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Enhancing Higher Education: Endowed Faculty Positions & Areas of Excellence. Wyoming Public Hearings Spring 2005. Welcome. Thank you for your interest in Wyoming’s university!
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Enhancing Higher Education:Endowed Faculty Positions& Areas of Excellence Wyoming Public Hearings Spring 2005
Welcome • Thank you for your interest in Wyoming’s university! • Charge to conduct public hearings from law establishing an endowment for faculty positions to promote excellence in higher education (SF122, 2005 Wyoming Legislature) • Will provide background information prior to hearing • Sign up if you would like to testify • Hearing being recorded
“Wyoming Excellence in Higher Education Endowment” • SF122 established a planning committee & membership (see information packet) • Committee to submit implementation plan to Legislature’s Joint Appropriations Committee and Joint Education Committee by October 1, 2005 • Community College Commission & UW to provide the committee with support • UW to provide results of public hearings
Purpose of Public Hearings • To summarize the endowment funding • To explain “endowed” faculty positions • To discuss the disciplines which address Wyoming’s economic and social challenges specified in SF122 • To discuss the UW programs and areas emphasized in Academic Plan II • To receive information state-wide about interest in areas of excellence at UW
Wyoming Higher Education Endowment (SF122) • “Wyoming Excellence in Higher Education Endowment Account” to establish faculty endowed positions • $105M to be funded over 3-5 years & permanently invested • 2/3 for UW, 1/3 for Wyoming CCs • Only earnings from permanent investments can be spent • About $3.3M annually for UW endowed faculty positions
Endowed Faculty Positions • Great faculty make a great university • Endowment funds allow UW to recruit, retain, & support the faculty with established national or international reputations • Excellence in teaching & research – they go hand in hand
Current UW Academic Programs • UW colleges • Agriculture • Arts & Sciences • Business • Education • Engineering • Health Sciences • Law • UW degrees • 83 baccalaureate degrees • 64 master’s degrees • 28 Ph.D. degrees & other (Ed.D, J.D., Pharm.D)
Rochelle - Animal Science (Stephen Ford) Stroock - Natural Resource Conservation & Management (Jason Shogren) Guthrie - Banking (Sherrill Shaffer) Examples of UW Endowed Faculty Positions
Disciplines Addressing Wyoming’s Economic & Social Challenges (SF122) • At least 2/3 of funds for positions in: • Energy and natural resources • Wildlife • Science • Earth science • Health sciences • Agriculture • Education (at least 4 positions) • Engineering
Areas of Distinction in UW AP II • Remaining earnings for positions in: • Cultural endeavors, arts & humanities • Environment & natural resources • History & culture of Wyoming & Rocky Mountain region • Life sciences • Professions & issues critical to region • Science & technology
Hearing & Public Input • Please keep comments focused to ensure time for everyone to testify. • UW will provide the planning committee with a summary of all comments & retain the tape recording. • Written and email comments are welcome before June 7 (see information packets). • Information, including summaries of hearings, on website: www.uwyo.edu/greatfaculty
Available Materials • Powerpoint presentation • Copies of UW Academic Plan II summary • Stamped, addressed envelopes & an email address (greatfaculty@uwyo.edu) to send further written comments • Members of planning committee • Schedule of hearings
Public Comments? We want to hear your opinions about which areas are most important for the state to emphasize as it develops new faculty positions.
Challenge Areas: Energy & natural resources Wildlife Science Earth science Health sciences Agriculture Education (4 positions) Engineering UW Areas of Distinction: Cultural endeavors, arts & humanities Environment & natural resources History & culture of Wyoming & Rocky Mountain region Life sciences Professions & issues critical to region Science & technology Wyoming Challenge Areas (SF122) & UW Areas of Distinction (APII)