“There’s the wedding, the birth of my children, and this probably falls next in line,” he says.
UWM has had incredible impact on the region with cutting-edge research and the success of its alumni, Mone says. But as the university looks to “move forward boldly,” one challenge he sees is a difficult financial climate created by enrollment declines, decreases in state and federal funding and competition from an ever-increasing number of colleges and universities.
“I view the role of the chancellor, fundamentally, as identifying the resource base and generating additional resources for the campus to be successful – for students, for research and for service,” Mone said in a Nov. 24 campus address.
Here’s a look at how he plans to do that:
More of UWM’s budget comes from tuition than state taxes, and Mone has brought an “urgent focus” to stabilizing the school’s enrollment after recent declines. Named interim chancellor in April, he created an action team to look at admissions, scholarships, student engagement and other factors that help attract and keep students.
The work has already paid off with a more diverse freshman class and one of the largest groups of veterans enrolled at any public university. Mone says more work needs to be done in reaching out-of-state and international students.
“This is our future,” Mone says.
UWM’s last capital campaign raised more than $100 million, and Mone says the university needs to “exceed that dramatically” with Vision 2020, its current effort. To do that, he has been making “near-daily” visits and calls to potential donors.
“Vision 2020 is about students, faculty and innovators,” Mone says. “Think about the importance of supporting all three of those.”
GRANTS AND CONTRACTS
Public and private grants provide critical funding for university research. Mone says UWM should double its research grants by 2020 from the current $60 million per year.
“This is an ambitious goal, but is it doable? Absolutely,” Mone says. “With the groups that we have, with our talent and our faculty, with the types of partnerships and the relationships that we have in so many different areas … we can achieve this.”
ONLINE EDUCATION AND OTHER SOURCES
Online education, licensing agreements and joint ventures offer other opportunities for UWM. Mone points to UWM researchers’ and students’ work at the Global Water Center as one example of the type of the public-private partnerships that help the regional economy as well as the university. But he says they are not alone.
“You go through school and college, program after program, we have amazing talent,” Mone says, “We have remarkable contributions that we’ve made, and we can do so much more.”