December 17, 2008

Dear Friends,

Boise State is not immune to the troubling economic news of recent months. State funding holdbacks of at least $3.5 million and a significant drop in the value of our endowment and other investments have triggered a thoughtful, if difficult, review process here on campus.

Make no mistake – our commitment to serving our students and fielding a forward-leaning research agenda is unshakeable. However, the economic realities require that we make strategic adjustments – not across the board cuts – to protect and support our core functions. So far, we’ve been able to weather these initial budget challenges by trimming capital project and equipment costs and finding other operational efficiencies, including travel and salary savings.

Moving forward, however, it’s clear that resources will be stretched and that your contributions to our university are needed more than ever. There has never been a more important time to support higher education.

One area we’re keeping a careful eye on is funding for about 850 student scholarships awarded by the Boise State University Foundation, our non-profit fund-raising arm. “Dollars for Scholars” is a specific effort to address this issue through end-of-the-year online giving. While student scholarships for the current academic year are safe, many could be in jeopardy over the long term without new funds. To find out how you can help, go to the Boise State homepage (www.boisestate.edu) and click on the link to “Dollars for Scholars.”

Despite the glum economic news, campus is buzzing with preparations for the end of the fall semester and winter commencement on December 19. And, of course, the talk of the town is the undefeated football team’s appointment with Texas Christian University in the Poinsettia Bowl on December 23. Sunny San Diego is the venue for what promises to be one of the best college football bowl match-ups this year.

I know I speak for all students, faculty and staff of Boise State in wishing you the very best this holiday season. And, as always, thank you for everything that you do for our university. Go Broncos!

Sincerely,

Bob Kustra

 

 

Here are a few recent or upcoming items of interest from Boise State University: