Indiana University

News Release

Friday, May 9, 2003

Last modified: Friday, May 9, 2003

Plans for Commitment to Excellence funds announced

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Indiana University Bloomington will hire more full-time tenure-track faculty and establish comprehensive programs in human biology and interdisciplinary science as a part of its Commitment to Excellence plan presented today (May 9) to the IU Board of Trustees.

The Commitment to Excellence program will be funded by a $1,000 per academic year fee increment assessed to new undergraduate students at the Bloomington campus beginning this fall. For 2003-04, the new fee is expected to generate $7.1 million. Over the next five years, the investment will provide approximately $28 million in new base funding for Bloomington campus programs.

IU trustees approved the new fee in 2002 as a way to enhance the academic excellence of the university. The academic fee increment will be $800 at IUPUI and $500 at the regional campuses for full-time equivalent students.

IUB Chancellor Sharon Brehm created a strategic planning committee in September 2002 which outlined broad themes and academic priorities for the campus as well as the process used to evaluate Commitment to Excellence proposals.

"These investments are intended to significantly enhance Bloomington's academic reputation, benefit our students, and contribute to the long-term well-being of Indiana," Brehm told the trustees.

Of total base funding available over the next five years, $4.28 million (15 percent) will be dedicated to match private financial aid contributions for students; $21.2 million (75 percent) will be used for new faculty and the supportive academic program costs; and $2.78 million (10 percent) will be used to match graduate fellowship contributions.

As these funds are phased in, various start-up costs also will be incurred, such as academic equipment and space needs. Because the programs will be introduced over a period of several years, the one-time costs will be covered by general Commitment to Excellence funds.

Brehm outlined seven projects that have been selected for this first year of development. These include:

"We expect to hire more than 135 faculty members through this program. That is a 10 percent increase in the number of full-time tenure track faculty at our campus. We'll also build an undergraduate scholarship endowment and a graduate fellowship endowment," said Brehm. "The investment we make now in programs will help us leverage the grants and contracts that our researchers receive and will maintain our competitiveness among top-tier research universities."

Here is a synopsis of how Commitment to Excellence funds will be used at other Indiana University campuses:


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