HATTIESBURG, MS (WDAM) - The president of The University of Southern Mississippi says he is giving a recent pay raise he received to a new scholarship fund.
In an email to Southern Miss faculty and staff, Dr. Rodney Bennett wrote he learned of two new developments after the Board of Trustees of the State Institutions of Higher Learning (IHL) meeting in June.
According to the email, the board increased Dr. Bennett's base salary, providing him with a $72,630 raise, to "be consistent with the base salaries of the institutional executive officers at the other research universities in the system."
In the email, Dr. Bennett wrote:
Dr. Bennett said he will use the salary increase to endow a second scholarship through the USM Foundation.
The college board also extended Dr. Bennett's employment by adding two years to his existing contract, which will go through June 30, 2021.
"I will continue to do all that I can to move The University of Southern Mississippi and each of us forward," wrote Dr. Bennett.