Executive Summary
Extended Education
Extended Education collaborates with academic partners to provide courses and programs that connect campus and community; are aligned with regional needs and interests; support employment opportunity and advancement; impactfully serve diverse adult learners and working professionals; consider workforce needs; and are fiscally sound. The EE portfolio includes special session undergraduate degree completion, graduate degree, and academic credit certificate programs; winter and summer sessions; and Open University (OU). Courses are often offered in online, hybrid, and accelerated formats to promote access and learner success. The EE portfolio also includes contract extension courses and other professional development certificate programs aligned with internal expertise and the needs/interests of the region with emphasis on business, economic, and workforce development. EE anticipates future programs, currently under development, will include industry certifications and emphasize development/advancement of early and mid-career professionals.
FY 21/22 Highlights
• EE continued to be fiscally sound, with robust enrollments across degree, summer session, and winter session programs • College partner revenue shares, faculty and staff development support, and cost recovery/overhead contributions provided additional financial resources to the university • Special Session degree programs, Summer Session, Winter Session, and Open University accounted for 97% of total gross revenue • Special Sessions (degree programs) and Summer Session accounted for 54% and 31% of total gross revenue, respectively • FY 21/22 was a record year for EE gross revenue and enrollments overall • Special Sessions (degree programs) continued to demonstrate year over year increases in gross revenue and enrollment; consistent with historical trends, the ASBSN program was particularly strong at the undergraduate level; OMBA and MSW Hybrid programs were also strong at the graduate level • A special session certificate program (Non-profit Management) was launched • Winter Session demonstrated a year over year increase in gross revenue with enrollment similar to the pre-pandemic height; Summer Session also continued to demonstrate strong enrollment trends • A record number of tuition fee waivers were applied to Winter (n = 105) and Summer (n = 158) Session enrollment (total = 363) to support time to degree and GI 2025 goals; 150 waivers were funded by EE, 213 waivers were funded by GI2025 resources • Traditional/historical OU enrollment need and interest have decreased in recent years • EE reserves (E1300 only) increased from approximately $9.4M in FY 20/21 to $10.8M in FY 21/22, a 15.68% increase (the amount designated “reserve for economic uncertainty” is the maximum allowed, 50% of the FY operating budget; the reserve fund balance is further designated for program development, capital improvements and construction, and facilities maintenance and repairs) • EE total reserves increased from approximately $13.7M in FY 20/21 to $16M in FY 21/22, a 16.73% increase; EE and the Provost’s office designate funds to support faculty (E1398, $200K per year, balance approximately $1.5M) and staff development (E1397, $70K per year, balance approximately $252K); in addition, the reserve account designated for the Provost (E1324) supports a number of strategic initiatives across campus and has a balance of approximately $990K; the college partner reserve account (E1399) has a current balance of approximately $2M • Revenue share to college partners totaled over $1.7M in FY 21/22, also a record distribution
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