Office of the President

Indiana University ranks fourth in the Big Ten, ninth among public universities, and 21st among all colleges and universities in the nation in the amount of support it received from the private sector in fiscal 2009.
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Indiana University has identified $29.3 million in base budget cuts but still must find another $58.9 million in one-time cuts to fully comply with mandated reductions in state aid. Neil Theobald, vice president and chief financial officer, today issued a progress report on how the university is responding to the reduced level of state funding it expects to receive this year and next.
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Indiana University moved into the top 30 for the first time in Kiplinger's Personal Finance magazine's rankings of the "100 Best Values in Public Colleges." IU, which ranks 28th overall, was third among Big Ten universities.
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Indiana University President Michael A. McRobbie issued the following statement this evening (Dec. 22) after the announcement regarding budget cut allocations for the state's higher education institutions. "While we greatly regret the necessity of budget cuts of this magnitude, it remains essential that we implement them in ways that preserve and protect the quality of our teaching and research missions at Indiana University," said McRobbie. "However, no one should underestimate the very serious challenge that this deep cut represents nor the impact it will have on IU's broader contributions to the state."

Indiana University has achieved $177 million in operating expense reductions as part of an ongoing university-wide cost-containment effort, university officials announced today (Dec. 16). Over the next decade, officials added, IU will realize nearly $1 billion in cost savings from this effort.
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To help the Indiana University School of Medicine tap that powerful combination of science and medicine Lilly Endowment Inc. has given the school $60 million, university and Endowment officials announced Tuesday (Dec. 15).
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