Northern Arizona University provides an outstanding undergraduate residential education strengthened by research, graduate and professional programs, and sophisticated methods of distance delivery and innovative campuses and programs throughout the state, including the competency-based Personalized Learning program. NAU’s mission and goals are based on its core values, which includes placing learner needs at the center of our planning, programs and practices; providing all qualified students with access to higher education; achieving multicultural understanding as a priority of educational and civic life; operating with fairness, honesty, and the highest ethical standards; and supporting a civil, engaging, and inclusive campus climate.
Operational and Financial Review
As part of its constitutional responsibility to ensure that Arizona’s public universities accomplish their public purpose and mission, the Arizona Board of Regents conducts an annual comprehensive review of the operations and finances of each university. Two components of that review are the background report and the business plan.
The background report includes short narratives, several schedules populated by data obtained from the board’s business intelligence database, the financial aid report, other financial data, additional board annual reports and university provided financial projections.
The business plan:
- contains an overview of the university’s operations and financial strategies
- explains what the university intends to achieve, recognizing the current competitive conditions and environment;
- details the major initiatives that will be deployed;
- identifies the personnel and financial resource commitment it will take to achieve those initiatives;
- identifies the key opportunities available to the university and its academic, research and operating platform; and
- addresses what risk factors exist that could prevent the university from achieving its initiatives/goals and the actions needed to mitigate.