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The University of Arizona presented its five-year strategic plan at the Arizona Board of Regents meeting Friday.

UA officials said they plan to increase graduation rates, expand the university’s online degree program, grow foreign partnerships and increase international enrollment.

The university also wants to double research, said Jennifer Barton, the interim vice president of research, in the meeting.

"Doubling a very large research enterprise, our $632 million in research expenditures in (fiscal year 2013), is quite a challenge," Barton said. "And with today’s economic climate, with the impacts of the sequester, with the ending of the stimulus funding, it is quite a challenge and we expect the next few years in particular to be difficult.”

Barton said UA plans to go after more federal funds, and create new partnerships with companies and nonprofits to help bring in more money for research.