University System of Maryland

The University System of Maryland (USM) is a public higher education system in the U.S. state of Maryland. The system is composed of the eleven campuses at College Park, Baltimore County, Baltimore, Princess Anne, Towson, Salisbury, Bowie, Frostburg, Hagerstown, Rockville, Cambridge, and Adelphi, along with four regional higher education centers located throughout the state of Maryland.

University System of Maryland
AbbreviationUSM
Formation1988
TypePublic education
PurposeHigher Education
HeadquartersBaltimore, Maryland, United States
Region served
Baltimore-Washington Metropolitan Area, Eastern Shore of Maryland, Western Maryland
Membership
12 universities and 3 regional higher education centers [1]
Chancellor
Jay A. Perman[2]
Parent organization
Government of Maryland
Budget
$5.8 billion (2019)
Endowment$1.436 billion (2019)[3]
Staff
21,565 [4]
Websitewww.usmd.edu

History

In 1974, Maryland, along with seven other states, mainly in the South, submitted plans to desegregate its state universities; Maryland's plans were approved by the U.S. Department of Health, Education and Welfare.[5] 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).[6]

Campuses
USM campuses
CampusCity Estab­lishedUndergraduate
enrollment		Category
University of Maryland Global CampusAdelphi 194747,250UM
University of Maryland, College ParkCollege Park 185630,760UM (flagship)
University of Maryland, Baltimore CountyCatonsville 196611,060UM
University of Maryland Eastern ShorePrincess Anne 18862,335UM (HBCU)
University of Maryland, BaltimoreBaltimore 1807930UM
Towson UniversityTowson 186618,810State Univ.
Salisbury UniversitySalisbury 19257,650State Univ.
Bowie State UniversityBowie 18655,230State Univ. (HBCU)
Frostburg State UniversityFrostburg 18984,640State Univ.
University of BaltimoreBaltimore 19252,825State Univ.
Coppin State UniversityBaltimore 19002,380State Univ. (HBCU)
Universities at Shady GroveRockville 2000—Regional center
USM at HagerstownHagerstown 2005—Regional center
USM in Southern Maryland— —Regional center
UM Center for Environmental ScienceCambridge 1925—Research center

With more than 172,000 students at all levels, USM institutions award 78% of bachelor's degrees in Maryland.

Finances

Nearly 50 percent of undergraduates graduate without debt. 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 700 startup companies since 2011. The system's Aa1 bond rating enables its institutions to borrow at lower costs to students, families and taxpayers. Related effectiveness and efficiency initiatives have saved Marylanders nearly $600 million in administrative costs since 2004.

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

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

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.

See also

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, 2019. "U.S. and Canadian 2019 NTSE Participating Institutions Listed by Fiscal Year 2019 Endowment Market Value, and Percentage Change in Market Value from FY18 to FY19 (Revised)". National Association of College and University Business Officers and TIAA. Retrieved April 23, 2020.
  4. "About USM - USM". Usmd.edu. Retrieved August 14, 2014.
  5. "JBHE Chronology of Major Landmarks in the Progress of African Americans in Higher Education", JBHE.
  6. "University System of Maryland - Origin & Functions". msa.maryland.gov. Retrieved February 14, 2019.
  7. "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.
Wikimedia Commons has media related to University System of Maryland.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.