Higher Ed Commission OKs New Public University

Posted: Updated:
Purdue President Mitch Daniels announced the acquisition of Kaplan University in April. Purdue President Mitch Daniels announced the acquisition of Kaplan University in April.
INDIANAPOLIS -

The state's next online public university has taken another step toward its launch. NewU, as it's tentatively being called, has received approval from the Indiana Commission for Higher Education. The school is a Purdue University creation built on its April acquisition of Kaplan University. NewU will be independently run by its own board of directors selected by Purdue.

The new university will be funded through tuition and fundraising, not state dollars says Purdue.

Purdue President Mitch Daniels says:

This is a crucial step toward enabling us to meet our obligation - particularly to Hoosier families - of increasing access to education and improving lives. We appreciate the commission's resounding endorsement. The ICHE has challenged all of Indiana higher ed to work on the task of bringing college credentials to those hundreds of thousands of working adults who missed their earlier opportunity to obtain them. Through NewU, Purdue accepts and welcomes this important challenge.

NewU still needs approval from the U.S. Department of Education and the Higher Learning Commission, an independent, post-secondary education accreditation organization.

Though controlled by Purdue, NewU's own board will oversee and approve all academic, budgetary, marketing and operational functions.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Nestl√© Planning $80M Anderson Expansion

      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

    • Sports Corp Seeks $25M For 4-Year Stretch

      The first-ever State of Sports address from the president of the Indiana Sports Corp. included a major fundraising announcement. Ryan Vaughn says the new Indy Championships Fund will push to raise $25 million to support a four-year stretch of major events that ISC says will be "unlike anything Indianapolis has enjoyed in the past." The organization says events during that time are expected to deliver a $670 million economic impact.

    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

    • Well-Known Real Estate Firm Expanding to Fort Wayne

      Texas-based Keller Williams Realty Inc. has announced plans to open its first office in downtown Fort Wayne. Financial details of the real estate company's investment in the location were not immediately disclosed, however the expansion will bring at least 35 jobs to the Allen County city.

    • Tastings Unveils 'Wine Truck'

      Tastings in Indianapolis is taking wine mobile. The Tastings Wine Truck has making the rounds in the city. Owner Ross Bailey says he saw a need for wine offerings at local events that often only serve beer. The wine bar unveiled the truck, a restored 1952 International Harvester Metro, Thursday at its downtown location.