Purdue Engineering Strategic Plan
Investing in Our Dreams
Making the stories come to life will require significant resources over the next several years and beyond to sustain the momentum that our roadmapping teams have built. As detailed below, resources will come from many sources, with private fundraising as the key enabler of our envisioned future. The last area, Cost and Resource Management, asks us to identify ways we can conserve resources so reserves can be refocused on our highest priorities.
A $530M investment in the future by Purdue stakeholders, alumni, partners, and friends −
|Scholarships, Fellowships & Student Support||$105M|
|International & Experiential Programs||$10M|
|College-wide i2i Learning Labs||$20M|
|Student Projects Facility||$10M|
|"Faculty of 2020"||$5M|
|Endowed Professorships, Global Fellows & Scholars||$25M|
|System of Systems Institute||$15M|
|World-class Research Facilities||$25M|
|Post-award Support & Research Galaxies||$25M|
|Innovation Ecosystems: Innovation Institute, Skunkworks, Collaboratory||$75M|
|Endowed Innovation Fellow & Agents||$20M|
|Alumni/ae Classroom Innovators||$15M|
|Leadership Sabbaticals & Fellowships||$10M|
|Faculty Learning Communities||$10M|
|Faculty Rotations & influencers in Residence||$20M|
|"Staff of 2020"||$20M|
|Center for Diversity (Coe/C4D)||$30M|
|Other Capital Projects & Unrestricted Support||$50M|
|Core facilities in CoE, ABE, CE, ECE, IE, ME, NE and unrestricted support|
We will continue to look for ways to generate new revenue streams to support and sustain new initiatives. Our best current example is Engineering Professional Education.
We will reallocate 2% of general Funds and align discretionary expenditures to support our highest priorities.
Both the university and the college set goals to double research expenditures by 2014, which suggests a six year annual growth rate of ~15% per year for the college.
We will work with the university to share investment in activities that support common goals and strategies.
Cost and Resource Management
As a Land Grant institution supported by the State of Indiana, we recognize our obligation to the state’s citizen’s to provide affordable education and stewardship of the resources entrusted to us for this purpose. The college will search for implementable resource efficiency measures in all its operations, including improvements to policies and procedures, provision of required services, and resource effective improvements to infrastructure. These efforts will be on-going, performed in a culture of continuous improvement.