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9:35 pm, July 14, 2024
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EKU’s President McFaddin shares impressive stats at chamber of commerce luncheon

President David C. McFaddin was introduced by Richmond Chamber President & CEO Colleen Spencer at lunch Tuesday, September 26, 2023. Following the invocation delivered by Pastor Rob Taylor, McFaddin proudly outlined the University’s recent accomplishments.

The luncheon was held in the $130 million 330,000 square feet Science Building on Eastern’s campus which houses the STEM College of Science, Technology, Engineering, and Mathematics colleges. McFaddin explained the addition of the Manufacturing Engineering program that is the only one of its kind in the state of Kentucky. The Science Building also is home to the Biological Science program on the Eastern campus.

Dr. McFaddin stated the enrollment of 14,990 with a 79.7% retention rate is the highest percentage of recipients in Kentucky. Also, first generation freshmen enjoy a 50% rate of first in their families going to college.

Some of the recent accomplishments include the #1 Risk Management and Insurance program in the nation; #11 best online Nurse Practitioner School; #14 Best bachelor’s degree in law enforcement; and #20 Science of Nursing program.

McFaddin outlined the following EKU goals for 2023:

1)      Embrace Student Success as Our Purpose:  What is best for the students.

2)      Encourage Focus on Academic Investment:  Opened the Center for STEM.

3)      Emphasize Being an Employer of Choice:  $10.3 million investment over the last 3 years.

4)      Ensure Financial Strength:  Stabilize financial position with enrollment growth.

5)      Enhance the Campus Beautiful:  Asset preservation of $55 million across campus.

6)      Elevate the University Brand:  Raise the brand in Kentucky and outside the state.

7)      Energize Collaboration Across the Service Region:  67% of graduates employed in Kentucky

8)      Enrich Strategic Partnerships:  $90 million Model Lab and $31 million Alumni Coliseum and more Community Partnerships

McFaddin discussed the future of EKU. The President wants to increase online enrollment to 8,600 and reach total enrollment to 15,000 by 2024 and reach 80% retention rate. The 2024-2030 Master Plan includes looking at a hotel/convention center at Roy Kidd Stadium, the recruitment and retention of faculty and staff, promotion of programs nationally, and secure funding for regional airport terminal and the aviation flight school.

President McFaddin ended his speech with “How Could EKU and your business or organization partner and become the agent of change for the future.”

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