Pillar #5 – Sustainability
Commitment
SIUE will be bold in its commitments and ensure that resources align with University priorities. The University will diversify its revenue streams and serve as thoughtful stewards of resources to pursue identified goals and contribute to inclusive economic growth and development in the region and beyond.
Proposed Goals
SIUE will diversify its revenue streams by increasing net tuition revenue by 9% and creating new opportunities to cover 10% of operational costs with philanthropic giving and other new revenue sources. These changes will promote long-term financial well-being as SIUE budgets are realigned to ensure excellence.
Strategic Objectives
- Maintain key financial and efficiency ratios at or above desired levels.
- Maintain or increase affordability for students with competitive pricing and effective financial aid leveraging.
- Increase net revenue generation within the University’s interests in academics, scholarship and public service.
- Strengthen our commitment to economic, environmental, and social sustainability to meet the needs of current and future generations.
- Engage in responsible management of physical and technological investments in order to ensure University operations and address future needs.
- Increase philanthropic giving by all faculty, staff, alumni and the community.
- Establish revenue growth goals for each of SIUE’s tuition rates.
- Leverage scholarships and maximize their impact for students and net revenue.
- Develop a multi-year approach to planning for tuition, fees and discounting.
