LINCOLN, Neb. — The University of Nebraska Board of Regents is expected to consider a one-year extension that would keep system President Hank Bounds under contract through the 2020-21 school year.

Bounds’ current contract expires June 30, 2020.

The extension doesn’t include any salary increase. Last year regents approved a 6.3 percent increase that took Bounds’ base pay up to $510,400 annually. Bounds also is paid a privately funded supplement of $20,000 a year. He joined the system in 2015.

The board is scheduled to meet Thursday in Lincoln.

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