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Friday, December 9, 2011 - 4:14am

Kennesaw State Loses $70,000

An audit found thousands of dollars missing from Kennesaw State University and it's not certain the money will ever be found.

WSB Radio reported the money was called "K-Cash," and involved students contributing to their K-Cash accounts and then using it to buy books and meals or for printing copies of paperwork.

Authorities say the audit revealed that about $70,000 was taken after students put money in their accounts but before the school put it in the bank.

Kennesaw State Vice President Arlethia Johnson tells WSB-TV that authorities "can't put an exact handle on a particular person who is tied to the missing cash."

No charges have been filed.