Published Thursday Mar 22, 2018
Tennessee Tech’s Board of Trustees heard goals and priorities from the university’s developing strategic plan and elected a new student trustee as part of a full agenda. In other board actions, a contract offer to President Phil Oldham was approved, along with the 10-year parking funding plan and housing rates for the next fiscal year.
Forrest Allard, a junior Honors student double-majoring in accounting and economics from Monterey, Tennessee, was elected by the board to serve the one-year term of student trustee. Allard currently serves as a College of Business Student Ambassador, and as the director and vice president of professional affairs for the college’s Beta Alpha Psi chapter. He has also served as an SGA senator.
The strategic plan update was presented by steering committee co-chairs Lisa Zagumny, dean of the College of Education, and Tom Payne, dean of the College of Business. During the past six months, the 18-member, faculty-led committee met regularly and engaged more than 500 people including students, alumni, faculty, staff, board members and external constituencies.
Some key elements of the developing plan include the incorporation of experiential learning opportunities in all undergraduate programs; the creation of a Tech-unique approach to provide the foundation for career-ready graduates; and the development and implementation of technologically infused programs.
“There is an urgency in acting on these ideas,” Oldham said. “I think this strategic plan really successfully doubles-down on the attributes and qualities of Tennessee Tech. I think it effectively moves the goalposts for Tech. Most universities focus on successfully graduating students. I think this strategic plan moves the goalposts to our students’ ultimate success in their careers.”
The board approved a three percent increase in housing rates for 2018-2019, along with the 10-year parking funding plan, which was previously approved by the Tennessee Board of Regents. The plan is entering its third year. Parking rates for 2018-2019 will increase through 2024 at the following rates:
- Inner campus and residential permits will increase at $15 per year.
- Tech Village/inner campus access permits will increase at $7.50 per year.
- Outer campus permits will increase at $9 per year.
Last year, the board’s Executive Committee was tasked with researching and developing a generic template for a presidential contract for the position. The template was first approved by the board, with a separate vote to offer the contract to Oldham.
In other board actions:
- Board vice chair Trudy Harper was appointed to serve for Tech Policy 780 purposes in a particular inquiry. The president has recused himself from this inquiry and Harper will serve in the president’s role when called for in the university policy.
- The board approved a letter of notification to THEC that the university plans to develop an Master of Science degree in engineering management.
- The board approved the modification of two graduate programs (Counseling and Supervision Ed.S. and Master of Accountancy) to aid with student enrollment.
- The Counseling and Supervision Ed.S. modification allows graduate students who earn an additional 18 credit hours above the program’s 60-hour master’s degree to be able to obtain an Ed.S. degree.
- The Master of Accountancy modification allows the waiver of GMAT requirements for admission to the program for students who have an accounting degree from an AACSB-accredited business program.
- Approved four university policies relating to the university taking over capital project responsibilities from the Tennessee Board of Regents.
Materials from today’s meeting and the webcast of the full board meeting are available at the board’s website, www.tntech.edu/board.
The board’s next meeting is June 26, 2018.###