UNIVERSITY AT BUFFALO A Window of Opportunity Faculty Senate Executive Com m ittee October 24, 20 12
UB in 20 12 A Window of Opportunity • NYSUNY 20 20 - $10 0 M in new tuition revenue and state fund held harm less through 15/ 16 • The Buffalo $1B Initiative • A favorable SUNY state funding m odel • A foundation of university strength preserved despite reductions • UB can create an exciting plan of action in a changing world 2
THE PLAN OF ACTION • Addresses internal and external challenges • Gives strategic direction and tactical discipline • Aligns resources to desired im pact • Moves beyond strength-building to local and national problem -solving • Defines roles for all 3
OPPORTUNITY AND CHALLENGE The best response to both – answer the question: W ha t m a kes UB d istinctiv e? • Different ways of teaching • Attract better students • Different ways of doing research • Attract m ore funding • Different ways of collaborating • Attract new sponsors • Different ways of engaging • Econom ic im pact • Engage the com m unity in new ways A New UB Brand 4
KEY BRIEFINGS I The Opportunity 5
UB NYSUNY 20 20 Objectives • Grow Ladder Faculty by 250 • Grow Research Expenditures by $60 M (40 %) • Increase UG Degree Attainm ent o 4 Year graduation rate from 42 55% o 6 Year graduation rate from 63 75% • Move Medical School downtown • Strengthen regional econom ic im pact 6
UB NYSUNY 20 20 The Tools • The Tuition Program – 11/ 12 – 15/ 16 o UG resident tuition increases - $30 0 / year o Non-resident UG tuition increases – 10 % / year o Grad/ professional program s – 8 % / year (on average) o $100M Total Revenue • Academ ic Excellence and Success Fee - $75/ year (all students) • Medical School Relocation o $35M Challenge Grant o $215M Tax exem pt bond financing o $50 M Capital funds reappropriation o School pays debt service and $75M in cash/ gifts 7
BUFFALO INVESTMENT DEVELOPMENT PLAN “BILLION DOLLARS FOR BUFFALO (B4B)” Governor Cuom o announced the B4B in • 20 12 Fund key transform ations building the • regional econom y o Private-sector jobs - #1 priority o 5-1 m atch w ill be required o Sustainability plan releases funds o Public-private partnerships $75 m illion capital allocation through • March 31, 20 13 8
BILLION DOLLARS FOR BUFFALO (B4B) Potential Strategies UB potential initiatives: • o Healthcare Personalized Medicine o Advanced Manufacturing Materials Sciences UB is expected to play a role in other key enablers: • o Workforce developm ent o Innovation and entrepreneurship o Infrastructure 9
BILLION DOLLARS FOR BUFFALO (B4B) Develop an Entrepreneurship Ecosystem ! Spin-Off Product Innovation Com panies Developm ent Com m ercialization Governm ent Higher Industry & Translation and Econom ic & Education Education Higher Developm ent Institutions & Industry Education Education Research Entrepreneurship Skilled Workforce Industry Prosperity Needs 10
BILLION DOLLARS FOR BUFFALO (B4B) Sum m ary Im pact on UB’s core research m ission? • Applied/ clinical research in tenure/ prom otion process • decision? IP ownership? • Tech transfer? • Metrics for success? • Sharing of facilities? • 11
Resource Allocation Model PRINCIPLES Optim ize the System ’s lim ited resources • Responsive to strategic goals • Acknowledge cam pus differences • Sensitive to each cam pus (and to cam pus retention of • tuition) Rational and data driven • Predictable and useful for longer term planning • 12
ENROLLMENT: $6 9 1M Cost by enrollm ent level and discipline based on national • study Different cost factors (Carnegie classifications) • o Research o Doctoral o Com prehensive o Technology (Baccalaureate) Separate funding pools (distributions) by enrollm ent level • o Undergraduate (UG) o Beginning Graduate (G1) o Advanced Graduate (G2) o First Professional (1 st Pro) Strategic enrollm ent planning com m ittee (SUNY) • 3 Year average – plan/ actual ( 2 years) • 13
RESEARCH: $70 M GOALS • Increase funding brought into the state that will support SUNY’s role as the key driver for econom ic revitalization through research o All Indirect Recovery ( 70 % ) o SUNY Research Excellence Fund ( 10 % ) o Direct Allocation for CNSE ( $6.5M ) o Per capita? • Provide research support across all academ ic disciplines o Advanced Doctoral FTE ( 20 % ) 14
GEOGRAPHIC: $15M Recognition of location pay: • o Contractual obligation o Accurate, defensible, m easurable o Major subcom ponent of the Geographic Differential o Distribution consistent w ith current funding Other m ethods are very difficult to m aintain, explain and • verify; included arbitrary assum ptions 15
ACADEMIC MISSION ADJUSTMENTS: $11M Model includes: • o ESF ( 40 % of State Support, 25% of Financial Plan) o Maritim e ( 20 % of State Support, 7% of Financial Plan) Working with the cam puses, the use of detailed cost of • instruction data, Peer and National Cost Study will be used to justify final adjustm ents Long-term plans to reduce adjustm ents will be developed • 16
SUNY RESOURCE ALLOCATION • National peer university based m ethod • Transparent • Incentivizes sound enrollm ent planning • Incentivizes federal, full indirect cost bearing research • UB adds m ultiple m illions if we m eet enrollm ent plan 17
LADDER FACULTY FTE Including GFT 20 0 5/ 0 6 – 20 12/ 13 Ladder faculty including those faculty holding GFT appointments; FTE for GFT faculty is assumed to be 1.0 regardless of actual FTE listed on personnel systems. 18 Source: Human Resources
STRATEGIC STRENGTHS Total Hires by Strategic Strength (FTE) (Unit & Central Com bined) 35 33.00 3.00 30 Total Num ber of Hires (FTE) 24.50 25 1.00 18.00 18.00 20 16.50 15.00 5.00 2.00 15 30.00 1.00 23.50 10 18.00 6.00 14.50 14.00 13.00 5 4.00 2.00 0 Artistic Cultures and Extrem e Events Health and Inform ation and Integrated Molecular Expression Texts Wellness Com puting Nanostructured Recognition Technology System s Total approved hires through September, 2012 Previously made hires to be replaced Health and Wellness hires to be made 19
RESEARCH METRICS (20 0 4/ 0 5 to 20 11/ 12) Num ber of Proposals New Awards 1750 70 0 1632 573 16 0 0 14721416 1447 1423 60 0 531 14 50 125713121249 457 466 50 0 368 38 5 38 2 411 130 0 40 0 1150 10 0 0 30 0 Value of Proposals Award Conversion ($ in m illions) 50 % 8 0 0 4 5% 40 % 490 472 48 0 526 537 573 531 37%37%38 % 37% 60 0 36% 466 4 0 % 34%32% 35% 40 0 30 % 20 0 25% - 20 % 0 5 0 6 0 7 0 8 0 9 10 11 12 0 5 0 6 0 7 0 8 0 9 10 11 12 20
KEY MEASURES Grants and Contracts Expenditures per Faculty 21 Source: Office of Research
UNDERGRADUATE TUITION & FEES Resident Nonresident $16 ,59 0 $36 ,0 9 5 Pittsburgh UCSD $16 ,4 4 4 Penn State $36 ,0 0 0 UC Irvine $13,8 19 Michigan $35,570 UCLA UCSD $13,217 $29 ,9 16 Washington $13,122 UC Irvine $28 ,74 6 Penn State $13,0 73 Rutgers $28 ,4 4 2 UNC $12,6 9 2 UCLA $26 ,6 34 Wisconsin $12,36 3 Washington $26 ,39 3 Rutgers $10 ,38 5 Wisconsin $26 ,28 0 Pittsburgh $9 ,4 8 4 UB 20 15/ 16 $26 ,279 Iowa Iowa $8 ,0 57 $24 ,29 4 UB 20 15/ 16 $7,9 8 9 UB $18 ,6 0 9 UB $7,6 9 0 UNC $7,56 0 Stony Brook $18 ,18 0 Stony Brook Source: AAUDE Tuition and Fees, 2012-13 22
23 $10 ,0 0 0 $12,0 0 0 $14,0 0 0 $16,0 0 0 $8 ,0 0 0 $2,0 0 0 $4 ,0 0 0 $6,0 0 0 Source: Estimates based on IPEDS Financial Aid, 2010-11 $0 AVERAGE FRESHMAN NET PRICE Penn State $13,4 38 U Pitt $11,0 0 1 Illinois $10 ,8 4 2 Minnesota $10 ,0 39 Rutgers $9 ,9 59 Michigan State $8 ,9 8 6 UC San Diego $8 ,112 UC Irvine $7,8 50 U Texas - Austin $7,530 U Virginia $7,323 UC Santa Barbara $7,24 4 AAU Publics U Wisconsin $7,226 UC Davis $7,0 79 U Washington $7,0 17 GA Tech $6 ,9 6 8 U Michigan $6 ,78 0 Purdue $6 ,722 UC Berkeley $6 ,4 0 5 UCLA $6 ,355 U Colorado $6 ,34 9 Kansas $5,9 0 8 Oregon $5,729 Texas A&M $5,571 Indiana $5,50 1 Missouri $5,4 77 Buffalo $5,4 15 Stony Brook $5,373 Ohio State $5,20 9 Maryland $5,19 1 U Florida $3,8 6 1 U Iowa $3,74 2 U Arizona $3,20 5 Iowa State $3,111 UNC $2,9 9 8
AVERAGE FRESHMAN NET PRICE UB and NY Privates $29,162 $27,28 6 $35,0 0 0 $24,8 22 $25,191 $30 ,0 0 0 $21,20 6 $20 ,593 $20 ,299 $19,563 $25,0 0 0 $16,313 $13,119 $12,550 $20 ,0 0 0 $10 ,994 $11,30 1 $11,10 9 $10 ,131 $15,0 0 0 Hobart & Wm. Smith $5,415 $10 ,0 0 0 St. Bonaventure U of Rochester D'Youville Skidmore Columbia Hartwick Syracuse Clarkson $5,0 0 0 Daemen Niagara Canisius Colgate Ithaca RIT UB $0 Source: Estimates based on IPEDS Financial Aid, 2010-11 24
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