Developing a Sustainable Financial Model
Explore revenue-generating opportunities for the school and develop
two to four specific business plans.
Current options being explored include additional study abroad,
summer school, master-level, and certificate programs. We have hired
a consultant to evaluate potential for expansion of master-level
programs and certificates.
Explore possibilities for improving efficiency in delivering
administrative services to academic departments.
Evaluate administrative support in departments to determine which
services are currently needed but not provided and which may be
redundant. This will be explored as part of Tufts Effectiveness in
Administrative Management (TEAM) effort.
Launch a two-year financial aid initiative for A&S&E.
The foundations for this two-year $25M annual fund goal have already
been laid, and solicitations began in earnest July 2012. By December
2012, more than $5M had been raised.
Increase grant activities and indirect cost recovery (ICR).
Hired a second person in the A&S research affairs office in 2012 and
added additional administrative support with the opening of 200
Boston Ave. in fall 2012. Changing ICR policy to encourage
grantsmanship and hiring a third person in A&S grants
administration/sponsored programs in FY13-FY14. We will be working
closely with the new vice provost for research administration to
develop efforts across the schools at Tufts.
With the support of University Advancement, set goals to increase
giving to the A&S&E Annual Fund to support our ongoing needs in a
Expanded the concept of "road shows" in which A&S
deans will meet with alumni and friends of Tufts across the country
to build support for the Annual Fund. The A&S Board has made a
commitment to support the Cohen renovation project through