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V I N C E N N E S U N I V E R S I T Y
NOVEMBER 15, 2012 Presentation to the State Budget Committee
Vincennes University
SBC Presentation
Vincennes University Indiana Employers’ College of Choice
• Nationally-Acclaimed Best Practice
• Highly Integrated Career Pathway Design
• Access and Affordability for Students
• Workforce Aligned
• Keeping Indiana Employers Globally-Competitive
• Promoting Innovative Industry-led Collaboration
“Of all the colleges that we work with across the country,
Vincennes University has the best Advanced Manufacturing program.”
Toyota Corporate
1
Vincennes University
SBC Presentation
Quality Improvement Request Career and Technical Early Colleges
Advanced CNC Manufacturing, Computer Integrated Manufacturing & Robotics, Precision
Manufacturing, Product Design and Production Processes and Welding Technology
Partnerships between VU and Career and Technical Education Centers throughout Indiana
Career and Technical Early College Budget
FY 2013-2014 FY 2014-15
State of Indiana $3,000,000 $5,000,000
Vincennes University $3,000,000 $3,000,000
Other Funding Sources (industry partnerships, foundations, etc.)
$3,000,000 $3,000,000
Total $9,000,000 $11,000,000 2
Vincennes University
SBC Presentation 3
6% ($73 million) Reallocation
Higher Education FY 2014
Higher Education FY 2015
7% ($85 million) Reallocation
All Reallocations Are Not Created Equal
$1.2 Billion
$1.2 Billion
Vincennes University
Purdue - West Lafayette
Indiana University – Bloomington
$ 0.56
$ 0.30
$ 0.24
Performance Funding Contribution Revenue Mix
(State Appropriation / State Appropriation + Tuition)
Vincennes University
SBC Presentation
2013-2015 Operating Budget Request
Additional Appropriation Requested
FY 2013-2014 FY 2014-2015 $746,048 $760,968
4
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
Bienniums 2007/09 2009/11 Not Sustainable
State Operating & Tuition
CPI
• Operating below 2008 support levels
• Highest teaching load in the state (lowest faculty and staff salaries)
• 60% of instruction is technical, the most expensive type to delivers
1.9% 2.0%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
1.9%
Revenue/ Expenditure
Deficit
State Operating & Tuition
Enrollment
-1.7%
9.9%
Expenditures
3.6%
Bienniums 2007/09 2009/11
Even if succeeding….still losing
Vincennes University
SBC Presentation
Vincennes University Dual Credit
Saving the State of Indiana and Students Significant Costs
5
Vincennes University Dual Credit Request
FY 2013-2014 FY 2014-2015 $1,474,650 $1,474,650
Dual Credit Savings
Savings to SSACI (Students Eligible for Free and Reduced Lunch)
$3,897,795
Savings to Students (Students paying $25 per credit hour)
$2,734,515
Total Savings $6,632,310
• Increases on-time graduation rates
• Decreases student debt loads
• Reduces demand on Indiana’s SSACI program
Vincennes University
SBC Presentation
2013-2015 Capital Budget Request
6
General Repair and Rehabilitation $ 3,260,421
Special Repair and Rehabilitation Projects
Aviation Technology Center $ 6,000,000
Infrastructure Upgrade (Electrical Upgrade and Steam Line Replacement)
$ 8,000,000
New Construction
Science and Mathematics Building $ 15,000,000