URBANA, Ill. (AP) — The University of Illinois has selected its first 17 “investment for growth” projects that are designed to boost income and enhance the university’s academic mission.
The News-Gazette reports the university’s colleges and other academic units pooled $11 million to underwrite the projects as a way to help absorb state-funding cutbacks.
The projects were chosen from 39 proposals. The 17 projects will include an engineering teaching center and a partnership that will allow high school students in China to take courses at the university online.
The projects will be funded for one to three years and will receive between $220,000 and $7.5 million over that span.
Paul Ellinger is associate chancellor and vice provost for budget and resource planning. He says the second-round proposals are currently being evaluated.