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The sale of airport land has to be approved by the Federal Aviation Administration, which blocked the deal in April, citing numerous problems.
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The speaker was heckled and there were "Free Palestine" chants during his speech. Six students who took part were ID'd, and president Richard Corcoran said they must write an apology or take a civil discourse class.
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Corcoran's bonus was already laid out in a compensation package approved last year.
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New College of Florida president Richard Corcoran, who spoke against public funding for DEI programs, and Ameshia Cross, of the Education Trust, kept the discussion cordial despite the polarizing topic.
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The American Association of University Professors has placed sanctions on New College of Florida for "unacceptable conditions" for faculty. School officials call the announcement a "headline grab."
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The Florida Board of Governors approved New College of Florida's accountability plan, which lowered performance expectations.
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The state university system’s Board of Governors on Thursday gave Corcoran, who was tapped as interim president earlier this year, the final go-ahead for the presidential post.
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Richard Corcoran is in line for a potential confirmation in November. Final steps in leadership changes at the University of Florida and the University of West Florida are also slated.
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The five-year compensation package puts him on par with the state's highest-paid college president, at the University of Florida. UF has over 55,000 students. Less than 700 attend New College.
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New College of Florida lost double the amount of students this year compared to the past two years. Interim Provost Brad Thiessen wrote in a report to faculty it was "by far" the lowest retention rate the Sarasota school has seen.
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The Republican former state House speaker and Florida education commissioner has served as interim president since March.
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Dean of Students David Rancourt said the New College Board of Trustees is expected to make a decision on the president during an Oct. 3 meeting.