The Baylor Board of Regents expressed confidence in the university's leadership, Friday, but concern over the school's divisions and long term finances.
Regents wrapped up two days of meetings Friday afternoon.
The Baylor family should put aside their differences, to help heal a divided university.
That was the unanimous vote today at the close of two days of meetings of the Board of Regents on the Baylor campus.
"I think this is good because we all know more of what the issues are and we'll certainly work with president Sloan on finding solutions," says Regents chair Drayton McLane as he reaffirmed his confidence in the leadership of President Robert Sloan.
"I think again the most important thing for us to do, two things, one is to simply meet with people and communicate and the other is to continue to work very hard to make sure the university is fiscally sound," says Sloan.
The Regents heard the reports of two committees over the course of the two day meeting, one charged with looking into academic issues, the other, financial issues. Increased tuition and smaller than expected enrollment numbers have the Regents concerned.
McLane says, "That was a concern when we first looked at vision 2012 that there would be a tuition increase. We're learning to deal with this and we're concerned about that and we have consultants that work with us that are certainly helping us see how we can address that issue in a better way."
So much so, the Regents have asked the university to re-examine, and revise Baylor's long-term financial model.
But McLane says in no way is vision 2012 in jeopardy. He does, however, have questions about how long it will take to accomplish it.
McLane says, "The economy has changed dramatically from the time this first was initiated. We're trying to adjust to what the conditions are today and what we forecast for the future."
The Regents charged with looking into the academic issues examined current policies regarding hiring faculty and granting tenure, also the religious criteria for those actions. They also addressed relations between faculty and senior administrators. They want changes too. They recommended president Sloan initiate an aggressive program to heal the divisions between the faculty and the administration that includes more communication.
Sloan says, "I think it's important for all of us in the Baylor family to join hands again and move forward with a common purpose. There have been hurt feelings."
In the end the Regents are confident change can be accomplished with the current leadership in place. They'll review the reports from the committees and their meeting in May.