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"Some college administrators seem so distracted with fund raising, academic infighting, and community initiatives that they set up their emergency communications departments very poorly. Training is poor to nonexistent, secretaries are pressed into service with tremendous responsibilities for running 'notification systems' 24/7 and on weekends because no one else knows how to do it and the administration won’t pay for additional staff. Procedures are seat-of-the-pants and dependent on HIPPO (highest paid person’s opinion), except when something like Virginia Tech happens and there is some sort of scramble to do something different." --Donna
Most Colleges Avoid Risk Management, Report Says
Jill Biden Shines a Global Spotlight on American Community Colleges
Speaking at a Unesco conference in Paris, the vice president’s wife stressed the importance of two-year institutions to the nation’s educational goals.
Connecticut Public Colleges Lose 200 Professors to Early Retirement
Administrators are scrambling to plug holes in their course schedules for fall, with most expecting to do so by hiring more adjuncts or increasing class sizes.
U. of Georgia Paid 2 Fraternities $2.4-Million to Relocate, Contracts Show
The two were among five with houses on property where the university plans to build new academic facilities.
New Allegations in Admissions Controversy at U. of Illinois Suggest Ex-Provost Played a Role
Linda P.B. Katehi, the incoming chancellor of the University of California at Davis, has insisted she knew nothing of the admission of politically connected applicants at Illinois.
Sonoma State U. Foundation May Lose $350,000 on Loan to Former Board Member
The foundation will be forced to issue fewer scholarships in the 2010-11 academic year because of a diminished endowment, a university official said.
College Suspends Student for Working in Gay Pornography | 58
President Obama's Visit to Notre Dame Carries Barely a Hint of Controversy That Preceded It | 58
Drug Sting Nabs 21 Students at U. of Illinois | 57
Faculty Members and Union Protest Staff Layoffs at Temple U. as 'Cruel' | 57
North Dakota Board's Vote Puts 'Fighting Sioux' Mascot on Thinner Ice | 57
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October 1, 2008
Vanderbilt U. to Replace Loans With Grants for Students
Amid dire financial forecasts for the nation’s economy, Vanderbilt University has unveiled plans to expand its financial-aid program, announcing this morning that it would replace loans with grants for all eligible students.
Vanderbilt’s new initiative will not include income caps, according to Douglas L. Christiansen, associate provost for enrollment and dean of admissions. “We didn’t want to pigeon-hole families to an income bracket,” Mr. Christiansen said in an interview. “We’re trying to focus on demonstrated need to open access to middle-income families who feel priced out.”
Vanderbilt, which practices need-blind admissions, expects the new policy to add nearly $15-million to its annual financial-aid budget. Vanderbilt students receive a total of about $70-million annually in institutional aid.
The university plans to raise $100-million over the next several years to help finance the new program. —Eric Hoover
Posted on Wednesday October 1, 2008 | Permalink |Comments
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Makes me proud to call myself an alumnus… I just hope this will remain sustainable in the long-term.
— nkn Oct 1, 08:55 AM #
It’s only going to be sustainable if these students are made to understand what a fantastic privilege this is (and NOT something to which they are entitled) and that they are obliged to reciprocate by being very generous donors once they become alumni/ae.
My problem with this sort of program is that we have no way of estimating to what degree this might encourage students to extend their undergraduate education by a year or two. Hopefully well-meaning colleges will see the wisdom in limiting this generousity to the first four years.
— J. Ward Oct 1, 02:58 PM #
It would be interesting for them to report what percentage of their students qualify for any need-based financial aid. A program of this sort is much easier to implement when the majority of the students are paying full price.
— msm Oct 1, 04:18 PM #
A great idea. Too bad I recently paid off my student loans from my days at Vandy…
— DJ Oct 1, 04:36 PM #
Much credit to Vandy’s new Chancellor. Shows great understanding of the huge need to have more economic diversity in a very talented undergrad student body…
— Johan Madson Oct 5, 06:32 PM #