Trustees approve operating budget, more during June board meeting
Creation of Miami University Polytechnic among board actions
Trustees approve operating budget, more during June board meeting
Creation of Miami University Polytechnic among board actions
During its June 26 meeting, the Miami University Board of Trustees authorized an operating budget for fiscal year 2027 and approved the creation of Miami University Polytechnic on the Hamilton campus.
Trustees unanimously approved a $913 million budget that supports the university’s academic mission and invests in student success and career readiness. The budget includes a 3% salary improvement pool for non-bargaining employees.
Miami University Polytechnic enables Miami Regionals students to benefit from a polytechnic education model with more pathways for students and a faster timeline toward a degree or credential.
Trustees also authorized the establishment of an additional site for Miami’s Bachelor of Science in Nursing program in Northeast Ohio, pending approval by the Ohio Department of Higher Education. The Miami University Northeast Ohio Nursing Program would strengthen the nursing pipeline for Cleveland metro area healthcare partners and allow students to combine Miami’s academic rigor with intensive, hands-on clinical training in a region experiencing significant nursing workforce demands.
Miami University President Gregory Crawford’s presentation highlighted the university’s work in AI, faculty scholarships and achievements, and 10 years of academic investments totaling around $450 million to include building the Cleveland Clinic Health Sciences building and the McVey Data Science building, renovating Bachelor Hall, the Advanced Manufacturing Hub in Hamilton, and Fisher Innovation College@Elm, and many other investments in academic building infrastructure projects.
Additionally, the university’s billion dollar fundraising campaign — now exceeding $830 million raised over the past decade — has been largely dedicated to academics, with an estimated 85% of funds directed toward academic priorities, more than $700 million. The university’s endowment has also grown from $465 million to over $1.2 billion over the last decade, with the majority of endowment payouts targeted to support academic programs, scholarships, and academic initiatives.
Additional trustee items included:
- The approval of two to the rank of professor emerita; four to the rank of professor emeritus; two to the rank of administrator emerita; and one to the rank of administrator emeritus;
- The approval of Hessam Sarooghi as chair and associate professor of Entrepreneurship;
- The amendment of the Capital Improvement Plan to support the construction of an additional Farmer School of Business facility;
- The consolidation of the Bachelor of Music to include concentrations in Music Performance and Music Education;
- The renaming of the Hilda Harrison Fund to the Western Program Directorship Fund Supported by Hilda Harrison; and
- The creation of the Cleveland Clinic President’s Fund.
Trustees also passed resolutions of appreciation for Michael Crowder, dean of the Graduate School; Christopher Makaroff, interim provost; and Susan McDowell, vice president of Research and Innovation.