2021-23 BIENNIAL BUDGET PRESENTATION Indiana Commission for Higher Education President Geoffrey S. Mearns October 8, 2020
Indiana’s Public Research University • Fall 2020 Enrollment: 21,597 — 86% on-campus students are Indiana Residents • Fall 2020 Freshman Class - 90% Indiana Residents - 3.52 Mean High School GPA - 66% Receiving Need-Based Aid - 38% Pell-Eligible - 15% 21 st Century Scholars - 25% Diversity - 40% First-Generation 2
Indiana’s Public Research University Our graduates have a positive economic and civic impact on Indiana • Alumni Facts: — Approximately 200,000 living alumni — 62% of our alumni live in Indiana • 70% of May 2019 graduates work in Indiana — 94% placement rate — 82% employed in field of study 3
Excellent Outcomes Retention Rate by Cohort Year 85% 80% 75% 70% 65% 60% Fall 2015 Fall 2016 Fall 2017 Fall 2018 Fall 2019 4
Excellent Outcomes…and Improving Completion Rates by Cohort Years 68% 63% 58% 53% 48% 43% 38% 33% 5 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 On-Time Graduation Rate 6-Year Graduation Rate
Excellent Outcomes…and Improving Total Degrees Conferred 6,500 6,157 6,000 5,910 5,593 5,476 5,465 5,500 5,385 5,267 5,000 4,500 4,000 AY12-13 AY13-14 AY14-15 AY15-16 AY16-17 AY17-18 AY18-19 6
For All People On-Time Completion 60.00% African American Hispanic First Generation 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% Cohort Year 7
Affordable • Longest sustained period Percent Increase in Resident Undergraduate Tuition and Mandatory of low tuition growth Fees 6.00% 5.45% since WWII 5.00% • At or below ICHE 4.00% recommended cap for 3.00% eight consecutive years 2.00% 1.24% 1.00% 0.00% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Tuition Rate Increases ICHE Recommendation 8
Productive Expenditure Growth Per Degree Awarded AY 2012-13 through AY 2018-19 25.0% 22.7% 20.0% 16.2% 15.0% 9.7% 10.0% 5.0% 2.6% 0.0% 9
Innovative and Entrepreneurial Destination 2040: Our Flight Path GOAL 2 LIFETIME LEARNING AND GRADUATE EDUCATION Our University expands its reach and impact along the continuum of human development and is nationally recognized for serving graduate students and other adults throughout their lifetime educational journey and for our agility in anticipating and responding to workforce needs. 10
Innovative and Entrepreneurial Muncie Community Schools Partnership • Appointed School Board • Enrollment • Financial Stability 11
Muncie Community Schools Partnership Appointed Board 12
Muncie Community Schools Partnership Enrollment Muncie Community School Enrollment 2009-2020 13
Muncie Community Schools Partnership 14
Muncie Community Schools Partnership $4 million in philanthropic investments $2.7 million in competitive grants Total $6.7 million 15
Academic Innovation and Fiscal Viability Plan 16
Philanthropic Investments $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 17
COVID-19 – Response Academic/Student Support Health/Safety • More online courses • Testing and contact tracing • HyFlex courses • Adjustments to create safe physical distancing • Shifting student supports and • PPE activities online • Cardinal Cares Pledge 18
COVID-19 – Response 19
COVID-19 CARES Act funding • $7.6 million disbursed to 8,085 Ball State Students • Average award = $940 • 39% Pell Students • 95% Undergraduates • 85% Indiana Residents 20
Fiscal Discipline – FY 2021 Reductions Division Amount % Reduction President's Office $ 150,400 7.9% Chief Strat Office, Div. 235,000 7.2% Business Affairs 2,250,000 5.1% General Counsel 98,000 5.1% Athletics (GF Only)* 298,400 5.0% Marketing 256,000 5.0% Information Technology 795,000 4.9% Academic Affairs 7,800,100 4.2% Student Affairs 425,000 4.2% Governmental Relations 19,600 4.0% Enrollment 285,000 3.0% Division Total $ 12,612,500 4.5% Other Savings 1,750,000 Total Savings $ 14,362,500 5.1%
Principal Capital Project Request Top Priority: North Campus Building Renovation- $58,000,000 Architecture Building, Hargreaves Music Building, Arts and Communications Building, and the University Theatre Programmatic Improvements: Essential R&R Improvements: • HVAC/Plumbing systems • Active learning spaces • Safety features & fire control • Flexible design • Consolidation of space • Ventilation • ADA compliance 22
Principal Line Item Request: The Entrepreneurial University Appropriation Request FY 2021 FY 2022 FY 2023 $2,500,000 $4,500,000 $4,500,000 • Distinctive academic experiences • Delivers measureable outcomes • Innovative programs including alternative credentials, short-term learning modules and customizable programs that anticipate and respond to employer needs 23
Recommend
More recommend
