Making VIA Investments through the Strategic Initiative Fund
Each school/college Strategic Plan contains proposals for enhancing the competitive position of the unit, and, by extension, the University. The first step in making VIA investment decisions is to extract a strategic developmental agenda from each school/college plan, an agenda that provides a logical path of sequenced actions (and one that clearly presents the interdependencies of actions). With these developmental agendas in hand, University leaders can use the “levers of competitive movement” as criteria in evaluating VIA grant proposals.
The initial application cycle for Strategic Initiative Fund grants will commence with the opening of the 2005-06 academic year. The grant application will be available with a submission deadline of October 10, 2005. Approximately $1.4M of the initial $1.8M will be made available for initial year funding. Project evaluations and announcement for 2005-06 funding will conclude no later than Nov. 16, 2005. This calendar will be evaluated to determine the application cycle for future grant periods.
Strategic Initiative Fund—Initial Investments
Initial VIA funding decisions for the 2005-06 academic year, totaling approximately $400,000, were made during the spring semester of 2005. These allocations include:
- A significant increase in funding selected graduate stipends with the strategic intent of increasing the number and quality of individuals attracted to the TCU graduate program;
- Commencing the “Successful Graduation” initiative, a program that aims to decrease undergraduate attrition significantly within five years;
- An academic CD, whose purpose is to better prepare incoming freshmen for the challenges of the new environment that they are facing. This CD links to the “Successful Graduation” initiative (above) and to more robust strategies with respect to academic advising and preparation;
- Establishment of a Center for Child Development, emphasizing the training of personnel who can give direct aid to children from challenging backgrounds;
- Support for aspects of the Transitions Program for undergraduates, a program that takes a holistic approach to the problems and possibilities facing our students.