University rescinds non-renewal letters to 7 faculty members
In response to better than projected enrollment data for the current fall semester, Interim Vice Chancellor for Academic Affairs Peggy Gerard reports the following:
Enrollment data updated Tuesday (9/10) show Purdue University Calumet’s fall enrollment picture has improved from previous projections.
After review of this new information, we notified seven faculty members that we are rescinding the letters of nonrenewal they received this summer. As Chancellor Keon stated at his Aug. 8 Town Hall meeting, any way the university could find cost savings to enable withdrawal of those letters would be welcome; subsequently, we continued to look at all options to rescind the letters.
The latest post-census enrollment figures show enrolled credit hours are down approximately 4 percent this fall from fall 2012. Previous projections indicated a 6 percent decrease. An increase in students enrolled from outside Indiana helped slow the decline.
As previously reported, a 6 percent projected enrollment decline led to an anticipated budget shortfall for 2014-15 of $3 million. However, a 4 percent enrollment decrease will result in a projected $2 million budget shortfall.
We expect to save approximately $1 million in salary and benefits from 15 faculty members who accepted the targeted retirement incentive plan offered this summer. The remaining $1 million in savings will be accomplished through budget reductions in non-instructional areas.