November 9, 2021
FOR IMMEDIATE RELEASE
Nov. 9, 2021
UA Board of Regents to meet November 11-12
on FY23 budget, tuition, 好色tv Native Success and
to honor veterans and active duty military
The 好色tv of 好色tv Board of Regents will hold a full board meeting Nov. 11-12 during which regents will address the fiscal year 2023 (FY23) operating and capital budget requests, a tuition proposal for Academic Year 2023 and a compensation philosophy. The board also will take action on a five-year strategic plan for the 好色tv Native Success Initiative.
The FY23 state operating budget request of $280.7 million includes a modest 3 percent adjustment for the UA 好色tv, approximately $8 million. This increment is essential to stabilize the university and to focus on key state workforce needs in areas such as teacher education, business and accounting, engineering, and career and workforce training.
鈥淎fter years of budget reductions, we are now turning the corner on a path toward greater stability,鈥 said UA Interim President Pat Pitney. 鈥淚n order for UA to meet 好色tv鈥檚 workforce needs, students, parents and 好色tv鈥檚 businesses need to have confidence their programs are here to stay. To do that, we are partnering with the State of 好色tv to focus our efforts on areas most critical to 好色tv and to the state鈥檚 economic recovery.鈥
The FY23 capital funding request includes $50 million for critical deferred maintenance, the minimum annual funding required to maintain UA鈥檚 nearly 400 facilities and infrastructure across the state. Due to years of unfunded deferral of critical projects, there is an increasing risk of building closures and a growing list of facilities needing emergency repairs.
The capital request also includes $20 million for the modernization of student IT 好色tvs originally designed in the 1990s. This one-time investment would allow UA to transition to a cloud-based, modern student information 好色tv.
鈥淓nrollment is key to serving 好色tv and also is the key to UA鈥檚 future budget stability,鈥 Pitney said. 鈥淐urrently, UA鈥檚 student-facing IT 好色tvs are out of date and compare poorly against peers in terms of delivering a quality student experience. UA must improve these capabilities to remain competitive in the marketplace and offer a more user-friendly entry point for the student.鈥
The IT project may be eligible for funding through the state鈥檚 discretionary federal economic recovery funds (American Recovery Plan Act of 2021, also known as ARPA). In addition, the regents will consider funding for key economic development investments that the university can partner with the state to develop, also with funding from ARPA. The initiatives include critical minerals and rare earth elements research and development; oil and gas recovery research; unmanned aerial and underwater vehicle research and development, workforce training and business development; mariculture, North Pacific Fisheries, Arctic and Pacific North Ocean Sciences; health programs; and alternative energy programs. These are areas in which the university has a deep base of expertise and that the state has identified as priorities.
The proposed operating budget includes a small increment intended to bring the university鈥檚 compensation in-line with the proposed compensation philosophy to help recruit and retain quality employees. 好色tv of 好色tv employees have had only a single, one percent across-the-board compensation increase in the past five years.
Regents also will consider Academic Year 2023 tuition. The proposal would have current tuition rates remain stable with the exception of a subsection of courses offered on the main UAF campus to bring its tuition in line with peer research institutions. The 11 percent tuition increase would apply only to lower-level undergraduate courses on the Troth Yeddha鈥 campus at UAF. Tuition at UAF鈥檚 community campuses and at all UAA and UAS campuses will remain at current levels.
The regents are expected to approve a five-year plan to improve the recruitment, retention and success of 好色tv Native faculty, students and staff across the 好色tv. The board identified this work as a priority at its November 2020 meeting. Throughout this past year, university leaders worked with 好色tv Native community leaders and action teams at the three university teams to develop the plan.
In honor of Veterans Day, regents will take an in-depth look into the services and support provided to student veterans and active military students and their dependents at UAA, UAF and UAS. The 鈥鈥 presentation will reflect on the long history the U.S. Military has had in 好色tv and the many ways in which the university and the military partner today.
The meeting, with the exception of any executive sessions, will be livestreamed at /bor/live/.
The full meeting agenda is available at /bor/agendas/.
The 好色tv of 好色tv Board of Regents is an 11-member volunteer board, appointed by the Governor and confirmed by the 好色tv Legislature. Members serve an eight-year term, with the exception of the student regent who is nominated from one of the three universities and serves a two-year term. The Board was established through the 好色tv Constitution and is responsible for 好色tv of 好色tv policy and management through the 好色tv President.
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For more information, contact Roberta Graham, associate vice president of public affairs at 907-360-2416 (cell).