logo
University of South Florida plans faculty growth as others freeze

University of South Florida plans faculty growth as others freeze

While billions of dollars in cuts in federal funding have led many universities across the country to freeze hiring, the University of South Florida sees an opportunity to grow.
On Wednesday, Provost Prasant Mohapatra told the Board of Trustees' Academics and Campus Environment Committee that the current climate has created a 'window of opportunity' for USF. He said they may need to be 'more aggressive' in recruiting faculty.
'I see a jump in quality in the market of the faculty available out there, as not many cities are going through the recruitment process right now,' Mohapatra told the BOT.
Mohapatra was not immediately available to comment on whether new hires will be targeted for current vacancies or for specific areas of research.
The 2025 Accountability Plan & Strategic Plan update highlights the need to grow USF's endowment and emphasizes the goal of enriching faculty development for teaching and research. It was unanimously approved by the BOT.
In this challenging environment where federal research dollars are restricted, Mohapatra said it is crucial that all new hires are 'trained aggressively' in writing grant proposals. The APSP also calls for a focus on growing research awards, especially large multidisciplinary ones. USF hopes to achieve $1 billion in research funding by 2030.
President Rhea Law, who announced her plans to retire in February, said many of the strategies the university hopes to pursue will be fleshed out once a new president is secured.
USF enrollment
Despite the hurdles many in higher education face — funding cuts, a rapidly approaching enrollment cliff and a national trend of turning away from academia — USF is still meeting and exceeding its performance from the prior year. Retaining preeminence will be crucial to not only recruiting but also retaining talent already employed at USF.
According to the 2025 APSP, USF met all 13 benchmarks required for preeminence. It met and exceeded performance from the prior year in 11 of the 13 metrics.
Unlike many universities struggling to keep enrollment up, USF has had years of sustained growth. Close to 37,000 undergraduate and 10,600 graduate students are enrolled on all three USF campuses. Mohapatra said the strategy moving forward is not to grow too aggressively. They want to work toward increasing the number of doctoral students, which will help raise USF's research profile.
He also wants to increase the number of master's students and have 'gradual growth' at the undergraduate level. In fall 2020, USF had 11,428 graduate students. Enrollment decreased for a few years, and by fall 2024, there were 10,915 enrolled graduate students.
Law recently created an Advancing Efficiency and Strategic Impact Task Force to look at operations internally. Mohapatra said the task force will search for ways to improve efficiency, which will 'create avenues for investments' with saved funds.
Universities across the U.S. are facing obstacles, and Mohapatra said part of what will help set USF up for success is making bold investments, like the new Bellini College of Artificial Intelligence, Cybersecurity and Computing. USF is banking on the new college securing a substantial return on investment.
The university is also working on increasing online degree programs, which Mohapatra said will be necessary in the changing landscape. Smart planning requires the university to be agile enough to take risks, Mohapatra said.
'If we do not adapt, if we are not agile enough to meet the changing landscape, we'll be falling behind in the competitive market of higher education,' Mohapatra said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

York County Council adopts $515 million annual budget
York County Council adopts $515 million annual budget

Yahoo

time2 days ago

  • Yahoo

York County Council adopts $515 million annual budget

YORK COUNTY, S.C. (QUEEN CITY NEWS) — On June 2, the York County Council gave their final approval of the fiscal year 2025-206 budget. The $515 million budget is driven by the county's 2025-2027 Strategic Plan, which prioritizes funding for core services, employee benefits, capital projects and infrastructure needs. The budget does not contain a general fund tax increase for this year. In fact, this budget eliminates some taxes. Key takeaways: $214 million for roads, buildings, and utility projects Elimination of approximately $2 million dollars in taxes Removal of daily park entrance fees for ALL York County citizens beginning July 1 The budget also includes investments in key areas, such as hiring additional parks staff, opening a new park, enhancing employee benefits, investing in utility infrastructure, funding for roads, funding an agriculture facility in partnership with local schools, and replacing fire vehicles, among other budget initiatives that benefit our taxpayers. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

The SQDC reports comprehensive income of $118.0 million for fiscal 2024-2025
The SQDC reports comprehensive income of $118.0 million for fiscal 2024-2025

Yahoo

time2 days ago

  • Yahoo

The SQDC reports comprehensive income of $118.0 million for fiscal 2024-2025

MONTRÉAL, June 4, 2025 /CNW/ - For its fiscal year ended March 29, 2025, the Société québécoise du cannabis (SQDC) posted total sales of $741.5 million, compared with $662.1 million for the preceding fiscal year. The company reported comprehensive income of $118.0 million versus $104.1 million in fiscal 2023-2024. To this can be added the government revenues generated by its operations in the form of consumer and excise taxes, estimated at $249.5 million with $177.9 going to Québec and $71.6 million to the federal government. The SQDC is therefore contributing a total of $295.9 million to the Québec treasury. The $118.0 million dividend and the Quebec portion of the excise tax are remitted in full to the Ministre des Finances du Québec and reinvested primarily in cannabis-related prevention efforts and research and in the fight against the harmful effects of psychoactive substances. In all, $221.9 million will be transferred to the Fonds de lutte contre les dépendances. In fiscal 2024-2025, the SQDC's product offer included 381 "Québec grown" products, correspond to around 61% of the total offer in the dried flower, pre-rolled, ground cannabis, hash and kief categories, compared with 47% last fiscal year. Among the company's 52 suppliers, 37 were based in Québec. By law, all cannabis sold at the SQDC is grown in Canada. HighlightsGuided as always by its desire to better serve customers while complying with the laws and regulations that govern it, the SQDC deployed numerous initiatives to further its mission of converting cannabis users to the legal market and remaining a trusted destination for buying cannabis in Québec. Fiscal 2024-2025 saw an increase in the company's organizational effectiveness related to the rollout of two structuring technology systems, the implementation of the second year of its Strategic Plan 2024-2026, the expansion of its sales network, the introduction of new store concepts, planning for the sale of cannabis vaping products and an expansion of the coverage area of its 90-minute delivery service. Rising salesOverall dollar sales grew 12.0% due to the opening of seven new stores and the busy summer and holiday seasons. Volume sales totalled 149,223 kg of cannabis, a 21.8% increase from fiscal 2023-2024 (122,478 kg) attributable to user conversion, mainly in the concentrates (hash and infused pre-rolled) segments. The difference in growth between volume sales and dollar sales stems from how Health Canada calculates the volume of concentrates in equivalent grams of dried cannabis. The SQDC recorded 18.8 million transactions in its 104 stores and on its website while the average sales price for all cannabis products combined was $5.71/g, compared with 16.1 million and $6.22/g respectively in fiscal 2023-2024. It should be noted that the 2024-2025 fiscal year consisted of 52 weeks, one less than the preceding fiscal year. Social responsibilityIn line with its Social Responsibility Plan 2024-2026, the SQDC took action on four fronts this year: the environment, governance, the community and the company's teams. Among other things, it reached a major milestone in residual materials management when it joined RECYC-QUÉBEC's ICI on recycle+ program. The company recovered and recycled more than 27 metric tons of rigid and flexible plastic packaging. In addition, 79% of the product containers and packaging sold are now considered eco-responsible, exceeding the SQDC's initial target of 50% for the year. ProspectsSQDC management is satisfied with the company's financial results for the fiscal year ended March 28, 2025, and intends to continue implementing its Strategic Plan 2024-2025, which is based on three pillars: engaging its teams, optimizing the service provided to customers and raising awareness of its mission in Québec society. "To expand its market coverage and become even more accessible, the company plans to open new points of sale in the coming fiscal year," said Suzanne Bergeron, President and Chief Executive Officer. "As customer satisfaction is one of its top priorities, the SQDC will continue taking advantage of such openings to optimize the in-store experience with better-adapted customer journeys and an improved product offer." The SQDC is also continuing to introduce products in response to changing demand while also adhering to its mission to sell lower-risk products while maintaining a focus on health protection. For example, the company plans to start selling vaping products in the fall of 2025. Lastly, the SQDC was honoured to receive the Molière Retail Award from the Retail Council of Canada (RCC) for the second year running in recognition of the quality of its online French. In addition, the company won at the RCC's 2025 Excellence in Retailing Awards Gala in the category Omni-channel for the expansion of its 90-minute delivery service. The delivery service also earned the SQDC a place among the finalists at the 2025 Les Mercuriades competition run by the Fédération des chambres de commerce du Québec (FCCQ). The Annual Report 2025 is now available, in French, on The English-language version is in preparation and will be published soon. About the Société québécoise du cannabis (SQDC) The SQDC is a government corporation mandated to distribute and sell cannabis in Québec with a focus on protecting customers' health and safety. The company is committed to offering quality products and informing and advising consumers on how to minimize the health impacts of cannabis. The goal is to shrink the illegal cannabis market in Québec. The declared dividend equal to the company's net income is transferred to the Fonds de lutte contre les dépendances, a fund managed by the Ministère des Finances du Québec, and reinvested primarily in cannabis-related education, prevention efforts and research. For more information, visit SOURCE Société québécoise du cannabis View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Burlington library branch reopens after fire-related closure
Burlington library branch reopens after fire-related closure

Hamilton Spectator

time3 days ago

  • Hamilton Spectator

Burlington library branch reopens after fire-related closure

Burlington Public Library's Aldershot Branch reopened Monday, June 2 after a nearly month-long closure for flooding repairs. It was the second closure this year, after the 550 Plains Rd. E. branch suffered water damage during a small stove fire in Halton Community Housing's Aldershot Village seniors apartment building above the branch on Feb. 6. The fire was extinguished by the building's sprinkler system. The branch closed for preliminary repairs immediately following the fire, then temporarily reopened with reduced services and some areas closed to the public from Feb. 21 to May 3. It closed again for 29 days from May 4 to June 1 to complete repairs. Burlington Public Library spokesperson Lauren Arkell confirmed Monday, June 2 the branch had reopened at 9 a.m., resuming regular hours and services. Arkell said there are no changes or additions to previous branch programs or services. 'But the refreshed interior colours and deep cleaning throughout make the branch look and feel brand new,' Arkell said. Final repair costs were not yet available. Visit the Aldershot branch web page for details on branch services, programs and events. On Monday, Burlington Public Library also launched a two-week Customer Satisfaction Survey, which can be accessed at the library's website . Feedback from the survey will help guide the library's 2026-2027 Strategic Plan. Paper copies of the survey are also available at all library locations. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store