FIU 3.0 Presentation - Sept. 15, 2008

Page 1


FIU 3.0 A New Strategic Direction

President Modesto A. Maidique September 15, 2008


FIUFIUAcademic Health Sciences View Academic Health Sciences Perspective View


FIU Academic Health Sciences View (Artist Rendering) FIU Academic Health Sciences Perspective View


FIU @ 50 Research: Contributing to Global Intellectual Capital

Teaching: Maximizing Human Potential

GLOBALLY RECOGNIZED ACADEMIC INSTITUTION

Athletics, Alumni, & Cultural Affairs: FIU as a Primary Affinity and Destination Point

Services: Key to Recruitment, Retention, and Graduation


University Evolution

FIU 1.0

FIU 2.0

Founding Paradigm

Existing Paradigm

Two year upper division college

Comprehensive urban research university

Few Masters programs

30 Doctorates, Architecture, Law, Engineering, Public Health, Medicine

Rapid enrollment growth

Publicly funded

Publicly funded


University Evolution

FIU 1.0

FIU 2.0

FIU 3.0

Founding Paradigm

Existing Paradigm

New Paradigm

Two year upper division college

Comprehensive urban research university

Comprehensive urban research university with sharp strategic focus

Few Masters programs •

30 Doctorates, Architecture, Law, Engineering, Public Health, Medicine

Stronger, integrated , interdisciplinary undergraduate core

Rapid enrollment growth

Managed enrollment

Publicly funded

State of the art managerial systems and infrastructure

Reduced public funding with increased accountability

Requiring greater public/private partnerships and revenue generating operations

Publicly funded


FIU 3.0 A New Paradigm

• Comprehensive urban research university with sharp strategic focus • Stronger, integrated, interdisciplinary undergraduate core • Managed enrollment • State-of-the-art managerial systems and infrastructure • Reduced public funding with increased accountability • Greater public/private partnerships and revenue generating operations


FIU 3.0 Objectives

• Excellence in undergraduate education • Enhanced research and doctoral production • Distinction in international education


SACS Timeline 2000

FIU reaccredited

2007

FIU begins process for reaffirmation of accreditation

2008

Units complete compliance reviews

September

2009 March

September

2010 March Fall December

2015

Complete design of the Quality Enhancement Plan (QEP) SACS Compliance Report due SACS site visit to FIU Implementation of QEP SACS decision on reaffirmation of accreditation SACS midterm compliance review


Three-Year Operating Gap

State Cuts Assumptions1

Unfunded Operations

Enrollment/ Tuition2

University-wide Mitigation3

Critical Investments

Resulting Units’ Gap

FY08-09 $-14.0M

+

$5.0M

+

$-5.2M

+

$-17.9M

+

$17.1M

$-15.0M -4.8%

FY09-10 $-17.7M

+

$9.6M

+

$-6.9M

+

$-23.2M

+

$15.0M

$-23.2M -7.4%

FY10-11 $-14.1M

+

$14.6M

+

$-8.5M

+

$-35.8M

+

$8.1M

$-35.7M -11.4%

1. Assumes current cut of 5.9% will increase and/or incremental Lotto funds will not materialize to the equivalent of a 7% cut 2. Assumes 6% tuition increase in undergrad, Net of 30% need-based Financial Aid allocation. Includes $1M increase in incidental revenues, and excludes differential tuition 3. Includes carry forward funds, salary float, and incremental treasury returns


Legislative Update 2008-2009

State Cuts

Unfunded Operations

Tuition

University-wide Mitigation

Critical Investments

Units’ Cuts

ORIGINAL -7.0%

$-14.0M

+

$5.0M

+

$-5.2M

+

$-17.9M

+

$-17.9M

+

$17.1M

+

$15.0M

=

$0.0M

RECENT CHANGES -5.9%

$-11.9M

$2.4M

-4.0%

$ -7.6M

$2.9M

$-19.5M

+

$10.3M

$-2.2M

+

$-7.4M

+

$17.1M

+

$15.0M

= $-2.4M


Customer Service Verbatim Student Responses

“The bureaucracy and red tape that exists at this university is pitiful. Everyone ping-pongs you to different phone numbers and offices when a problem arises.”

“Dealing with any of the offices is extremely difficult. No one seems to know what they are doing and you can never get a straight answer out of anyone.”


Customer Service = Quality

• Higher graduation rates • More efficient operations • Stronger alumni affinity • Improved donor relations • Enhanced institutional reputation


HISTORICAL STATE FUNDING PER FTE

$18,000

$16.9K

$16,000 $16.4K

$14.1K

$14,000

$12,000

$10,000

$10.3K $11.2K

$8,000

$6,000

Includes General Revenue and Lotto Funds Funding per FTE adjusted per Inflation to 2007-08 dollars using HEPI Index

$9.0K


Deteriorating Quality Student to Faculty Ratio * Student/ Faculty 50

48.3

45 40 35 29.7

30 25

24.5

20 15 10

Source: National Center for Education Statistics, IPEDS. * 2005 Tenured / Tenure-Earning Full-time Equivalent (FTE) faculty to FTE Students Public Universities. One FTE undergraduate student is defined as 30 student credit hours, and one FTE graduate student is 24 credit hours.


2007 Higher Education Appropriations Per FTE by State

1.

Wyoming: $15,155

36. Mississippi: $5,926

2.

Alaska: $13,824

37. Florida: $5,855

3.

Hawaii: $12,195

38. South Carolina: $5,838

4.

Connecticut: $10,079

39. Michigan: $5,825

5.

New Mexico: $9,669

40. Pennsylvania: $5,788

6.

Massachusetts: $8,666

41. Indiana: $5,351

7.

New York: $8,657

42. Oregon: $4,948

8.

Nevada: $8,589

43. Ohio: $4,915

9.

Georgia: $8,231

44. North Dakota: $4,765

10. New Jersey: $8,076

45. West Virginia: $4,651


College of Nursing and Health Sciences Cost savings strategies

• Charge tuition-plus fees • Engage industry to support direct costs of programs that meet their needs • Secure student scholarships from business leaders


FIU 3.0 Academic Objectives

• Excellence in undergraduate education • Enhanced research and doctoral production • Distinction in international education


Economic Impact of Bachelor’s Degree

• $20,000 annually in additional individual earnings over a high school diploma • $2,000 more in annual state/local taxes • $50,000 more in state local taxes over 25 years


FIU 3.0 Academic Objectives

• Excellence in undergraduate education • Enhanced research and doctoral production • Distinction in international education


FIU Doctoral Production

140 120 100 80 60 40 20 0


FIU 3.0 Academic Objectives

• Excellence in undergraduate education • Enhanced research and doctoral production • Distinction in international education


Definition of “International” at FIU Student responses

Refers to diverse/multicultural campus population

69%

Global/worldwide perspective/emphasis

9%

A specific country/region

4%

Programs have an international base

3%

Culturally aware/open to other cultures

3%

Don’t know

3%

Study abroad/global opportunities

3%

Refers to location of the college

2%

Prepares students for global marketplace

2%


School of International and Public Affairs


School of International and Public Affairs Academic Units and Centers & Institutes

School of International and Public Affairs

Politics and Int’l Relations

Public Administration

Criminal Justice

Soc, Cult. & Spatial Studies & Affiliated Faculty


FIU 3.0 • Focus: Health and life sciences, the environment, international studies built on a strong liberal arts and sciences foundation • Excellence: Quality academic programs and customer service • Efficiency: Cost-saving, streamlined operations • Innovation: New public/private partnerships, funding, and costsharing opportunities


FIU 3.0 A New Strategic Direction

President Modesto A. Maidique September 15, 2008



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