The Restructured Higher Education Financial and Administrative Operations Act (Restructuring Act) provides a framework for transforming public higher education in Virginia. "The passage of this important legislation is grounds for optimism about the future of higher education in our state and especially about the future of the University," said President Emeritus John T. Casteen III. "Within this new framework, we will carry Jefferson’s early vision of the University forward while preserving the character and quality that make this institution unique among its peers."
This site provides an historical context and outlines the unprecedented opportunities the University will receive under Restructuring. Documents and reports will be posted regularly detailing the progress the University is making under this new agreement with the Commonwealth.