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Six-Year Plan

Enrollment Plan | Academic Plan

Response to Statewide Goals

1. Provide Access to higher education

Underrepresented populations:

  • Increase applications of underrepresented undergraduates by 6.7% above 2004 base (1724) in each biennium
  • Increase new transfer enrollment (in-state) to move from 15,200 to 16,200 total in-state undergraduates by 2012

2. Provide affordable higher education

Funds for the Future Financial Aid Initiative (Available Fall 2006)

Family Adjusted Gross Income (Per IRS Tax ReturnFamily Responsibility for Tuition and Fee Increases
Less than $30,0000%

3. Offer a broad range of mission-relevant academic programs

  • Increase undergraduate enrollments in science, agriculture and natural resources discipline above 2004 base (5027) by 2% each biennium by 2012
  • Increase undergraduate enrollments in engineering discipline above 2004 base (5580) by 2% each biennium by 2012

4. Initiate continuous, rigorous assessment of academic programs

  • Engage in continuous rigorous program review schedule for all undergraduate and graduate programs on a seven-year cycle consistent with state and regional (SACS) accreditation guidelines

5. Improve student retention

  • Improve first to second year retention rates of undergraduate students from 2004 base to 88% by 2008, 88.5% in 2010, and 89% by 2012
  • Improve total number of undergraduate degree awards/annual FTE of degree-seeking from 2004 base of 22.2% to 22.5% in 2008, 22.75% in 2010, and 23% by 2012

6. Develop articulation agreements

  • Implement articulation agreement with 23 community colleges that will allow students who have completed the appropriate associates degree with at least a B average to automatically transfer into the College of Agriculture and Life Sciences by 2008
  • Implement articulation agreement with 8 community colleges that will allow students who have completed the appropriate associates degree with at least a B average to automatically transfer into the College Engineering by 2010
  • Continue to implement prior agreements and develop articulation agreements with VCCS that pertain to two more colleges at Virginia Tech that allow automatic transfer by 2012

7. Stimulate economic development

  • Created and implement one new strategic alliance with private sector through the Southside Initiative and the Institute for Advanced Learning and Research to enhance economic and community development in each biennia
  • Increase by at least one program the total number of academic programs offered in the National Capital Region in each biennium
  • Increase by at lease one the total number of strategic alliances focused on economic and community development in southwest Virginia and other areas of the state with identified needs in each biennia

8. Engage in research

  • Based on anticipated incremental investments by the University and the state through GF allocations, Virginia Tech plans to increase the level of externally funded research as follows: to $212 million by 2008, to $293 million by 2010 and to $382 million by 2012. (From 2005 base of $155 million)

9. Develop K-12 partnerships

  • Increase the number of participants involved in K-12 Outreach and Pipeline Initiatives from 2005 base by 5% in each biennia
  • Increase the number of continuing education courses conducted for K-12 faculty and staff advancement from 2005 base by 5% in each biennium

10. Financial Plan

The Restructuring legislation calls for each school to prepare two options that phase in full funding for base budget adequacy and 60th percentile for faculty salaries by 2011-2012.

The legislation further states that one option should not assume any additional state funds and the second option should assume partial state funding.

SCHEV Template: The plan covers elements of the university budget including Agency 229 (Virginia Cooperative Extension and Agriculture Experiment Station Division).

Option I: No new state dollars during the six years

Highly unlikely.

Annual tuition increases for in-state undergraduate students would be between $513 (9.7%) and $880 (16.63 %). In order to maintain financial aid commitments, additional increases would be necessary to cover the financial aid NOT provided by the State in this scenario.

Option II: Increases in new state dollars based upon current funding.

Assumes state funds each incremental dollar by paying 67% of an in-state student?s cost and 0% for an out-of-state student?s cost, which results in a composite percentage of 56% general funds and 44% nongeneral funds for Virginia Tech.

The University spread base adequacy and faculty salary requirements over the six year period. However, using SCHEV recent budget calculations Virginia Tech would need $22.6 million for faculty salaries and $30 million for base adequacy.

Annual tuition increases for in-state undergraduate students would range between $333 (6.3%) and $418 (7.9%).

The actual amount of tuition increases would depend upon the amount of funds Virginia Tech receives from the state.

A portion of the tuition increases would be a component of the institution?s commitment to financial aid and part of the Funds for the Future program.

Enrollment Plan | Academic Plan