<p>Newly inaugurated IU President Michael McRobbie unveiled his master plan for the University on Thursday (October 28th). </p>
<p>At the forefront of his plan are commitments to remodel all dorms on the Bloomington campus, allocate $1 billion for construction of new buildings and continue a dedication to hire the world’s leading faculty.</p>
<p>“By early next decade, our goal is nothing short of having nearly a billion dollars of new construction underway, providing the essential space and facilities to support world-changing and life-enhancing research, education of the highest quality and innovations to fuel the state’s economy,” McRobbie said in his inaugural speech.</p>
<p>[President</a> aims to improve facilities, bring top faculty to IU](<a href=“http://www.idsnews.com/news/story.aspx?id=45506&comview=1]President”>http://www.idsnews.com/news/story.aspx?id=45506&comview=1)</p>
<p>Other major plans are to fund scholarships by raising $1 billion:</p>
<p>A billion dollar fund-raising effort at Indiana University is paying for scholarships the university has never offered before. </p>
<p>[WTHR</a> - Indianapolis News and Weather - IU scholarships offer new opportunities](<a href=“http://www.wthr.com/Global/story.asp?S=7281947&nav=9Tai]WTHR”>http://www.wthr.com/Global/story.asp?S=7281947&nav=9Tai)</p>