During the past five years, Colorado State University has made significant strides in stabilizing its budget, strengthening its academic leadership, and pursuing scientific discovery, President Larry Edward Penley said during his annual State of the University address last month before the Fort Collins Rotary Club.
Colorado State is continuing its growth with plans to soon break ground on 10 new buildings, including new facilities for computer sciences, athletics and the James L. Voss Veterinary Teaching Hospital.
Dr. Penley said the new facilities will fuel Colorado State's expansion and continue to move forward the University's research and innovation. He pointed to CSU's Superclusters initiative, which links academic achievements with a business infrastructure. CSU is now operating Superclusters focused on infectious disease, cancer and clean energy.
Among other University highlights, Dr. Penley noted continued increases in student enrollment; increased national awareness of the University; a record of $297 million in research expenditures in 2007; and an additional $11 million funding from the Colorado Legislature.
The additional state funding, he said, will be used for student financial aid, an additional 10 faculty positions, additional support for Superclusters and economic development, improvements to campus security, and improved research facilities, among other areas.
Dr. Penley added that the culture at the University is changing to one of service to community and the world through creative and entrepreneurial endeavors.