The university is one of only a few big-time sports schools that still manages its own commercial rights, which generate tens of millions from television and media deals and from companies that want to advertise alongside the Notre Dame brand.
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
The university said the gift from the R.B. Annis Educational Foundation “will advance the university’s strategy to address Indiana’s increasing demand for skilled engineers and STEM-related professions.”
The museum is expected to close to the public for the $30 million renovation May 14. The target for reopening is the fall semester of 2019.
Chicago-based Rippleshot, co-founded by IU alumnus Yueyu Fu, raised a total of $2.6 million in a funding round in February.
Some of the most vocal Tom Crean critics are among Indiana University’s biggest financial supporters. And some of those critics are questioning the ability of Athletic Director Fred Glass, who fired Crean on Thursday, to lead the search for a new coach.
Indiana University basketball coach Tom Crean compiled a 166-135 record at IU and led the Hoosiers to three Sweet 16 appearances, but was widely criticized this season after the team finished 10th in the Big Ten Conference with a 7-11 league record.
A bill stipulates that colleges or universities violating the ban would risk having funds withheld by the state’s budget agency. A court could also block a sanctuary policy if a lawsuit is brought.
Although bracket contests and the money wagered on them have driven the tournament’s popularity for decades, the NCAA takes pains not to condone gambling or filling out brackets for anything more than fun.
Butler is one of just 58 U.S. colleges with a live mascot, and the bulldog is quickly approaching the top echelon, based on its fame and effectiveness as a goodwill ambassador for the school.
Tennessee-based Southeast Financial Credit Union sued Eyler and others in 2015, charging they fraudulently restructured the business to thwart creditors and owe more than $13 million on defaulted loans.
The bankruptcy trustee for ITT Educational Services has recruited some big hitters to help with investigating and prosecuting claims against the school’s former directors and officers.
Officials overseeing endowments at some of Indiana’s colleges and universities have cut back on spending, or are considering doing so, after struggling to grow their funds over the past decade.
At Ohio State University, football coach Urban Meyer and members of his family took 11 personal trips last school year at a cost to the university of $120,000. Purdue University flew an alumnus from Rhode Island for $15,000.
The boards of both universities approved plans in December for splitting up programs starting in July 2018 at what is now Indiana University-Purdue University Fort Wayne.
Students say cheating and academic dishonesty have become commonplace at the school.
The planned high school for STEM studies announced with fanfare last year that it would move into the P.R. Mallory factory site, but leaders encountered a financial hurdle and now are keeping their options open.
The decision comes after the university had considered giving up the WIPB-TV frequency in a Federal Communications Commission auction aimed at freeing up bandwidth for mobile devices.
Alumni say they knew little about the college’s dire financial standing before the board of trustees decided Feb. 3 to close for at least the 2017-18 school year.
