Operating Budget Request Approved
Trustees approved a $4.5 million operating budget request for 2009-2010
and an additional $2.2 million for 2010-2011 after reviewing the
prioritized needs for enrollment growth, degree completion, on-time
degree completion, a special appropriation adjustment, and quality
improvement initiatives at the University of Southern Indiana. A capital
budget request for a Teaching Theatre, at $15 million, and a $2.2
million repair and rehabilitation request were approved at the July
meeting of the Board of Trustees.
Funding for enrollment change continues to be a major component of USI’s
operating budget request. USI will ask the state for funding at $3,500
per full-time Indiana student based on the four-year rolling average for
an additional 155 full-time students.
In 2007-09 Indiana adopted two performance incentive funding formulas,
degree completion and on-time degree completion. The average number of
baccalaureate degrees conferred at USI increased from 879 to 1,001 from
2001-2002 to 2006-2007. USI is requesting funding at $4,000 for an
additional 122 degrees based on the two-year average. From 2001-2002 to
2003-2004, the number of four-year degrees increased by 4.3 percent. USI
is requesting funding at $5,000 per baccalaureate degree for an
additional 85 degrees conferred. In 2008 a record number of students
graduated, exceeding 1,700 for the first time in USI history.
In the special appropriation adjustment, USI seeks an additional $250 in
2009-2010 and $125 in 2010-2011 per full-time Indiana student to address
disparities in funding. The University also will request funding to
maintain current programs and implement new initiatives during the
biennium.
Funds requested for two new quality improvement initiatives will support
the development of the STEM Teaching Improvement Institute and ADAPT,
Affordable Degree Attainment through Professional Training. The
institute will provide pre-service and in-service training and
professional development opportunities to increase the number of
qualified teachers in science, mathematics, and technology disciplines
in K-12 schools.
For students most at-risk of failing to complete their degrees, USI will
provide intensive academic and career-preparatory services through
ADAPT. Among the objectives of the program are to improve the quality
and quantity of on-campus work experiences; provide professional
training for student workers, provide personalized academic coaching for
at-risk students; successfully retain a larger share of working
students; and increase degree completion rates for working students.
Trustees reviewed housing rates for 2009-2010 and approved a modest
increase of $50 for students in two-bedroom apartments and residence
halls with two students per bedroom. Meal plan rates for the 2009-2010
academic year were approved at $1,625 to allow for normal increases in
food and labor costs.
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