Global Education Fund Supports Student Experiences
December 5, 2011
In the face of a difficult economy and substantial budget cuts, UNC Global is focusing on new strategies to maintain and strengthen Carolina’s rapid rise as a leading global university.
Continuing budget woes are affecting both the university and UNC Global in several keys ways. Since 2009, the university has absorbed more than $231 million in total state cuts, with this year’s permanent state budget cut amounting to $100.7 million. In this time, students have lost 556 course sections and are being forced into much larger classes. Carolina is also struggling with faculty retention –the University only retained 32 of 110 faculty members who received offers from other universities. Seven of UNC’s area studies centers endured a 46% reduction in Year One funding from the U.S. Department of Education.
Addressing the impact of these budget cuts, UNC Global announced plans to maximize the global experience for students by focusing on the following four strategies — maintaining a global faculty; strengthening the University’s global research capacity; creating enduring global partnerships, including faculty and student exchanges abroad; and expanding UNC’s capacity to support globalization.
“UNC Global is actively exploring sustainable solutions to help us meet the needs of our global programs in these difficult budgeting times,” said Ron Strauss, Executive Vice Provost and Chief International Officer of UNC Global. “This year, we were able to absorb these cuts in part because of previous gifts to Global Education Fund. UNC Global has established a long-term goal over the next three to five years to raise up to $500,000 in annual support through the Global Education Fund to help address these ongoing funding challenges.”
With the generous support of Peter McMillan ‘81, UNC Global will be continuing its $50,000 McMillan Challenge for a second year. The McMillan Challenge promises to match new and increased donor gifts to the Global Education Fund up to a total of $50,000. Last year, the program generated nearly $70,000 in new contributions, with 100 percent of those funds going directly to sustain global programs that make Carolina a leading global university.
In response to University-wide felt budget cuts, UNC Global will continue to monitor and direct critical funding through the Global Education Fund to the University’s top global priorities.
Gifts to the Global Education Fund can be made online. To be eligible for 2011 tax exemptions, all gifts mailed to the University must be postmarked by Dec. 31, 2011. Online gifts must be entered and received no later than 12:00 noon on Thursday, Dec. 29.
Your support matters – please make your gift today.