USF awarded $1 million from the Lilly Foundation

By on December 9, 2013

University of Saint Francis logo

News release from the University of Saint Francis:

USF awarded $1 million from the Lilly Foundation to pursue new degree program and career connections
USF awarded $1 million from Lilly Endowment Inc. to pursue new degree program and career connections

(December 6, 2013) – Lilly Endowment Inc. has awarded the University of Saint Francis (USF) $1 million to begin a new bachelor-level risk management insurance degree and implement strategies that build the career readiness of its students. The five-year grant provides the upfront investment to launch what university administration officials report as long-term strategies that will pay dividends far into the future for the students and the community. USF is contributing in-kind services of approximately $500,000 to support these initiatives.

The new Risk Management Insurance (RMI) degree, targeted for Fall 2015, will be the first of its kind in northeast Indiana. “The new degree was endorsed by Ash Brokerage, Brotherhood Mutual Insurance, Hylant Group, Lincoln National Life Insurance and Medical Protective,” said Robert Lee, USF’s interim dean for the Keith Busse School of Business and Entrepreneurial Leadership. “The insurance industry is expected to experience a high number of retirements in the next five years which is problematic for a growing industry. New insurance professionals are needed in northeast Indiana to replace those retirements,” added Lee. The business school dean confirmed that responding to employer needs was the overriding reason for developing the RMI program.

A portion of the grant will fund a revitalized Career Outreach Center that will expand relationships with employers to increase career placements and experiential learning opportunities including internships. “The university has over 80 percent of its students active with internships before they graduate. The new Career Outreach Center will help to expand that percentage and increase focus on career placements,” stated USF Alumni Director Jessica Swinford. The university’s Career Outreach Center has formed ties with other regional universities to efficiently coordinate career placement.

The grant also will support the full implementation of USF’s recently introduced Media Entrepreneurship Training in the Arts (META) program. Funds will support marketing, student recruitment and other promotional needs. The university developed META for its planned downtown campus and is among the first in the nation to offer project-based learning at the collegiate level, making USF and Fort Wayne a destination for students attracted to this concept. This academic track combines business and entrepreneurship to better prepare students for leadership positions or to start their own businesses. Conceptually, students in META could graduate with a degree and their ready-to-launch businesses. The performing arts aspect of the campus will serve as a hub, helping to attract the creative class who want to work, live and/or socialize downtown.

Prior grants from the Endowment already have helped students find meaningful employment in Indiana. The Keith Busse School of Business and Entrepreneurial Leadership began its flagship EPIC program with Endowment funding. EPIC stands for Entrepreneurial Program with Integrated Cooperatives. The program is in its 5th year and has successfully placed 100 percent of its first-year cohort graduates in high-performing positions in northeast Indiana prior to graduation. The perfect placement results are in large part due to the connections made with employers through the integrated cooperatives.

USF President Sister M. Elise Kriss, OSF said, “The Endowment’s support for Indiana higher education has truly made a difference in the quality of life in our communities. This grant gives us an opportunity to innovate, partner and continue the momentum already evidenced through the Talent Initiative and other regional leadership.”

 

About the University of Saint Francis
The University of Saint Francis, founded in 1890 as a comprehensive university in the Catholic Franciscan tradition, offers more than 80 undergraduate and graduate programs through the School of Health Sciences, School of Arts and Sciences, Keith Busse School of Business and Entrepreneurial Leadership, School of Professional Studies and School of Creative Arts. The university’s College of Adult Learning designs focused curriculum for working adults by offering online and accelerated programs, through its Virtual, Fort Wayne and Crown Point campuses. More than 2,400 students from a broad geographic region attend USF for its academic excellence.

 

About Stephen Parker

Stephen Parker is the blogmaster for AroundFortWayne.com. He believes that everyone should have access to information, interviews, and videos of events that are, "Straight from the source". When not blogging, he enjoys outdoor activities in his adopted home, Fort Wayne Indiana. He moved here in late 1989 and hasn't looked back.

Facebook

Twitter

YouTube

Google Plus

Follow Me on Pinterest
  • A group of House Republicans criticized the Obama administration Wednesday over news that schools are cutting their employees' hours to avoid providing health insurance. Read more: http://thehill.com/blogs/healthwatch/health-reform-implementation/305073-gop-schools-cutting-workers-hours-to-avoid-obamacare-penalty

    Pinned: 13 Jun 2013
  • Mayor Bloomberg’s $12 million ad blitz to drum up Senate support for background checks on all gun purchases could backfire, Senate strategists said Monday.

    Pinned: 26 Mar 2013
  • Article about smart parking.

    Pinned: 25 Mar 2013
  • US Congressman Marlin Stutzman (R-IN 3rd): “This Budget Debate Goes Deeper than Spreadsheets and Focuses on the Longevity of the American Dream”

    Pinned: 20 Mar 2013
  • "What's a severe thunderstorm or tornado watch?" "How's it different from a warning?" "What actions should be taken when a watch is issued?" Get the answers to these frequently asked questions here!

    Pinned: 5 Mar 2013
  • “The President’s doomsday scenarios are of his own choosing,” Rep. Marlin Stutzman, R-Ind., argued in response to Cutter’s email. “The sequester will cut 2.3 percent, or $85 billion, from the massive $3.55 trillion the federal government is projected to spend this year alone. To put that percentage in perspective, we borrow that much money every 28 days. If the President can’t cut that much, he’ll never cut anything.”

    Pinned: 5 Mar 2013
  • Photos and Video from the 2009 Get Green event.

    Pinned: 4 Mar 2013
  • Multimedia weather briefing concerning the winter storm to impact the area Thursday night into Friday. Created at 4:00pm Thursday 2/21/13.

    Pinned: 21 Feb 2013
  • Preliminary renderings from the City of Fort Wayne for the State Boulevard project.

    Pinned: 20 Feb 2013
  • Squad cars adding cameras, license plate readers

    Pinned: 20 Feb 2013

Instagram

Follow Me on Instagram
  • Ready for demolition. More photos - http://www.aroundfortwayne.com/?p=46944

    aroundfortwayne: "Ready for demolition.

More photos - http://www.aroundfortwayne.com/?p=46944"
    12
    0
  • Is it time for baseball yet?

    aroundfortwayne: "Is it time for baseball yet?"
    10
    1
  • Snow.

    aroundfortwayne: "Snow."
    7
    0
  • GE in the snow.

    aroundfortwayne: "GE in the snow."
    6
    0
  • Downtown during this afternoons snow.

    aroundfortwayne: "Downtown during this afternoons snow."
    8
    1
  • From Wednesday, March 18, 2015 at Parkview Field.

    aroundfortwayne: "From Wednesday, March 18, 2015 at Parkview Field."
    4
    0
  • TekVenture is having an open house next Saturday. Full details - http://www.aroundfortwayne.com/blog/?p=46548

    aroundfortwayne: "TekVenture is having an open house next Saturday. Full details - http://www.aroundfortwayne.com/blog/?p=46548"
    11
    1
  • Video from today's Foellinger Foundation announcent of $1,250,000 in grants to support Allen County's nonprofit infrastructure. http://www.aroundfortwayne.com/?p=46539

    aroundfortwayne: "Video from today's Foellinger Foundation announcent of $1,250,000 in grants to support Allen County's nonprofit infrastructure.

http://www.aroundfortwayne.com/?p=46539"
    3
    0
  • Yesterday, Community Foundation of Greater Fort Wayne Board President Jane Gerardo, announced they have received a $2m grant from Lilly Endowment, Inc. The grant will be used to support grantmaking in Allen County and the City of Fort Wayne's riverfront development efforts. Photos and video - http://www.aroundfortwayne.com/blog/?p=46489

    aroundfortwayne: "Yesterday, Community Foundation of Greater Fort Wayne Board President Jane Gerardo, announced they have received a $2m grant from Lilly Endowment, Inc. The grant will be used to support grantmaking in Allen County and the City of Fort Wayne's riverfront development efforts.

Photos and video - http://www.aroundfortwayne.com/blog/?p=46489"
    4
    0
  • Dreary day in the Fort.

    aroundfortwayne: "Dreary day in the Fort."
    3
    0