Huron financial review update

Dear Faculty and Staff,

As you know, on Sept. 9, 2019, UNH partnered with Huron Consulting Group to perform a financial review and resource assessment in order to support the strategic priority of building financial strength, positioning UNH as a national leader in financial management and aligning its budget and resources with its strategic priorities.

As a key component of the project, over the past six weeks, Huron has met individually with more than 100 members of the UNH community, interacted with various committees, analyzed over 200 data sets and reviewed hundreds of policy and organizational documents. Last week, the Steering Committee met to evaluate the initial opportunities identified by Huron and recommended the following nine areas for them to perform further in-depth assessments:

  • Business Service Centers
  • Enrollment: Yield
  • Facilities Operations
  • Internal Transactions
  • IT: Enterprise Resource Planning Support
  • IT: User Support
  • Library
  • Procurement
  • Research Administration Services

We anticipate receiving Huron’s final report in December. In the meantime, we will continue to share project updates including weekly status reports on the Building Financial Strength website. Additionally, Huron continues the academic resource assessment project and will be meeting with the academic program costs team next week to share initial information.

We would like to extend a thank you for the input and efforts of the Steering Committee thus far and we look forward to the in-depth analysis and recommendations that will follow. Ultimately, any revenue or cost savings that are identified will be re-invested strategically to meet our overarching aspiration of being a top 25 public university on the most important measures of academic performance. 

If you have any questions about our work with Huron, we invite you to contact us directly at James.Dean@unh.edu and Wayne.Jones@unh.edu

Regards,

James W. Dean Jr.                                               
President

Wayne Jones                                              
Provost