blue gradient background

Reports and Initiatives

Finance and Business Initiatives

UP Campus bell in the snow

Budget Allocation Approach

In August 2022, President Neeli Bendapudi charged a group of leaders under the direction of Sara Thorndike, senior vice president of Finance & Business/Treasurer, to explore and develop a new budget model that better serves the mission, vision, and values of the University. This effort supports Penn State's multi-pronged approach to reducing costs, identifying efficiencies and enhancing revenues.

Penn State University Stone Sign

Finance and Business Sustainability Initiatives

As a steward of Penn State resources, Finance and Business aims to increase sustainability across the University and has worked to transform units into champions of environmental action. F&B works closely with the Sustainability Institute on a variety of projects that continue to tackle new sustainability challenges with innovative and efficient solutions.

Sunrise on the Old Main lawn

Resource Optimization Initiative (ROI)

ROI focuses on implementing the workstream recommendations, allowing the University to use its financial, reputational, and operational capacity to rethink student investment and reframe the conversation around affordability. Former President Barron established eleven workstreams to help drive evolution and plan a long-term overview of operations for the coming years.