IPFW "State Of The Campus" Address: We Need Money (VIDEO)

By Corinne Rose - 21Alive

August 25, 2014 Updated Aug 25, 2014 at 6:14 PM EDT

FORT WAYNE, Ind. (21Alive) -- Challenges lie ahead.

That's the message of the 2014 fall convocation at IPFW Monday.

While Chancellor Vicky Carwein highlighted the university's successes during the last year, she emphasized that declining enrollment has led to decreased revenue.

She said that necessitated IPFW's strategic alignment process for what it's calling "Plan 2020," and said whatever money the university has needs to follow its strategic plan, which was finalized this summer.

A panel of 24 faculty and staff members will interview deans and department heads as a way to assess degrees, programs and departments to determine whether they're assets to students and northeast Indiana as a whole.

“It's not about looking for programs to cut or looking for things to do away with, but it is about aligning the resources we have with our priorities, which is just good planning and it's good fiscal management,” Chancellor Carwein says.

IPFW will also continue to lobby the state legislature for more funding.

Carwein hopes for an extra $10 million in the next budget session.

We'll keep you posted.

What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.

© Copyright 2016, A Quincy Media broadcasting station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.