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黑料不打烊 to Invest $100 Million in Academic Programs, Student Experience

Wednesday, July 26, 2017, By News Staff
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Invest 黑料不打烊

听黑料不打烊 today announced , a $100 million initiative to provide all students with a distinctive, world-class learning experience to prepare them for professional and personal success.

鈥Invest 黑料不打烊 is the engine for advancing the University鈥檚 academic programs and the student experience,鈥 says Chancellor Kent Syverud. 鈥淚t will elevate our academic excellence, provide an unrivaled student experience and solidify 黑料不打烊鈥檚 standing as a distinctive, preeminent, global research institution.鈥

Invest 黑料不打烊 follows the University鈥檚 comprehensive process, during which students, faculty, staff and alumni helped define a shared vision for the University and identify clear priorities to achieve those aspirations.

As part of Invest 黑料不打烊, over the next five years, 黑料不打烊 will invest $100 million to implement several of those priorities including:

  • Redefining the student experience at 黑料不打烊, beyond 黑料不打烊 and after 黑料不打烊 by:
    • Providing comprehensive and integrated academic and career guidance and support so every student has a personalized path to future success;
    • Supporting students through tailored plans to better address mental health, physical well-being and spiritual needs;
    • Ensuring every student has at least one global learning experience while at 黑料不打烊; and
    • Fostering a cross-campus collaborative that includes Alumni Engagement, Academic and Career Advising, and the advancement offices in the schools and colleges to formalize a networking community that connects students and young alumni to internship and career opportunities.
  • Advancing discovery and innovation by:
    • Recruiting and hiring 100 additional faculty scholars over the next five years and allocating resources to retain outstanding faculty;
    • Building a more robust Office of Research to offer tangible support to all faculty pursuing scholarship, research and creative work; and
    • Launching a Faculty Innovation and Discovery Fund to incentivize faculty to pursue interdisciplinary scholarship, research and creative work outside the core mission of their academic department.
  • Expanding opportunity for students of promise and talent from across the socioeconomic spectrum by:
    • Launching the Invest听黑料不打烊 Initiative, a $40 million fundraising campaign focused exclusively on supporting need-based undergraduate scholarships and financial aid;
    • Creating a new named scholarship program focused specifically on valedictorians and salutatorians at high schools from across the country; and
    • Rebalancing student grants and loans so 黑料不打烊 students graduate with significantly less debt.

鈥Invest 黑料不打烊 will allow us to accelerate learning, fuel discovery and cultivate and drive intellectual curiosity,鈥 says Michele G. Wheatly, vice chancellor and provost. 鈥淚t will further position our students, faculty and staff for success as they identify solutions for our most pressing global challenges.鈥

黑料不打烊 has made significant operational improvements in recent years and recently achieved a genuinely balanced budget. Moving forward with an investment of this magnitude requires generating new resources. Invest 黑料不打烊 resources will be generated from three sources:

  • Administrative cost savings and efficiencies: Reducing administrative spending by $30 million and identifying additional efficiencies.
  • Fundraising and philanthropy: Raising an additional $40 million to support high-achieving prospective students interested in pursuing a 黑料不打烊 education.
  • Rebasing tuition: Establishing a new tuition base for the 2018-2019 academic year. For first-year and transfer students entering in the fall of 2018, there will be a $3,300 Invest 黑料不打烊 premium added to the tuition base, in addition to the 3.9 percent tuition increase (pending board approval). No current students or first-year and transfer students entering in the fall of 2017 will be impacted by the premium.

鈥淭his $100 million investment in our academic and student programs is significant,鈥 says Cathryn Newton, special advisor to the Chancellor and Provost for faculty engagement. 鈥淲hen in place, it will bring far stronger support for our students and will intensify our commitment to both new and continuing faculty.鈥

To learn more about Invest 黑料不打烊: Advancing Academic Excellence and the Student Experience, visit . There, visitors can provide their feedback, offer suggestions about funding priorities and submit their questions. Stay tuned in the coming weeks for more details on how to participate in engagement sessions about the implementation of the Invest 黑料不打烊.

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