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C.2.3.%u0009 Key Finance / Revenue Diversification PrioritiesShort Term (0%u20133 yrs) Medium Term (4-7 yrs) Long Term (8%u201310 yrs)%u2015 Tuition fee enhancement %u2014 introduction of interdisciplinary programs in each school and units.%u2015 Grants from government and industry %u2014 increase grant project proposals; target 10% increase annually%u2015 Driving alumni endowments through a structured engagement calendar %u2014 covering reunions and individual outreach %u2014 to activate and strengthen global alumni chapters; target 10% increase in alumni corpus and in-kind service%u2015 Capital investment %u2014 infrastructure creation and manpower, such as in energy, sustainability, materials, etc.%u2015 Advancing joint degree programs with partner universities through a transition from individual initiatives to structured, collaborative institutional efforts%u2015 Online and distance learning programs %u2014 scaling up with quality assurance%u2015 Implementing strategic capital budgeting for coordinated infrastructure development across campuses, driven by a master plan that prioritises core investment areas and integrates sustainable waste management%u2015 Auxiliary services and asset monetization %u2014 infrastructure-sharing possibility with society; waste management system towards zero waste%u2015 Investment management %u2014 manpower development, physical infrastructure building%u2015 Endowments %u2014 for specific purposes like chairs %u2014 by alumni and well-wishers of the institution, with defined corpus targets%u2015 Mechanism for technology transfer to industry, NGOs, or governmentsSRM Institute of Science and TechnologySRMIST | INSTITUTIONAL DEVELOPMENT PLAN 2026%u20132035