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Student Life and Services
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Accomplishments Under
The Rensselaer Plan

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Resources and Enabling Activities

Fund Raising and Financial Resources

  • Secured $360 million unrestricted gift to university (2001).
  • Announced a $1 billion campaign, the boldest campaign in Rensselaer’s history.
  • With the announcement of an in-kind contribution commercially valued at approximately $514 million from the Partners for the Advancement of Collaborative Engineering Education (PACE), exceeded the Campaign goal earlier than expected (September 2006).
  • Increased campaign goal to $1.4 billion and extended time frame to June 30, 2009 (in September 2006).
  • Met $1.4 billion campaign goal on October 1, 2008 (nine months early).
  • Initiated new graduate tuition and student support policy.
  • Developed and implemented new performance/activity-based budget process.
  • Financed The Rensselaer Plan and other initiatives through series of $500+ million actual and planned new borrowings.
  • Implemented more diversified endowment strategy, resulting in top quartile return for FY2007 (22%) and three-year return of 17%.
  • Outsourced internal audit function.
  • Centralized financial management structure.
  • Restructured research administration.
  • Increased research overhead recovery rate by 10%.
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