Ivy Tech Community College announced more cost-cutting steps Tuesday, saying it will eliminate two more regional chancellors and consolidate four regions into two as part of its largest restructuring in more than 50 years.
The latest steps follow the consolidation of two northern Indiana regions last April as part of efforts by the 175,000-student statewide community college to close a $68 million deficit.
Ivy Tech will now operate with 11 regional chancellors, down from 14 before the consolidations began. The college anticipates the savings from the latest consolidations will allow it to achieve a previously announced $4 million budget reversion to state coffers and to add a limited number of advisers and full-time faculty, the college said.
Ivy Tech’s Greencastle location, formerly part of the Wabash Valley region, will now be managed as part of the Central Indiana region out of Indianapolis.
That will be the only change affecting the Ivy Tech-Wabash Valley region, Chancellor Ann Valentine told the Tribune-Star on Tuesday.
“Greencastle will be transitioning to leadership under the Indianapolis region,” she said. “Those employees will report to the Indianapolis chancellor.”
The changes are to take place “fairly immediately,” she said. “We’re taking steps right away to be in communication and make good decisions about how to make it smooth and workable for students and personnel.”
Many students at the Greencastle campus come from Indianapolis suburbs, she said. The campus has about 600 to 800 students (headcount).
“This does make sense in terms of where students are coming from and what opportunities the [Greencastle] campus may be able to provide to Indianapolis suburbs,” Valentine said.
Ivy Tech said its state board of trustees recently approved combining its east-central region — including the Anderson, Marion, Muncie and New Castle sites — with the Richmond region that also includes a Connersville site. The combined region will be led by current east-central Chancellor Andrew Bowne.
The Columbus region, including Franklin, will be combined with the southeast region, which includes Batesville, Lawrenceburg and Madison, and will be overseen by a single chancellor to be named later, Ivy Tech said.
The college earlier combined Its northwest and north-central regions and raised tuition by $5 per credit hour through the 2014-15 academic year.
The regional chancellors oversee Ivy Tech’s 31 degree-granting locations and more than 75 teaching throughout the state within regional boundaries. While Ivy Tech is consolidating administrative functions, it said 14 regional boards of trustees will continue to operate as they have in the past. The regional boards help the regional chancellors with outreach and operating expertise.
Tribune-Star reporter Sue Loughlin contributed to this report.