So far, we have answered these questions in text format further down this page. However, we know that sponsors and contractors require confirmation of all costs in the calculation table, so we have sent a request do my excel project to the https://essays-panda.com/do-my-excel-exercises-for-me, and will soon post all financial calculations and forecasts of future income and expenses.

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Today, state appropriations begin once the campus is established and students are enrolled. Primarily, state funds are spent on instruction and operating costs for the university.

An example we can use for comparison is the University of Arizona-South campus in Sierra Vista. The campus opened in 1993, but the first state-built facility was not constructed until 2001.





The Sierra Vista community raised just over one million dollars in donations to build the first building on the UA-South campus. We estimate that we will need that much, and more. Private donations are one source.

However we are also pursuing other sources not explored by Sierra Vista, including private corporations that invest in and build college campus facilities, usually on a lease-buyback arrangement. Endowments, grants, and revenue bonds are also sources the HFHE will explore.

Right now, we need funds for operating costs. As we move ahead with our project, we will also need dollars to acquire land, conduct the required assessment studies, and design the campus.





The procedure for approving an NAU branch campus includes the following steps:

• Agreement with NAU to pursue the project

• Proposal presented to Arizona Board of Regents (with NAU recommendation)

• ABOR approval

• State legislature approval

We have had positive discussions with NAU President John Haeger and are preparing the proposal for ABOR review. This second step will be completed by August 1. We anticipate that ABOR and State legislative approval could take one or two years. On the other hand, it could be less. The Regents may put our proposal on the agenda separate from the overall university restructuring project, or they may elect to include it as part of the year-long feasibility study.

Regardless of which path the ABOR follows, the HFHE is committed to bringing a 4-year college to Lake Havasu City and will continue to pursue all options, including a private institution.





Historically, in communities across the country, the presence of a four-year college has a positive effect on both the quality of and the support for K-12 schools. We anticipate that the same will be true in Lake Havasu.

Lake Havasu School District Superintendent Gail Malay and School Board President Jo Navaretta are members of the HFHE Board of Directors. The HFHE will work closely with the school district and the K-12 Foundation to coordinate fundraising and promote our mutual goals.





Four-year universities and community colleges meet different educational needs and are compatible institutions in each community where they co-exist. An example is Coconino Community College which is just down the street from NAU in Flagstaff. Similarly, we see that the largest community college system in Arizona is in Maricopa County where we have Arizona State University.

A community college and university each fulfills a role in providing higher education. MCC has recently moved in the direction of providing more vocational programs that answer the current need for skilled labor in construction and health related fields, for example.

HFHE's goal in establishing a four year institution in Lake Havasu is to build and strengthen opportunities for citizens in Mohave County to earn bachelor's and master's degrees that make them employable by the businesses the city and the county hope to attract.





The HFHE is also looking at private college options. The easiest method of bringing a four year private college to Lake Havasu City is to buy an established institution. Just as businesses move plants from one state or town to another, colleges (which are businesses also) can move.

The HFHE believes that all options must be considered and is, therefore, not "putting all our eggs in the NAU basket."





The HFHE Executive Director is Susan Youngdahl. She can be reached at 505-2757 or at .

HFHE Board members are also available, individually or as a group, to answer questions. Please contact us for further information, or if you have any questions.

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