NSU President's Report | 2021

Message from the President The COVID-19 pandemic created unprecedented challenges for the entire world in 2020, and many challenges remain in 2021. Nova Southeastern University adapted to the learning and health challenges posed by the pandemic thanks to the dedication of our faculty, our staff, and of course, our students. With the health and safety of our communities as a top priority, NSU made significant technology investments, upgrading 700 classrooms across all campuses and training more than 1,700 faculty members on online learning applications. Across all campuses, NSU installed ionization filters in highly trafficked areas and set up hand sanitizer stations. We also successfully rolled out a hybrid learning model for the entire university, while remaining poised for a seamless transition to normal modalities in fall 2021. NSU experienced continued strong financial performance in fiscal 2021, with total net assets now exceeding the billion-dollar threshold, standing at $1.1 billion as of June 30, 2021, increasing over 13 percent from June 30, 2020. Robust operating cash flows supported increases in our liquidity, and thanks to strong market returns and new gifts received, the pooled endowment fund reached $185 million, up over $50 million (or 40 percent) since last June, and more than doubling in size over just the last five years. Amid an unprecedented global pandemic, we remained steadfast in our commitment to advancing the university’s strategic priorities, all while ensuring meticulous attention to the health and safety of the NSU community. As a result, fiscal 2021 yielded: • sustained overall enrollment growth, driven by the targeted expansion of undergraduates; • record-high freshman enrollment, for the fourth straight year; George L. Hanbury II, Ph.D. President and Chief Executive Officer Nova Southeastern University • continued expansion in high-demand health professions programs; • emphasis in innovation and technology, with the creation of the Alan B. Levan I NSU Broward Center of Innovation, as well as classroom upgrades; and • enhanced ranking and reputation, emanating from improved academic quality and advancements in research. The NSU community has adapted admirably to the pandemic, and progress has continued as students at all levels work toward their degrees. And despite the pandemic, NSU welcomed its largest incoming undergraduate class ever in fall 2020. Students who completed their programs were able to experience an in-person commencement in May, with safety protocols observed, outdoors at the Hard Rock Stadium. At the start of the fiscal year, we successfully merged two colleges into the newly named Halmos College of Arts and Sciences and the Guy Harvey Oceanographic Research Center. We also reorganized the Mailman Segal Center for Human Development to enhance its cross-disciplinary strengths by integrating it with the Abraham S. Fischler College of Education and School of Criminal Justice, the College of Psychology, and the NSU University School. Additionally, the Dr. Kiran C. Patel College of Allopathic Medicine (NSU MD) earned provisional accreditation from the Liaison Committee on Medical Education. This is the important second step to full accreditation, which is planned for by 2023. Social upheaval across the country this last year highlights how important diversity and inclusion are. Diversity is one of NSU’s eight core values, and in 2021, we launched a two-pronged effort to show our commitment to enhancing and fostering an existing diverse, equitable, and inclusive atmosphere for students, faculty, and staff. The first part of our new effort is the Diversity, Equity, Inclusion, and Belonging Office within our Office of Campus Life and Student Engagement. This student- focused office will accomplish meaningful goals in pursuit of these four principles. We also created a Belonging, Equity,