Eli Capilouto

Promises Made, Promises Kept

Published: Jun 13, 2013

Tuesday afternoon, the Board of Trustees overwhelmingly adopted a $2.7 billion university budget for the upcoming year, which starts July 1.
 

This budget, however, is more than simply a litany of numbers and huge dollar figures, laid out in an array of charts and graphs.
 

As a board and as an institution, we have made substantial promises to the Commonwealth we serve and to the students we educate.
 

This budget demonstrates in strategic detail and with a sense of strong and clear purpose that we are keeping those promises.
 

Indeed, the Board this afternoon strongly endorsed our institution's direction articulated nearly two years ago after months of campus dialogue about priorities and challenges we face as Kentucky's indispensable institution. Simply put, we seek to lead our Commonwealth by investing in our students and in the people who educate them.
 

Some highlights that underscore that strong direction:

  • Merit-based salary increases for our faculty and staff at a cost of more than $20 million. In addition, the University is funding the increase in health premiums for most employees.
  • 3 percent tuition and mandatory fee increases for resident students – the smallest in 15 years -- and 6 percent for non-residents.
  • Investments in safety and technology, investments that will, for instance, allow us to hire more counselors at our student counseling center to cut down on wait times as well as additional police officers on our campus.
  • A more than $1 million investment in eLearning to develop more courses and help with faculty and program development to assist in the transition to an even greater use of technology in the classroom. This investment augments the recent partnership we announced with one of the country's leading educational technology companies, Coursera, to provide greater online learning opportunities for prospective students.
  • An additional $7 million investment in scholarships and financial aid; 85 percent of Kentuckians who attend UK receive financial aid ― aid that does not have to be repaid. That continued investment meant that these Kentucky students paid, on average, only about $1,200 a semester out-of-pocket for tuition and mandatory fees last fall.
  • Millions of dollars for facility costs including maintenance and repairs; restoring some funding to our libraries; and, making additional strategic investments in academic departments and units that establish specific performance goals against which their progress will be measured.
  • Creating a debt service pool, totaling over $10 million, which we will utilize to help pay for facilities such as the new Science and Academic Building.

 

This institution, simply put, is on the move. We have momentum because we are focused on the right things for the right reasons ― investing in students, investing in people and investing in the facilities that help make learning, research and service possible. Our inarguable progress, though, is not a reason to rest. We face many challenges ― both economic and from those who argue that investment in higher education is an illusory proposition whose promise has long since faded.
 

We are Kentucky's indispensable institution because we are willing to adapt and change even as we honor a legacy of excellence built over 150 years. Our progress thus far ― and the solid foundation we are building together ― gives me incredible optimism about what lies ahead for the University of Kentucky. Thank you for what you are doing to make that optimism real.
 

"see blue."

 

 

September
 
1
Employee Educational Assistance Award
Labor Day - Academic Holiday
Mon
2
Employee Educational Assistance Award
Internship Info Session
Student/Faculty/Staff Mixer
Tue
3
Employee Educational Assistance Award
LNFS Presents: The Wolf of Wall Street
Last Day to Add a Class
Last Day to Drop a Course with 80% Refund
UK Volunteer Fair
Wed
4
LNFS Presents: Children of Men
LNFS Presents: How To Train Your Dragon 2
Black and Latino Male Initiative
Advance Your Swagger: A Night with Fonzworth Bentely
Thu
5
Kentucky Volleyball vs. Northern Iowa
Kentucky Volleyball vs. USC
LNFS Presents: Spirited Away
LNFS Presents: Mulan
Fri
6
Free Saturday Swing Dance Lessons
Kentucky Football vs. Ohio
#maxfest (Ukirklex Campus Ministry)
Kentucky Volleyball vs. Creighton
Lets Swing Dance!
Sat
7
Kentucky Women's Soccer vs. Morehead State
Sun
8
Diversity Organization's Council
Kosher/Soul? (Jewish, African American & Appalachian culture Fuse)
Mon
9
Working Moms Connection
Job Club - Job Search Strategies for Fall
Rock Star Professionalism Series
Tue
10
Massage on the Go
College: Do the Right Thing- A conversation with Dr. Smith
The Future of Islam
LNFS Presents: Fight Club
Wed
11
9/11 Vigil
UKNABJ presents: Ferguson, Missouri: A look at media, politics and black youth in the U.S.
LNFS Presents: Mr & Mrs Smith
Duo Damiana, Molly Barth and Dieter Hennings
LNFS Presents: 22 Jump Street
Thu
12
LNFS Presents: Searching For Sugarman
LNFS Presents: Sin City
Fri
13
Free Saturday Swing Dance Lessons
Men's Soccer vs. ETSU
Sat
14
Kentucky Women's Soccer vs. Pepperdine
Sun
15
Kentucky Week Farmer's MarCat and Craft Fair
Majestic U.N.I.T.Y.
Mon
16
Justice Delayed not Justice Denied: A Talk with Dough Jones
PRHBTN Gallery Reception and Concert
Men's Soccer vs. Xavier
Chellgren Seminar Series: Buck Ryan
Tue
17
Internship Info Session
Last Day to Drop a Course Without Appearing on Transcript
Caregiver Support Group
LNFS Presents: The Immigrant
Big Blue Commonwealth
Wed
18
LNFS Presents: Watermark
LNFS Presents: X-Men: Days of Future Past
Ryan Gardner Guest Trumpet Recital
Kentucky Volleyball vs. Lipscomb
Thu
19
LNFS Presents: A Band Called Death
LNFS Presents: Prisoners
The Case for Fossil Fuels-PEIK Seminar
Men's Soccer vs. Furman
Fri
20
Rock Climbing @ Red River Gorge
College of Pharmacy Open House
Kentucky Volleyball vs. Xavier
Sat
21
 
Sun
22
Diana Ferrus: 'Writing poetry has allowed me to live': Cultural Resistance in South Africa
Kentucky Law Schools Forum
Mon
23
Pinterest Party
University of Kentucky Chamber Winds
Employer Showcase
Job Club - 10 Questions to Ask Prior to Starting a Business
Men's Soccer vs. Lousville
Tue
24
Employer Showcase
Last Day to Drop a Course with 50% Refund
UK Elder Care Lunch & Learn
BPH Open House
Documentary Film Screening - Heaven + Earth + Joe Davis
LNFS Presents: Saving Mr. Banks
Wed
25
LNFS Presents: Culture Jam
LNFS Presents: Maleficent
¡Baila!
Thu
26
LNFS Presents: Ponyo
LNFS Presents: The Little Mermaid
Opening Night Bohemiam Festival
White Water Rafting @ Chattooga River
Women's Soccer vs. Mississippi State
Fri
27
White Water Rafting @ Chattooga River
Kentucky Football vs. Vanderbilt
Free Saturday Swing Dance Lessons
Green Apple Day of Service: "Pick It Up"
Swing Dancing!
Sat
28
White Water Rafting @ Chattooga River
UK Chorale
Dirty Dancing Trip
Kentucky Women's Soccer vs. Auburn
Sun
29
 
Mon
30
#TrendingTopics: Immigration Reform
Apollo Duo - Flute and Percussion Guest Recital
Tue
 
 
 
 
Sep 18
LNFS Presents: Watermark 09/18/2014

Sat, 09/20/2014

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