Office of the President

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Timeline

June-July 2024Program Data Compilation
August 2024Academic Program Revitalization Data Analysis Team meets & examines data
 RFP released for consultant selection in Operational Excellence pillar of plan
September 2024Sharing program data with PSU faculty & staff
 President & Executive Leadership develop broad plan for closing the E&G deficit
October 11, 2024Department leaders and college administrators receive training on reviewing Gray DI course data and discuss overall college/school targets, tools, and guidance needed.
October 15, 2024Non-tenure track faculty whose positions are being considered for termination received a preliminary alert that they may be impacted by reductions. These notices are part of the agreed-upon contractual process with the AAUP that PSU must follow
October 30, 2024PSU sends the official Retirement Incentive Offer (RIO) program announcement by email to all tenured and continuously appointed faculty and provides this summary and all program documents by posting on the Office of Academic Affairs website.
November 2024Consultant hired, Operational Excellence Team formed and work begins
November 11-15, 2025Provost shares college/school executive summary on meeting OAA sustainability targets with the President
November 21, 2024Bridge to the Future plan presented to PSU Board of Trustees
November 2024 - January 2025The Academic Leadership team builds collective solutions to addressing the overall Academic Affairs financial sustainability target by engaging with campus on plans and recommendations guided by the Principled Decision Making Framework
November 2024 - June 2025Operational Excellence Team engages campus, analyzes selected processes and designs administrative structure
December 2024Input on Optimal Course Time Grid collected. Colleges and departments will begin working towards mapping curricula in alignment with the selected time grid for implementation in Fall 2025
December 13, 2024Non-Tenure Track Faculty (NTTF) faculty in reduced or eliminated programs provided notice; Article 18 processes enacted
December 18, 2024RIO Program closes – this is the last day for eligible faculty to submit their signed documents to OAA to participate in the RIO
January - April 2025Financial sustainability plans continue to be refined throughout the academic year based on engagement, feedback, and changes in circumstances. (For example, if there are additional retirements, vacancies, or changes to enrollment.) Any curricular changes requiring  shared governance procedures and collective bargaining processes will be followed
January 2025Board of Trustees provides budget and tuition rate guidance to university
February 13, 2025Executive and Audit Committee meeting; Update E&A Committee on financial sustainability plans, including approaches to meeting targets for non-OAA divisions
February 19, 2025Administrative Briefing: Update campus stakeholders  on financial sustainability plans, including approaches to meeting targets for non-OAA divisions and operational excellence plan
January - June 2025PSU works with RAPS to develop additional resources for retiree transition
March 15 or June 15, 2025The final day of employment for 9-month employees participating in the RIO
April 2025Board of Trustees meets to vote on tuition recommendation for 2025-26
May 2025Special EA Meeting - Updates on Financial Sustainability Plan (May 15)
June 2025Board of Trustees votes to approve a  balanced E&G budget
July 1, 2025Begin implementation of new administrative structure and redesigned processes
July 1, 2025All faculty participating in RIO officially retired
July 1, 2025Start of FY 2026
June 30, 2026Full implementation of new administrative structure