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It's because they're an extension campus of IU. They dropped Purdue so that the city of Indianapolis could have an R1 institution.If no one cares about IUI, why are they getting $90M in taxpayer money for a news sports complex and we aren't? Because people care even less about Indiana State? Sad but true. Oh, but hey, they did give us $37M to renovate the Hulman Center.
It's because they're an extension campus of IU. They dropped Purdue so that the city of Indianapolis could have an R1 institution.
The billboards just advertise the school as "IU Indianapolis" rather than "IUPUI" like they used to. I just noticed the change last month.
When they announced the split a while back, one of the reasons was that Indianapolis was the the largest city in the USA without an R1 institution. I don't know the details on how they rate schools, but with the split the new IUI will be able to take credit for certain degrees (like the medical school) that they weren't allowed to officially take credit for before.