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Flowers bloom outside Hovey Hall.

Vice President for Finance and Planning

Updates and Communications

Budget Update - March 2025

Illinois State implemented a comprehensive strategy (RISE) in September 2024 to ensure long-term financial stability. The strategy included divisional budget holdbacks, hiring reductions, deferral of non-urgent projects, and reduction in out-of-cycle and additional pay increases.

Read more about the Budget Update from VPFP Glen Nelson

 

VPFP Division Newsletter - April 2025 

VPFP Division Newsletter - April 2025

Division News

President Tarhule on stage.
At the September 25, 2025, State of the University Address, Illinois State University President Aondover Tarhule launched the Strategic Initiative Fund in support of the plan's success. 
graphic image of a light bulb placed over an outlined shape of McLean County
The Bloomington-Normal Innovation Hub (BN Hub) took another step forward September 24 by officially launching its advisory board. The board is designed as a collaborative forum to foster innovation, cross-sector connection, and strategic alignment among institutions and organizations in the region with the express purpose of achieving the goals laid out in the BN Hub’s strategic plan.  
Reggie Redbird statue on Redbird Plaza with Fell Hall in the background.
In 1975, a 22-year-old Jeff Smith joined Illinois State University (ISU) just 11 months after graduating from Illinois Central College.