2019 INTERIM JOINT COMMITTEE ON APPROPRIATIONS AND REVENUE June 4, - - PowerPoint PPT Presentation

2019 INTERIM JOINT COMMITTEE ON APPROPRIATIONS AND REVENUE

June 4, 2019 1:00 p.m.

President Neeli Bendapudi, University of Louisville

Introduction

Neeli Bendapudi: 18th president of the University of Louisville

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Overview

• Mission
• Becoming a premier metropolitan research university
• Strategy
• Developing our new strategic plan
• Learn. Work. Invest.
• Learn: Serving our Students
• Who we serve
• Accomplishments and successes of student body
• Work: Enhancing the research enterprise
• Top tier research university
• Improving the quality of life in the Commonwealth
• Invest: Connecting the University to the City, the Commonwealth and beyond
• Additional ways UofL can serve the Louisville region and Commonwealth
• Innovation and business connections driving growth and success

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1997 HB 1

“UofL is to be a premier, nationally-recognized metropolitan research university”

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• Learn. Work. Invest.

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Student Overview

Enrollment (Fall 2018)

• Total: 22,471
• Full-Time 16,780
• First Generation College Students**: 15.8%
• Pell-Eligible Students**: 38.4%
• Underrepresented Minorities***: 20.9%

*As defined by the Kentucky Council on Postsecondary Education ** Indicates all first-time, full-time, baccalaureate degree-seeking students entering Summer/Fall 2018 *** Per CPE definition of underrepresented minorities. 6

Extraordinary Achievements

1998

REPORTING YEAR

2008

REPORTING YEAR

2018

REPORTING YEAR

Freshman ACT score (average)

21.4 24.4

25.6 6-year graduation rate

30.1% 45.7%

56.6% Baccalaureate degrees awarded

1,734 2,298

3,040 Doctoral degrees awarded

76 151

165

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• Learn. Work. Invest.

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Premier Metropolitan University

• Recognized as a Carnegie Research I University
• 1994 – Classified as Carnegie Research II University
• 2005 – Achieved Carnegie Research I (retained this status to the present)
• One of only 69 universities classified as both a Research I and Community

Engagement Institution (Very High) by Carnegie

• Significantly increased total research expenditures
• $33.4 Million in 1997
• $177 Million in 2017
• UofL Dental School Ranked 13th in the nation for Medical Research (Highest in the state)
• UofL Medical School Ranking in NIH Funding
• #79 in 2001
• #63 in 2018

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Improving Quality of Life Through Research

UofL Programs of Distinction

• NIH-Designated Research Centers
• Kentucky Biomedical Research Informatics Networks (Dr. Cooper, SoM; >$18M)
• Center for Excellence in Diabetes and Obesity Research (Dr. Bhatnagar, SoM; >$17M)
• Functional Microbiomics, Inflammation and Pathogenicity (Dr. Lamont, SoD; >$11M)
• Hepatobiology and Toxicology (Dr. McClain, SoM; >$11M)
• Alcohol Research Center (Dr. McClain, SoM; >$7.5M)
• Superfund: Environmental Exposure and Cardiometabolic Disease (Dr. Srivastava, SoM; >$6.5M)
• National Science Foundation (NSF)-Designated Center
• NNCI: Kentucky Multi-Scale Manufacturing and Nano Integration Node (Dr. Walsh, SSoE; >$3M)
• National Nanotechnology Coordinated Infrastructure (NNCI) Center: 1 of only 16 sites in US
• Kentucky Spinal Cord Injury Research Center
• Epidural Stimulation Program (Dr. Harkema, SoM; >$13.5M, Christopher and Dana Reeve Foundation)
• Center of Excellence for Research in Infectious Disease
• Dr. Ramirez, SoM; >$15M, Pfizer, Inc.
• PREVENT (Pre-exposure prevention of Viral ENTry)
• Dr. Palmer, SoM; ~$15M, NIH
• AHA Tobacco Regulations and Addiction Center
• Dr. Srivastava, SoM; >$10.5M

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• Learn. Work. Invest.

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Innovation and Economic Opportunities

• Only university in the country to receive 5 of the most prestigious

innovation research grants

• Total awards >$12M
• 2015 Ranked Top 100 Worldwide Universities granted U.S. Utility

Patents by the National Academy of Inventors

• Innovation successes
• $100M Venture Capital investment in Talaris (Dr. Suzanne Ildstad start-up)
• $625M exit by Ariosa Diagnostics to Roche Diagnostics (Dr. Aoy Tomita-Mitchell)
• Partnered with the Cabinet for Economic Development
• RISE Initiative: Louisville Entrepreneurship Acceleration Partnership (LEAP)
• Partnerships with Industry
• IBM
• Cardinal Health
• Kindred Healthcare
• GE FirstBuild
• Maker Faire

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Extraordinary Achievements

1998

REPORTING YEAR

2008

REPORTING YEAR

2018

REPORTING YEAR

Startup companies (cumulative)

1 22

97 Patents applications filed (cumulative)

151 710

2,060 Research expenditures

$39.1M $148.9M

$176.6M Intellectual property income

$90K $142K

$3M

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Funding Requests

1. Meeting marketplace demand

• a. Alleviating critical nursing shortage
• b. Educating cutting-edge engineering students

c. Tech workforce needs

2. Increase in state performance funding 3. New round of Bucks for Brains funding 4. Maintaining high quality instructional, research, and student spaces

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STEM + H focus

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• Improve and expand Speed School of Engineering instructional and

research spaces

• Expand School of Nursing instructional and simulation training spaces
• Establish nationally-renowned Multidisciplinary Institute for Robotics and

Advanced Manufacturing

• Enhance cybersecurity and computer science programs
• Request:
• Funding to support growing and advancing the number of STEM + H degrees

Performance-based funding

• UofL outperformed the sector average:
• STEM+H degrees
• Student progression at 30 hours
• Student credit hours earned
• Number of FTE students
• UofL also improved in the following metrics:
• Bachelor's degrees: 1.6% increase
• URM bachelor's degrees: 2.7% increase
• Student progression at 90 hours: 0.8% increase
• Request:
• New state funds allocated to performance funding pool

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Return on Investment:

Impact of Bucks for Brains Program at UofL

• Request:
• New round of state funding to be matched by university funds

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Asset Preservation

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Why Maintaining Infrastructure Matters

• Economic growth of the region and state dependent upon skilled labor
• To meet market demand, higher education must train the labor force
• Fast-paced technology changes require higher ed to quickly adapt and, in many

cases, lead change

• Estimated deferred maintenance and renovation needs at UofL are more

than $1 billion

• Request:
• Establish funding pool to renovate and update instructional, research, and

student spaces

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THANK YOU FOR YOUR CONTINUED SUPPORT AND INVESTMENT IN The University of Louisville and the Commonwealth of Kentucky! Neeli.Bendapudi@Louisville.edu