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

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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

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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

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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