Strategy 8 - Rationale

Achieve fiscal self-sufficiency and develop a stable economic base for university programs and services.

Universities must increasingly seek external sources of funds to support teaching, research, and service activities. Nationwide, revenue from state appropriations has declined as a proportion of the total. Florida currently ranks 48th in the nation in terms of state support for higher education. In order for USF to support its strategic initiatives, alternative revenue sources must be aggressively pursued. Revenue generating strategies must be a natural outgrowth of the university’s mission and an extension of its strengths and have the potential to benefit the university as well as the community it is serving.