PASSHE Institutions Merging

[only1]

It doesn't fund them directly. Penn State, along with Temple, Pitt, and Lincoln, gets its annual handouts in exchange for tuition discounts and trustee appointments. The branches have different histories - most were 2 year feeder campuses to close gaps in geographical access and with specific purposes. For example, Mont Alto was the forestry campus and Behrend was started by the Hammermill paper heirs to start paper engineering and business programs. There's no actual reason for the purpose or location of the Pitt branch campuses. Temple and Lincoln don't have branch campuses in the same sense.

Penn State is pretty complex. They are the state's land grant school but also the state's A&T school (agriculture and polytechnic). Penn State gets additional money to do State work related to agriculture and farm science including an order to have a agriculture consultation presence in every county called Penn State Extension. Penn State bought previously existing law and medical schools to add to their portfolio. They were also a pioneer in an online division but have never really succeeded the way others have.

Perhaps but I am not so sure. PSU prefers non residents of the Commonwealth.....
https://www.paauditor.gov/press-rele...ct%20to%20open

[Fightingscot82]

But it did notg always fund the 24 branch campuses. 24
https://www.psu.edu/academics/campuses/

It doesn't fund them directly. Penn State, along with Temple, Pitt, and Lincoln, gets its annual handouts in exchange for tuition discounts and trustee appointments. The branches have different histories - most were 2 year feeder campuses to close gaps in geographical access and with specific purposes. For example, Mont Alto was the forestry campus and Behrend was started by the Hammermill paper heirs to start paper engineering and business programs. There's no actual reason for the purpose or location of the Pitt branch campuses. Temple and Lincoln don't have branch campuses in the same sense.

Penn State is pretty complex. They are the state's land grant school but also the state's A&T school (agriculture and polytechnic). Penn State gets additional money to do State work related to agriculture and farm science including an order to have a agriculture consultation presence in every county called Penn State Extension. Penn State bought previously existing law and medical schools to add to their portfolio. They were also a pioneer in an online division but have never really succeeded the way others have.

[only1]

To subsidize R1 education. PA has funded Penn State since it began, but Pitt has only received funding since the mid 60s. They were a big private university on the verge of bankruptcy and it was the trend to have states adopt struggling privates. Ohio added Toledo, Cincinnati, Akron, and Youngstown to supplement Ohio, Ohio State, Bowling Green, Kent, and Miami.

But it did notg always fund the 24 branch campuses. 24
https://www.psu.edu/academics/campuses/

[Fightingscot82]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

To subsidize R1 education. PA has funded Penn State since it began, but Pitt has only received funding since the mid 60s. They were a big private university on the verge of bankruptcy and it was the trend to have states adopt struggling privates. Ohio added Toledo, Cincinnati, Akron, and Youngstown to supplement Ohio, Ohio State, Bowling Green, Kent, and Miami.

[Ship69]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

Ship endowment, last I looked, is roughly $60 million. Of course this goes up and down with Wall Street. Northwestern's is usually around $9 billion, second only to Michigan in the Big 10. I think Harvard's is around $60 billion.

[only1]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

[IUPNation]

It is hard to find any updated amounts for each schools endowment.

Wikipedia has IUP at 60 million in endowment.

On the IUP webpage for the Foundation..it states it that it manages 50 million in endowed funds and $250 million in real estate. But when is this info from, it does not say and is the $250 just something on paper?

[Ship69]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[IUPNation]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[only1]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[CALUPA69]

Uhh, I think that extra $150M is earmarked for paying off the ANGELO DOME and other assorted improvements in the Valley !?!?

[IUPNation]

To quote POTUS when he was VPOTUS, this is a big f'n deal: https://www.inquirer.com/news/pennsy...-20220708.html

[Fightingscot82]

To quote POTUS when he was VPOTUS, this is a big f'n deal: https://www.inquirer.com/news/pennsy...-20220708.html

[Fightingscot82]

But in many of these cases, the Research faculty earns their own salary, through research grants, and if you don't get them, you don't stay at the research university. So for someone with a salary of 178 k its likely 1/3 of that comes from grants. And the law schools, Med schools and Engineering schools command much larger salaries than the 120 k you see other full profs at. The best ones pay all of their salary through grants, whcih can be really high if they direct an institute or something like that. Then there ar the guys who write books and get on TV - they get really high salaries. PSU can pay a faculty member whatever they want to, while PASSHE is limited to the contractual amounts.

I think that's the explanation. Faculty know if they're world class or not. The 99% who are divided by who wants research/scholarship to be their focus and who wants teaching. PASSHE requires 4 courses per term when most schools are 3 courses per term. PASSHE's contract rewards years in the system rather than disciplinary prestige or department. English faculty make the same as MBA faculty with the same rank/experience. You also get capped at just north of $120k. That's a nice salary for 9 month work but nobody's getting rich.

[ironmaniup]

I just Googled it...The average Professor salary at Penn State is $178,298...At ESU, the average Professor salary is $64,847...I rest my case...

But in many of these cases, the Research faculty earns their own salary, through research grants, and if you don't get them, you don't stay at the research university. So for someone with a salary of 178 k its likely 1/3 of that comes from grants. And the law schools, Med schools and Engineering schools command much larger salaries than the 120 k you see other full profs at. The best ones pay all of their salary through grants, whcih can be really high if they direct an institute or something like that. Then there ar the guys who write books and get on TV - they get really high salaries. PSU can pay a faculty member whatever they want to, while PASSHE is limited to the contractual amounts.