ASSU Grad Student Town Hall 7/21/09

8/14/2019 ASSU Grad Student Town Hall 7/21/09

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Graduate Education:Stanfords Commitment

to Excellence

John Etchemendy, ProvostPatricia J. Gumport, VPGE

Greg Boardman, VPSA

Tim Warner, VP Budget

ASSU Graduate Town HallJuly 21, 2009


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Outline of Presentations

Introduction - Provost Etchemendy

Overview of Graduate Education - VP Gumport

- University Priorities & Highlights of Initiatives (VPGE)

- A Decade of Graduate Student Financial Support

Stanfords Investment in Graduate Student Life - VP Boardman

2009/10 University Budget Plan - VP Warner

Impact of Cuts on Graduate Students - Provost Etchemendy

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Organization Supporting Graduate Education

Provost

7 Schools

65 DegreePrograms

GraduateEducation(VPGE)

UndergradEducation(VPUE)

CTL

VP Budget& Aux.

Housing

(R&DE)

StudentAffairs

Graduate LIfeOffice (GLO)

CommunityCenters &

Bechtel

Career(CDC)

Registrar

Admissions &Financial Aid

FinancialAid

Vaden

GraduateLife Office

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Stanford Enrollment 1985-2008

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Stanfords 8,328 Graduate Students

55% of Stanford Universitysenrollment

35% women

9% under-represented

domestic minority

33% international; from 100countries

Time at Stanford

- 1-2 yrs masters- 3-4 yrs JD/MD

- 5-7 yrs doctoral

Photos:

ChrisM.Golde/VPGE

L.A.Cicero/StanfordNewsService

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Office of the Vice Provost for Graduate Education vpge.stanford.edu

Stanfords Graduate Degrees

Enrollment by degree level- 51% doctoral students

- 37% masters

- 12% professional (MD, JD)

15 different graduate degrees

- Masters (MA, MS, MBA, MFA, MLA, MLS, MPP, Eng.)

- Doctoral (PhD, DMA, JSD, LLM, JSM)

- Professional (JD, MD)

~3,000 graduate degrees awarded- 10th most PhDs in US

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Graduate Enrollment by School 2008:65 departments/programs in 7 schools

Earth Sciences

EducationEngineering

GSB

H & S

Natural Science

Social ScienceLaw

Medicine

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Commission on Graduate Education

Build on strengths

- Academic excellence

- Innovation & collaboration

Imagine new practices- Interdisciplinarity

- Leadership roles

- Diversity

Create VPGE (2007)

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Office of the VPGE

Our mission is to work

collaboratively across all seven

schools to ensure that Stanford

remains at the forefront of

graduate education, providing

the highest quality educational

experiences for students.

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Graduate Education Priorities

Advance diversity

Foster cross-school learning

Interdisciplinary opportunities

Leadership & professional development Support degree programs & student progress

Administer university-wide graduate fellowship programs

Coordinate & interpret university-wide graduate academicpolicy

Assist in problem solving on graduate academic issues

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Graduate DiversitySelected Programs

Recruitment, adding to schools efforts- Campus visits to departments & university-wide

preview events (GRAD Day)

Retention

- Funds for student organizations

- Dissertation research funds

- WISE support groups

-

Childbirth Accommodation Policy Preparation for academic careers

- DARE Doctoral Fellowship program

- Distinguished Alumni Scholars program

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Cross-School LearningSelected Programs

Stanford Graduate SummerInstitute (SGSI) courses

Summer Institute for

Entrepreneurship

Leadership series

Communications &Management workshops

Mentors in Teaching (CTL)

Writing Center tutoring

Dissertation Bootcamps

Summer writing workshops

SPICE Innovation Funds

Academic Chats

Future Faculty Seminar

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VPGE-Administered Graduate Fellowship Programs

2005-06 06-07 07-08 08-09 09-10

# of students 378 435 472 534 574

Financial Support

$12.0 M $14.2 M $19.5 M $23.5 M $30.0 M

Stanford Graduate Fellowships in Science & Engineering (SGF)

Stanford Interdisciplinary Graduate Fellowships (SIGF)

Diversifying Academic Recruiting Excellence (DARE) Doctoral

Fellowship Program

Comparative Studies in Race & Ethnicity Graduate Fellowships (CSRE)

Increases in Fellowship Support (2005-10)

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Stanford Graduate Student Financial SupportA Decade of Growth: FY98 - FY08

Graduate student financial support increased 77%

$143 M $253 M

~45% stipends, ~55% tuition & fees in FY08

~30% from external grants, ~70% from university in FY08

Minimum RA/TA stipend level increased 77%

$3,712 /qtr $6,575 /qtr ($14,848 $26,300 per yr)

An increase of $1,597/qtr ($6,386/yr) above inflation

Cardinal Care premium subsidized since FY03

50% subsidy for 25% RA/TA or comparable fellowship

$400/qtr subsidy (premium is $800/qtr) in FY10

Emergency Grant-In-Aid Fund (Financial Aid Office)

Assists with a financial emergency (e.g., medical, dental, legal)

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Stanfords Investment in Graduate Student Life - VP

Boardman



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Division of Student Affairs (VPSA)

VPSA is responsible for the oversightof all issues and resources related tostudent life.Student Affairs is devoted to serving allstudents undergraduate andgraduate and making sure that thelearning and living environment oncampus is conducive to attaining their

academic goals.


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Stanfords Investment in Graduate Student Life

Graduate Life Office (GLO)

Programming funded by Provost

New Graduate Student Orientation (NGSO)

Graduate Student Programming Board (GSPB)

Graduate Community Center (GCC)

Staffing

Community Associates(CA) program

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Increased Support for Student Health & Well Being

Student Mental Health and Well-Being Task Force Report(2008)

- 4 working groups with student representation

CAPS enhancements- $1 M budget increase

- 5 additional staff

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Housing Enhancements for Graduate Students

Approx. 53% live on campus (Fall 2008)- 4,273 graduate students in campus housing, plus 140 University-

subsidized off-campus units

- 1,000 spouses, partners, and children

- Highest percentage housed in Pac10; 2nd highest in Ivy schools

- Capacity increasing to 4700 with Munger for Fall 09

Investment in capital construction, renovation and off-campushousing subsidies

- $440 million in past decade

- Three new buildings: Lyman, EV Studios, Munger; 1658 new beds- EV landscaping

Campus housing rates- Increased 69% in past decade (EV 2BR: $5,939/yr $10,025/yr)

-

On-campus rates ~15-20% below local market (incl. amenities) 19


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University Budget Plan -- Topics

Some budget basics

Highlights of next years budget

Endowment Issues

General Funds Budget - the problem and the responses

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Consolidated Budget by Category, 2009/10

SponsoredResearch

30%

InvestmentIncome

24%

Gifts

6%

Tuition14%

R&B 3%

Healthcare

13%

Other10%

Salaries53%

SLAC10%

Financial Aid6%

Other Expenses31%

Revenue

$3.7B

Expenses

$3.7B 22


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Consolidated Budget by Fund Type, 2009/10

Auxiliaries8%

Grants & Contracts25%

Restricted26%

Designated18%

General Funds23%

$3.7BCentral Obligations include debt service,utilities, insurance, capital facilities fund,

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Budget Plan Highlights, 2009/10

Consolidated Budget

Investment income to drop by $171M (16.2%)

Research projected to increase $102M (9.9%); mostly Medicine andSLAC

General Funds Budget

General funds unit cuts total $79.4M, with most units cutting 13-15%

Total reduction of $139M by 2011/12

Anticipate 400-450 staff layoffs; 50+ faculty positions frozen

Capital Budget/Capital Plan

Capital Budget of $646M in 2009/10; three-year Capital Plan of $1.8B

Delayed or cancelled $1.1B in capital projects

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Historical Investment Returns for StanfordsEndowment

-30%

-20%

-10%

0%

10%

20%

30%

40%

1965

1970

1975

1980

1985

1990

1995

2000

2005

2009

Lowestprevious return

1974: -8%Estimatedreturn in

2009: -30%

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Investment Income

$0M

$200M

$400M

$600M

$800M

$1,000M

$1,200M

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Endowment PayoutOther Investment Income

Projected Projected

$436 $420$446

$508$477

$529

$629

$727

$1,018$1,057

$886

57M

830M933M

124M

706M

?

2011

Planned 26


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Net Incremental General FundsForecast (June 2008)

-$120M

-$60M

$0M

$60M

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Incremental GF RevenueIncremental GF Expenses

Available for New ProgramsProjected Deficit

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Net Incremental General FundsForecast (December 2008)

-$120M

-$60M

$0M

$60M

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012



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Budget Planning Strategy

Principles:- preserve core academic and research programs

- maintain enhanced financial aid program

- recognize a new lower operating baseline

- take a multi-year approach but return to stable budgets as quickly aspossible

- provide units with latitude; use Budget Group as advisory body

Major Actions:

- reduced endowment payout by 10% in 2009/10; and 15% in 2010/11

- eliminated salary program for 2009/10, but increased graduatestipends

- cut 15% over two years in General Funded areas

- delayed and suspended capital projects, saving future operating 29


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Results

Moving rapidly to a new financial equilibrium, though not there yet

General funds budget substantially balanced through 2011/12:

- Actions taken net $139M base reduction by 2011/12 on projected base of $939M

- Most units taking 13-15% budget cuts

- 400-450 staff layoffs anticipated; at least 50 faculty positions frozen

Additional cuts required for academic units with reliance on endowment

Cuts eliminated most discretionary expenses; reduction in staff will impact

administrative support, some academic program, and outreach

Capital plan reduced by $1.1 billion, saving incremental utilities &maintenance

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Net Incremental General FundsForecast (June 2009)

-$120M

-$60M

$0M

$60M

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012



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Concluding observations

Everyone at Stanford had to contribute to solving this problem,with very difficult consequences for some

We continue to spend hundreds of millions of our endowment

Bringing the endowment back to 2008 levels does not definerecovery

Must accept new revenue baseline

What will recovery look like?- budget reductions behind us- continuing revenue streams keep up with inflation- fund raising for new initiatives- When can this happen? Over the course of the next two or three

years.

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Impact on Graduate Students

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Regular Tuition, Room & Board increased by 3.5%

Tied (with last year) for lowest TR&B increase in over 30 years

TGR tuition frozen

Fee has been frozen for three years in row

TA/RA/Fellowship stipends increased 3.2%

Grad students and postdocs are only group whose pay was notfrozen

Student Health Fee: $167 per quarter


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Rationale for Health Fee

Vaden services are one area we cant afford to cut

Services include both clinical services and outreach, health and well-being efforts in student community

Existing method of funding Vaden services unfair

Supported partly from tuition, partly from Cardinal Care

Students paid once, twice ornot at all

Students paid whether local or at, e.g., overseas campus

Most universities charge separate fee, to avoid similar inequities

Separate fee allows us to charge single amount to all and only studentslocated at main campus, i.e., those who benefit from Vaden services

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Improving graduate student well-being(financial and otherwise) has been one of myhighest priorities while provost.

The Health Fee is clearly a step backwards.

But how far back?

Is the Health Fee unfair to graduate students?


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Since 1999, stipends have been increased approximately $7,000 per yearabove inflation

Had stipends gone up only by inflation for last 10 years, next yearsminimum stipends would have been $21,700 rather than $28,700, a

difference over 10 times greater than $668 annual health fee

Since 2007, stipends have increased approximately $2,800 per yearaboveinflation

Had stipends gone up only by inflation for last 3 years, next yearsminimum stipends would have been $25,900 rather than $28,700,still a difference that is 4 times greater than $668 annual health fee

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Since 2003, 50% subsidy of Cardinal Care has been provided for TA/RA/Fellowship recipients

Next year, Cardinal Care subsidy will equal $1,600 per year, 2 1/2times greater than the annual health fee

In 2009-10, graduate stipends will be increased by 3.2%

Had graduate student pay been frozen, like other salaries on

campus, next years stipends would have been $890 lower; this alonewill cover the $668 annual health fee

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Graduate students, and especially PhDstudents, have been the greatest beneficiaries

of the endowment growth during the pastdecade.

The Health Fee takes a very small portion of thisbenefit back, but no more than the burdenshouldered by every other member of the

Stanford community.



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End

Documents

ASSU Grad Student Town Hall 7/21/09