USF officially reaches a milestone that will push it to the next level
The Florida Board of Governors made it official today, formally designating the University of South Florida as the state's first “emerging preeminent state research university.”
The board's Strategic Planning Committee gave preliminary approval to the designation earlier this week.
Thursday's decision puts USF on a path to achieve “preeminent” status, which would raise its national standing and put it in league with the University of Florida and Florida State University as the most elite of Florida's state universities. The designation also means more money every year from a pool of money that rewards state universities for hitting key metrics.
USF gets $5 million from the pool this year, with the promise of millions more when it achieves preeminent status. School officials predict that will come by 2018.
President Judy Genshaft said in a statement: “Our progress toward Florida Preeminence and the investments that come along with it will feed into a virtuous cycle for other aspects of the institution – including student and faculty recruitment, community partnerships and external funding. This endeavor, while important to USF in its own right, also supports innovation and economic development in the Tampa Bay region and the State of Florida.”