UI approves P3 funding to support new projects in FY 2025
The University of Iowa has awarded P3 funding for fiscal year 2025 to several projects that will enhance student success, support research, and improve campus infrastructure. Up to $15 million from the UI Strategic Initiatives Fund will be distributed to aid the implementation of two projects and provide ongoing support for educational infrastructure and other initiatives that promote the strategic plan.
"The P3 program provides a tremendous opportunity to support projects that will have a lasting impact on our students, faculty, staff, and the broader university community," says Kevin Kregel, executive vice president and provost. "By investing in these initiatives, we are able to support innovative solutions that align with our strategic plan."
The P3 Board of Directors endorsed the following allocation of funds at its June meeting:
- $2.2 million for two projects selected from a campuswide call for proposals.
- $5 million for enhancing educational infrastructure on campus.
- $7.8 million reserved for the implementation of additional strategic plan initiatives throughout the year.
