The Midwestern State University Board of Regents will meet on Wednesday morning to approve the refinancing of two bonds.
MSU officials say the bonds were refinanced to get a lower interest rate.
A series 2002 tuition bond for campus improvement projects was refinanced to save the state money while a series 2003 bond for the renovation of Pierce and Killingsworth Halls was refinanced to save the school money.
School officials say they expect to see a combined savings of nearly $900,000.
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