Strategic Area of Focus:
Financial Sustainability

GOALS: Enhance and diversify the University's financial base through the development of new revenue streams and realization of cost savings.

Stability and Strength for a New Century

For UVI to continue to develop its capacity as a leading institutional resource for the Caribbean and provide outstanding educational opportunities for the communities we serve, we will need to be a nimble and fiscally sound operation. To that end, during this strategic plan period, we will focus on several areas to assure our long-term viability.

We will assess and enter markets for UVI products and services that might have the potential to provide significant new revenue. To meet internal and external demands, institutional goals and cost reductions, we will implement improved financial management systems.

Our increased communications capacity will serve us well as we seek to increase annual giving targets and insure capital campaign objectives are appropriately linked to institutional, student, and academic needs. Finally, we will increase mission-centered grant acquisitions that support and promote research and community development.

Click here for more detail about this area of focus, including goals, operational objectives and measures of accomplishment.

"UVI has to be a strong partner with the community to encourage everyone to be part of the Islands' future. For example, we will be one of the first universities to adopt wind turbines as a source of renewable energy. We will use wind energy to reduce our energy costs and consumption of local resources. That's a creative way to demonstrate good corporate citizenship."

Paul Remy '09, Computer Science major