If you have visited ASU, attended a university event or engaged with us otherwise, chances are you have seen our New American University brochure, a brief outline of our official university charter, our mission areas and the specific related goals we aim to achieve. As ASU advances its work, measures its progress, and fulfills its metrics, it is necessary to revisit our institutional priorities, re-examine the needs of our community, and update our targets.
Our team just completed this process, and while our four mission objectives are unchanged (1) demonstrate leadership in academic excellence and access; 2) establish national standing in academic quality and impact of colleges and schools in every field; 3) establish ASU as a leading global center for interdisciplinary research, discovery and development by 2025; and 4) enhance our local impact and social embeddedness, several key goals have been expanded. Among them, we aim to improve our freshmen persistence rate to more than 90%; our graduation rate to more than 80%; and our annual research expenditures to $815 million.
These principles and metrics represent the foundation and motivation for everything we do at ASU and in the days ahead, you will see our updated ASU charter and goals shared widely, and I ask that you take a few minutes to read it, send feedback, and let me know how this information can aid your efforts to move Arizona forward.