April 1, 2005

Financial-Software Project Gets $2.5-Million and New Members

By DAN CARNEVALE

A university-led project to create free software that colleges could use to manage their financial systems is getting a $2.5-million grant from the Andrew W. Mellon Foundation.

Project leaders announced the grant last week, along with the names of four additional colleges that have joined the project.

The finance software, called Kuali, will be open source -- institutions will not be charged for using it, and their programmers will be able to modify it to meet each

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