visitors Address Controversial Fund at Retreat

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

Monday, August 15th 2016, 5:03 PM EDT
UVA President Responds to Concerns about Strategic Investment Fund
UVA President Responds to Concerns about Strategic Investment Fund

University of Virginia President Teresa Sullivan responded to lawmakers' concerns about UVA's strategic investment fund on Friday. 

Saturday, August 13th 2016, 4:17 PM EDT
Legislators Again Demand Answers on UVA’s Strategic Investment Fund
Legislators Again Demand Answers on UVA’s Strategic Investment Fund

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. 

Monday, August 8th 2016, 2:52 PM EDT
Lawmakers Calling for Investigation into UVA Strategic Investment Fund
Lawmakers Calling for Investigation into UVA Strategic Investment Fund

Around a dozen Virginia lawmakers are insisting the University of Virginia turn over documents related to a large strategic investment fund.  

Tuesday, August 9th 2016, 4:31 PM EDT
Former UVA Board Member Questions Closed-Door Meeting
Former UVA Board Member Questions Closed-Door Meeting

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.

Saturday, August 6th 2016, 5:03 PM EDT
State Senators Demand Answers on UVA’s Reserve Fund
State Senators Demand Answers on UVA’s Reserve Fund

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.

Thursday, July 14th 2016, 4:42 PM EDT
UVA Disputes Characterization of School's 'Slush Fund'
UVA Disputes Characterization of School's 'Slush Fund'

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

Wednesday, July 13th 2016, 2:47 PM EDT
UVA's Former Board Leader Critical of School's 'Slush Fund'
UVA's Former Board Leader Critical of School's 'Slush Fund'

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.

Sunday, July 10th 2016, 4:21 PM EDT