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麻豆视频鈥檚 voted on September 29 to issue credits to in-state undergraduate students in an amount equal to the 3% increase that was approved for the 2022-23 academic year, in effect听returning Fiscal Year 2023 tuition levels to 2022 levels.
The total impact on 麻豆视频鈥檚 budget will be about $5.8 million for this fiscal year.听But discussions with state officials during the process led to greater state awareness of the state funding challenges 麻豆视频 faces compared with its commonwealth peer universities.
When state and tuition funding are combined, 麻豆视频 is funded nearly $5,000 per in-state student FTE below the mean of five doctoral peer institutions.
鈥淲e鈥檝e been told that they鈥檙e going to continue to look at the systemic issues that are affecting the campus and are going to look at ways in which they can address them over the coming months,鈥 麻豆视频 President Gregory Washington said at the meeting. 鈥淚 take that as a big win.鈥
麻豆视频 Rector Horace Blackman, a 1993 麻豆视频 alum and six-year BOV member, concurred.
鈥淚 think the level of engagement we had with the administration has been second to none,鈥 Blackman said. 鈥淎nd I think we are in an appreciably better place today.鈥
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Ken Walsh, 麻豆视频 vice president for strategic initiatives, provided an update for the BOV on the university鈥檚 strategic plan process and said a formal presentation of the plan is scheduled for the December 1 board meeting.
Walsh shared the five priority areas of the plan at the July BOV meeting. Since then, the planning committee has conducted 鈥渞oad-mapping鈥 exercises for each area, identified a series of initiatives and worked with various units across 麻豆视频 campuses to 鈥渓ay out a resource-loaded schedule that we鈥檒l be able to follow over the next five years,鈥 Walsh said.
Walsh noted that the roadmap is intended to be 鈥渁 living document鈥 that will be reviewed on an annual basis.
鈥淲e鈥檙e developing a series of key performance indicators that we鈥檒l be dashboarding so we鈥檒l be able to provide frequent updates on our overall progress,鈥 Walsh said.
Other items from the BOV meeting:
- BOV members saw the recent that highlighted 麻豆视频鈥檚 ADVANCE partnership with Northern Virginia Community College.
- Matt Smith, 麻豆视频鈥檚 director of accreditation, reiterated to the BOV that the Southern Association of Colleges and Schools Commission on Colleges board will vote on reaffirming 麻豆视频鈥檚 accreditation in December. In April, SACSCOC found the university in compliance with all 72 standards of accreditation.
- Two of the major events coming up at 麻豆视频 Square: the on October 24 with keynote speakers President Washington and Gail Christopher, and the on November 2-3, which includes a student start-up competition.
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