CAMPUS FORUM February 26, 2008 1 Michigan Tech: A Par4al Environmental Scan •
•
•
•
•
•
•
•
State Funding FY09 Budget Priority Student Recrui=ng Enrollment: A Balancing Act Rankings Research, Scholarship, Development Endowment Campaign Report 2 STATE FUNDING 3 Fund Comparison FY2005 FY2006 FY2007
General Fund Income
1.9M $ .6M $ .3M
Balance ($10.0M) ($9.4M) ($9.1M)
Current Fund Income
$ 3.3M $ 1.2M $ 1.5M
Balance $ 13.4M $14.6M $16.1M
FY2008 (Est.) ($ .3M) ($9.4M) $1.4M $17.5M 4 State Operation Appropriations
to Michigan Technological University
FY1965 through FY2007
$60,000
Appropriations (in Thousands)
$50,000
$40,000
$30,000
$20,000
$10,000
*FY 2007 Estimated
Adjusted to FY1984 Dollars
Unadjusted
Adjusted w ith CPI
Adjusted w ith HEPI
20
07
20
05
20
03
20
01
19
99
19
97
19
95
19
93
19
91
19
89
19
87
19
85
19
83
19
81
19
79
19
77
19
75
19
73
19
71
19
69
19
67
19
65
$0
FY2009 State of Michigan Funding Formula •  35%
Par=cipa=on Component -­‐ Based on percentage of undergraduate students receiving Pell Grants and Na=ve American Tui=on Waiver •  15%
Research Component •  50%
Degree Comple=on Component *Floor funding of 2.3% -­‐ Federal Research Expenditures -­‐ STEM and Health 4x Non-­‐STEM FY2009 State of Michigan Funding Formula Michigan State Michigan Wayne State Michigan Tech Par=cipa=on ($M) 1.54 1.00 3.70 0.39 Research/Commercializing ($M) 1.55 3.84 0.85 1.12 Degree Comple=on ($M) 4.75 5.35 2.38 0.67 APPROPRIATION 298.0 333.6 226.0 51.2 7 FY2009 State of Michigan Funding Formula Michigan State Michigan Wayne State Michigan Tech % Increase 2.71 3.15 3.17 4.39 Funding/FYES 6936 8272 8869 8518 8 Miscellaneous
Revenue, $15.65
Auxiliary Activities,
$24.91
FY07
Current Fund Revenue
$197.91M
Tuition and Fees,
$66.79
Grants and Contracts,
$42.43
Tuition and Fees
State Approps
Grants and Contracts
Auxiliary Activities
Miscellaneous Revenue
State Approps,
$48.13
9 FY09 BUDGET PRIORITY Compe==ve Compensa=on 10 STUDENT RECRUITING 11 1987-2007 Total Enrollment
7,200 7,000 6,800 6,600 6,400 Distance Learning Non-­‐Distance Learning 6,200 6,000 5,800 5,600 5,400 September 13, 2006 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Michigan ACT Test Takers – Interest in Engineering and/or Science 7000 6000 5000 4000 Engineering (MI) 3000 Science (MI) 2000 1000 0 2000 2001 2002 2003 2004 2005 2006 2007 13 Na4onal ACT Test Takers – Interest in Engineering and/or Science 70000 60000 50000 40000 Engineering (US) 30000 Science (US) 20000 10000 0 2000 2001 2002 2003 2004 2005 2006 2007 14 Undergraduate Applicants Total Domes=c Minority
Female
(week 25)
Number
5223
% Change +16.6% 703
+40.9% 1432
+30.3% 15 Undergraduate Ac4ve Deposits (week 25)
Total Domes=c Minority
Female
Number
1163
% Change +11.6% 67
+36.7% 283
+29.8% 16 Our Key Compe4tors For Students University of Michigan Michigan State University Grand Valley State University Central Michigan University Purdue University Source: Michigan Tech Cancella=on Survey 17 ENROLLMENT A BALANCING ACT 18 19 Full Time Graduates vs. FTE Undergraduates
Michigan Tech and U.S. News 2007 Top 25 National Universities
Fall 2005
20
UofCal-Berkeley
6.2
18
MTU
2.1
FTE Undergraduates/FTE T-TT Faculty
16
UofVirginia
4.9
14
UofM-Ann Arbor
5.5
12
10
WashU-St. Louis
Georgetown
5.7
5.3 Vanderbilt
Notre Dame
3.2
Brown
2.9
Dartmouth
3.0
Emory
5.0
Cornell
3.5
8
Princeton
2.9
6
5.7
Northwestern
6.3
Carnegie
5.2
MIT
6.5
4
Johns Hopkins
8.0
Duke
6.8
Yale Stanford
6.0
5.9
Rice
4.0
UofPenn
6.8
Harvard
7.1
UofChicago
6.9
Columbia
9.0
Cal Tech
4.6
2
0
0
1
2
3
4
5
6
7
8
9
10
Full Time Graduates/FTE T-TT Faculty
20 Percent of Graduate Students at Michigan Universi4es 40 35 30 25 20 15 10 5 0 Source: Presidents Council 21 Graduate Applica4ons & Accepts (week 25) All Applicants All Accepts Michigan Tech Applicants
Michigan Tech Accepts 2007 1379 2008 1558 187 248 70 22 31 10 22 RANKINGS 23 University Peer Scores for Top-­‐ranked Graduate Schools (Engineering) University Peer Score University
Peer
Score
5
4
3
Michigan Tech 2
1
1
21
41
61
81
101
Graduate
Engineering
Rank
Graduate Engineering Rank Source: U.S. News & World Report 24 For Michigan Tech to become a Top 50 public….. •  .3 increase in reputa4onal score (5.0 scale) •  We’re top 50 by virtually all other measures •  Reputa4onal score = “peer assessment” •  The key is faculty achievement and reputa4on 25 U.S. News & World Report Best Graduate Schools •
•
•
•
Environmental Engineering
Materials Civil Engineering Mechanical Engineering 25 42 49 54 *Other disciplines are not evaluated 26 U.S. News and World Report Rankings -­‐ Selected Universi4es 22.  Carnegie Mellon 35. Georgia Tech 44. Rensselaer (RPI) 71. Michigan State 75. Colorado School of Mines 96. Illinois Ins=tute of Technology 118.  Missouri University of Science and Technology 124. Michigan Tech and Clarkson (=e) 27 Michigan Tech Select Partnerships RESEARCH, SCHOLARSHIP, DEVELOPMENT 29 Role of a University A living system where: -­‐  Knowledge is transmifed from one genera=on to the next. -­‐  Knowledge is created. 30 Michigan Tech’s Special Role •  Educated People – People who can develop, understand, apply, manage and communicate science and technology (STEM). •  Create new knowledge – Transform it to benefit people. 31 Research and Development Maintains Quality Hands-­‐on Undergrad Learning -$x
-$0
research contracts -$x Directly Subsidize
equipment and faculty
No
Subsidy
faculty recogni=on, ranking lab equipment unranked, price compe==on top students industry exposure, hiring hands-­‐on learning fewer hands-­‐on labs, students FY06 Na4onal Rankings •  Michigan Tech now 173rd, up from 179th among 600 research universi4es •  Now 125th, up from 127th, among public universi4es, and 75th, up from 79th, in universi=es without medical schools •  Our highest ranked discipline: Mechanical Engineering, now 21st •  Mathema4cal Sciences: first appearance in the rankings at 79th FY2006 NSF Survey of Academic Research Expenditures 33 60
0
-20
-40
-60
-80
-100
-120
-140
-160
-180
-200
50
40
30
20
10
0
National Rank
Research Expenditure ($ Millions)
NSF NATIONAL RANK Fiscal Year
Expenditures
All-Rank
Public-Rank
34 Miscellaneous
Revenue, $15.65
Auxiliary Activities,
$24.91
FY07
Current Fund Revenue
$197.91M
Tuition and Fees,
$66.79
Grants and Contracts,
$42.43
Tuition and Fees
State Approps
Grants and Contracts
Auxiliary Activities
Miscellaneous Revenue
State Approps,
$48.13
35 ENDOWMENT 36 Endowment Per Student -­‐ Michigan •
•
•
•
U. of Michigan Michigan State Kefering Michigan Tech
11,715 •  Wayne State •  Western Michigan •  Saginaw Valley State
$ 177,229 29,619 24,402 Source: Princeton Review; America’s Best Colleges (as of 6/30/07) 10,031 8,386 3,949 37 Endowment Per Student -­‐ Na4onal •
•
•
•
•
•
•
Carnegie Mellon $ 165,249 Rensselaer Polytechnic 129,212 Clarkson University 60,705 Colorado School of Mines 48,114 Missouri – Rolla 22,643 Milwaukee School of Eng. 19,943 Michigan Tech
11,715 Source: Princeton Review; America’s Best Colleges (as of 6/30/07) 38 CAMPAIGN REPORT 39 Campaign Total To Date FY 08 gins FY07 gins FY08 corporate research FY 07 corporate research Selected FY 06 gins (discounts of planned gins)
1/31/08 $ 13.03 million 28.35 3.61 6.21 + 11.80 63.0 million -­‐ 3.0 $ 60.0 million OUR GOAL: TECHNOLOGICAL RESEARCH UNIVERSITY FOR THE WORLD 41 Michigan Tech: A Par4al Environmental Scan •
•
•
•
•
•
•
•
State Funding FY09 Budget Priority Student Recrui=ng Enrollment: A Balancing Act Rankings Research, Scholarship, Development Endowment Campaign Report 42 What Can You Do? •
•
•
•
Con=nue to promote Michigan Tech Do what you do best Help me to learn to make things befer Fill out the evalua=on of the President 43