This is the announcement from the University of Cincinnati Board of Regents:
Statement by C. Francis Barrett, Chair, University of Cincinnati Board of Trustees: Stanley M. Chesley has resigned from the University of Cincinnati Board of Trustees, effective immediately. Accordingly, the special meeting of the Board of Trustees scheduled for Thursday, April 18, 2013 has been cancelled. The University is appreciative of Mr. Chesley’s many years of service.
The University of Cincinnati will reinstate and increase the funding to its Olympic sports scholarship programs. Starting this fall, the university says it will implement a plan to ultimately offer the full NCAA complement of grant-in-aid scholarships in each of its 19 sports programs.