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NDSU president to receive more than $475,000 in deferred compensation

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FARGO -- North Dakota State University President Joseph Chapman will collect more than $475,000 in deferred compensation from the North Dakota State University Development Foundation.

Chapman will be paid $37,500 on Dec. 31, which is the compensation Chapman earned for July 1 through the end of the year, said Jim Miller, the foundation's executive director.

That amount is based on Chapman's Jan. 2 resignation date accepted by the state Board of Higher Education, Miller said.

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