University System of Maryland

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University System of Maryland
USMLogo.png
AbbreviationUSM
Formation1988
Type Public education
PurposeHigher Education
Headquarters Baltimore, Maryland, U.S.
Region served
Baltimore-Washington Metropolitan Area, Eastern Shore of Maryland, Western Maryland
Membership
11 universities, 2 regional higher education centers, and 1 research center [1]
Chancellor
Robert L. Caret [2]
Parent organization
Government of Maryland
Budget
$5.8 billion (2019)
Endowment $1.298 billion (2018) [3]
Staff
21,565 [4]
Website www.usmd.edu

The University System of Maryland (USM) is a public higher education system in Maryland, United States. It comprises eleven universities, three regional higher education centers, and an environmental research center, located throughout the state of Maryland.

Maryland U.S. state in the United States

Maryland is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east. The state's largest city is Baltimore, and its capital is Annapolis. Among its occasional nicknames are Old Line State, the Free State, and the Chesapeake Bay State. It is named after the English queen Henrietta Maria, known in England as Queen Mary, who was the wife of King Charles I.

United States Federal republic in North America

The United States of America (USA), commonly known as the United States or America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the most populous city is New York City. Most of the country is located contiguously in North America between Canada and Mexico.

Contents

Campuses

Bowie State University University in the United States

Bowie State University is a public historically black university in Prince George's County, Maryland, north of Bowie. It is part of the University System of Maryland. Founded in 1865, Bowie State is Maryland's oldest historically black university and one of the ten oldest in the country. Bowie State is a member-school of the Thurgood Marshall College Fund.

Coppin State University historically black university

Coppin State University is a public historically black university located in Baltimore, Maryland, United States. It is part of the University System of Maryland. The University is a member-school of the Thurgood Marshall College Fund.

Frostburg State University university

Frostburg State University (FSU) is a public university in Frostburg, Maryland. The university is the only four-year institution of the University System of Maryland west of the Baltimore-Washington passageway in the state's Appalachian highlands. Founded in 1898 by Maryland State Senator, John Leake, Frostburg was selected because the site offered the best suitable location without a cost to the state. Today, the institution is a largely residential university.

With more than 176,000 students at all levels, USM institutions award 75 percent of bachelor's degrees in Maryland. Nearly 50 percent of undergraduates graduate without debt and nearly 80 percent of USM graduates stay in and around Maryland. USM institutions attract more than $1.4 billion in research and development funding to the state annually and have helped foster the creation of more than 600 startup companies since 2011. The system's Aa1 bond rating enables its institutions to borrow at lower costs to students, families and taxpayers, and related effectiveness and efficiency initiatives have saved Marylanders $600 million in administrative costs since 2004.

Key facts

Source: [5]

Educating Maryland's students

Providing accessible, affordable education

In recent years, Maryland's public higher education system has become more affordable, improving in national rankings from 6th highest to 21st in tuition and fees and dramatically increasing financial assistance, particularly for families with the greatest need.

Preparing engaged citizens and leaders

USM seeks to educate the next generation of Maryland's citizens and leaders.

Increasing diversity and inclusion

USM actively promotes a greater awareness of and appreciation for diversity.

Driving innovation and economic growth

Developing Maryland’s workforce

Stewarding student and taxpayer dollars

Driving academic innovation

Faculty and staff at USM's William E. Kirwan Center for Academic Innovation harness seek to increase educational access, affordability, and achievement. [6]

Governance

The USM is governed by a board of regents and led by a chancellor, who serves as the CEO of the university system and leads the USM Office.

USM Board of Regents and Chancellor

A 17-member volunteer Board of Regents, including one full-time student, governs the University System of Maryland. [7] Appointed by the governor, the regents oversee the system's academic, administrative, and financial operations; formulate policy; and appoint the USM chancellor and the presidents of the system's 12 institutions. With the exception of the student member, each regent is appointed for a term of five years, and may not serve more than two consecutive terms. The student regent is appointed for a one-year term, and may be reappointed. Regents serve on the board without compensation. [8]

USM chancellors

John Sampson Toll was an American physicist and educational administrator.

USM Office

The USM Office, led by the system chancellor, is the staff to the Board of Regents. Staff members advocate on behalf of the 12 USM institutions, facilitate collaboration and efficiencies among the institutions, and provide information about the system to the public. [9]

With leadership from the USM Board of Regents and the chancellor, the system office coordinates academic programs, assists with long-range planning and resource management, facilitates private fund raising, and provides financial stewardship.

The system office is headquartered in Baltimore and has locations in Adelphi, Annapolis, and Columbia.

History

The University System of Maryland was created in 1988 from the merger of University of Maryland (UM) and Board of Trustees of State Universities and Colleges (BTSUC). [10]

Strategic Plan

In 2010, USM launched a 10-year strategy to increase the state's economic competitiveness—and thereby improve Maryland residents’ quality of life—by increasing college completion rates, fueling the state's innovation economy, adopting new ways of teaching, reducing costs and achieving efficiencies, and elevating USM's national and international eminence. [11]

After taking office as USM chancellor in 2015, Robert L. Caret led a mid-term update of the plan. "The USM through 2020: A Renewed Vision for Powering Maryland Forward" revises several original goals and creates a new initiative to support campus equity, diversity, inclusion and civic engagement. This update precedes the development of a new strategic framework, which is expected to be unveiled in 2020. [12]

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References

  1. "USM Institutions - USM". Usmd.edu. Retrieved August 14, 2014.
  2. "Office of the Chancellor - USM". Usmd.edu. Retrieved August 14, 2014.
  3. As of June 30, 2018. "U.S. and Canadian Institutions Listed by Fiscal Year (FY) 2018 Endowment Market Value and Change in Endowment Market Value from FY 2017 to FY 2018" (PDF). National Association of College and University Business Officers and Commonfund Institute. 2018. Retrieved August 9, 2019.
  4. "About USM - USM". Usmd.edu. Retrieved August 14, 2014.
  5. http://www.usmd.edu/usm/chancellor/speeches/2018AnnualReport.pdf
  6. "Welcome to USM Center for Academic Innovation - USM Center for Academic Innovation". www.usmd.edu. Retrieved February 14, 2019.
  7. Office, University System of Maryland. "Board of Regents". www.usmd.edu. Retrieved February 14, 2019.
  8. "2010 Maryland Code :: EDUCATION :: TITLE 12 - UNIVERSITY SYSTEM OF MARYLAND :: Subtitle 1 - Powers and Duties :: Section 12-102 - Board of Regents - Government of University; members". Justia Law. Retrieved February 14, 2019.
  9. Office, University System of Maryland. "USM Office". www.usmd.edu. Retrieved February 14, 2019.
  10. "University System of Maryland - Origin & Functions". msa.maryland.gov. Retrieved February 14, 2019.
  11. Office, University System of Maryland. "University System of Maryland Strategic Plan: What's New for 2018". www.usmd.edu. Retrieved February 14, 2019.
  12. https://www.usmd.edu/10yrplan/USM-through-2020-Strategic-Plan-Update.pdf