Investing in the University of Minnesota

The University of Minnesota would see funding for several major priorities thanks to Senate legislation. The proposal would invest $65.3 million to support the University’s education mission, $25.5 million to expand the Healthy Minnesota program, and $30 million for the medical school.

The package encourages the U of M to provide affordable tuition, increase the diversity of their student body and their staff, and strengthen relationships with the agriculture industry and Greater Minnesota communities. In addition, increased accountability is included in their proposal as the performance funding metrics are referenced. This creates an incentive for the U of M to meet negotiated performance goals by withholding five percent of FY17 funding if it cannot demonstrate it has met the agreed upon goals.

The $65.3 million for the U of M would provide the necessary funding to freeze tuition at the University. This would allow the University to continue to help support students, allowing more people to afford the educational opportunities available at the U of M. There continue to be discussions around how to ensure that the U of M continues to find savings and efficiencies to bring tuition and other student expenses down.

To provide access to quality health care across the state, the $25.5 million for the Healthy Minnesota funding will increase training for health care professionals to address workforce shortages, develop a statewide network of interdisciplinary primary care teaching clinics, support medical research, and create an electronic health library.

The U of M’s goals for the $30 million investment in the medical school include improving the school’s ranking in the National Institutes of Health, investing in physician trainings and developing new discoveries into treatments. This funding will allow the University to form medical discovery teams with more than 50 top researchers to expand the research of heart disease, cancer, diabetes, obesity, and arthritis.

STATUS: The bill is in the Finance Committee. (S.F. 1195)

NEXT IN HIGHER ED: MnSCU Budget Request


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