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Purdue University on Thursday announced a plan to create a new cross-disciplinary bachelor's degree. The Purdue Polytechnic Institute, which is a recently launched "transformational engine" housed in the College of Technology, will design the degree program. Mitch Daniels, the university's president, in January announced a contest for departments to submit proposals for a three-year degree and competency-based programs. The institute won the $500,000 prize for its competency-based degree idea.