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|May 31, 2016
TO: SDSU Faculty and Staff
As the summer begins, we have many accomplishments to celebrate and much information to share as a community. We write to provide updates on some of the important developments.
Graduation and Enrollment Update
A few weeks ago we celebrated our 117th Commencement – the highlight of our academic year and one that underscores the profound impact of SDSU on our greater community. Some things have changed since that first class of 26 graduates – the Class of 2016 contains nearly 9,900 graduates, and they were feted over four days at eight ceremonies. The pride of the graduates’ family and friends – 47,000 attendees this year – was once again evident as they cheered, recorded the moment in photos and videos, and shed the occasional tear. Under the guidance of our faculty and staff, the Class of 2016 left an important legacy. The number graduating with honors increased by nearly 5 percent, and class members raised $45,000 for an endowed scholarship to benefit future students – donors wore red-and-white cords at Commencement. We saw the birth of another commencement tradition when mechanical engineering graduate Austin Owens, founder of our Mechatronics Club, received the first Zahn Spirit of Innovation Award and a $25,000 cash prize funded by SDSU supporter Irwin Zahn. Austin is headed to his first job at SpaceX.
Turning to the future, enrollments remain stable, and we recruited another strong class. This fall we anticipate enrolling 3,400 new transfer students and 5,000 freshmen (average freshman GPA 3.72 and average SAT score 1119). Students of color will make up 60.2 percent of our freshman class.
Financial & Budget Update
Our budget outlook remains stable. We will finish the 2015-16 fiscal year with the budget balanced, and we project another balanced budget for 2016-17. The biggest change in our 2016-17 budget will be increased compensation for our faculty and staff. Governor Brown has proposed $148 million in additional continuing state funding for the CSU, and his May budget revise added $25 million in one-time funding for initiatives to increase graduation rates. The final budget will be determined by negotiations between the governor and the Legislature that will conclude by the end of June. Additional state funds will be used to support mandatory cost increases (e.g., increases in employee health-care costs), enrollment growth of 1 percent and a portion of the referenced compensation increases.
Strategic Plan Update
As we near the end of the third year of implementing our strategic plan, “Building on Excellence,” we wish to share our community’s accomplishments in several areas.
The Campaign for SDSU has reached the $695 million milestone, which includes $135 million for scholarships. The Campaign is enhancing our academic program through gifts like the classics endowment from alumnus David Stepsay that funds a post-doctoral fellow and the gift from former Jack in the Box chairman and CEO Linda Lang and husband Tom – both alumni – that establishes the Linda Lang Lecture Series to bring notable businesswomen to campus. We have seen a large increase in planned giving, with significant gifts from our extraordinarily generous faculty and staff. Former Undergraduate Studies dean and English professor emerita Carole Scott made a significant planned gift to create an endowment for Love Library and to support the Susan and Stephen Weber Honors College Endowed Scholarship. Athletics employee Nora Dawson and her husband, Mark, made a bequest to support sports medicine, new initiatives and scholarships in Athletics. Some $26 million has been pledged in bequests, charitable trusts and insurance in the current year. We anticipate that planned gifts will help double our endowment over the next 10 years.
We continue our efforts to enhance and renovate our academic and support facilities. We are pouring the foundation for our Engineering and Interdisciplinary Sciences Complex and expect to top off the structure with the last beam in early fall. South Campus Plaza is on schedule to open student housing in January and retail space in the spring of 2017. Our College Square facility on College Avenue underwent a major renovation and now provides classrooms for our College of Extended Studies. We also will pursue a large number of classroom and laboratory renovations this summer.
We are grateful for the hard work and extraordinary dedication of our faculty, staff and students. All of these efforts are creating the community achievements that will be a significant legacy for SDSU. We wish everyone an enjoyable and productive summer.
SDSU Budget & Finance Office : SDSU Internal Budget Process : CSU Budget Site : State of California Legislative Analyst's Office : Office of the Governor : SDSU Advocacy Action Center
|Visit University Update for more news and updates | University Update May 31, 2016|