
Office of Strategic Communication, media-request@uiowa.edu
The University of Iowa is distributing the first $7.5 million of the investment revenue generated from the public-private partnership (P3) for its utility system. The money will be used to support initiatives to bolster student success and develop and retain faculty, which are key to competing with the university’s larger, better-funded peers.
“The university entered into the P3 so we could fund the strategic plan, which we couldn’t do without additional resources,” says UI President Bruce Harreld. “These investments are the first step toward becoming a destination university that not only serves its home state but competes for the best students and faculty from across the nation and around the globe.”
The $7.5 million in one-time resources for FY21 will enhance student retention and success and improve research opportunities for faculty by:
The UI also is investing $2 million from the Office of the Provost in programs to help students make progress toward graduation; improve faculty scholarship opportunities; and support diversity, equity, and inclusion. The one-time resources, achieved through savings and conservative budget practices, are intended to address challenges due to, or exacerbated by, the pandemic and issues related to social justice by:
The strategic initiatives supported by the first round of P3 funding and the Office of the Provost were identified by the colleges and UI Path Forward work groups.
“The Path Forward work groups over the past several years have done a great job examining our strengths and opportunities and developing proposals for improvement. It’s provided the campus with a blueprint and momentum,” says Harreld. “I am so pleased that through the efforts of the provost, we were able to identify resources to fund several of these initiatives.”
The UI Path Forward Steering Committee, co-chaired by Interim Executive Vice President and Provost Kevin Kregel and Vice President for Research Marty Scholtz, is finalizing the criteria and process for applying for the FY22 round of P3 grants. The criteria will be released to campus later this semester.
About Path Forward
The current four Path Forward work groups, which are composed of campus leaders and members of shared governance, were created in fall 2017 to advance the implementation of Iowa’s Strategic Plan 2016–2021 through targeted investments. The work groups built upon forward momentum created by the first two Path Forward groups that convened in spring 2016.
“We have extraordinary leaders all across our campus. I would especially like to thank the co-chairs of our Path Forward groups,” says Kevin Kregel, interim UI executive vice president and provost. “Without their efforts and the efforts of their work groups, we would not be in a position to invest in improving outcomes for our students, faculty, and staff.”
The Path Forward work group co-chairs include: