Debt Management

Policy 109

Introduction

1.1 Appalachian State University (“Appalachian” or “University”) views its debt capacity as a limited resource that should be used, when appropriate, to help fund the capital investments necessary for the successful implementation of the University’s strategic vision to prepare its students to lead purposeful lives as engaged global citizens who understand their responsibilities in creating a sustainable future for all. The University recognizes the important role that debt- related strategies may play as it makes the necessary investments in its infrastructure in order to become and remain the destination institution for dedicated students seeking challenging academic programs, engaged faculty and a vibrant campus culture.

1.2 This Policy has been developed to assist the University’s efforts to manage its debt on a long-term, portfolio basis and in a manner consistent with the University’s stated policies, objectives and core values. Like other limited resources, the University’s debt capacity should be used and allocated strategically and equitably.

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