Sunday, June 3, 2012

Winston-Salem State University student fee hike could pay for Bowman Gray Stadium purchase

WILLIAM "BILL" HAYES
DIRECTOR OF ATHLETICS
WINSTON-SALEM STATE UNIVERSITY
WINSTON-SALEM, North Carolina - Winston-Salem State University has officially made an offer to buy Bowman Gray Stadium, but the school is considering raising student fees 5 percent in order to do that.

The City of Winston-Salem has valued the 17,000-seat stadium at $10 million. WSSU officials said the student fee increase would raise $7.5 million over the next 20 years.

The increase would add another $110 to the bill of full-time students, raising total student fees to $2,100 a year.

"We can't go to the state and say, 'Would you buy us a football stadium?' It has to come from auxiliary sources, and those sources have historically been student fees," said Owen Cooks with WSSU.

A bill that would authorize the stadium's purchase is currently heading through the General Assembly. If passed, a deal could be ready to be signed by the fall. The student fee increase would be implemented this fall as well.

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