Saturday, October 25, 2014

About  Contact  Join  Donate


Catholic Education Daily

 

Belmont Abbey College Announces New Plan to Operate Exclusively on Tuition

Belmont Abbey College announced today the goal of operating on tuition alone within the next three years to combat the “college affordability crisis,” according to a press release.

The new “Affordable Private College Model” will “serve students better, shrink general administrative costs by $1 million annually and eliminate the need for ‘gap’ funding,” according to the College’s website.

This is the second in a series of steps to make higher education more affordable and more accessible.  In 2013, the College reduced tuition by 33% for incoming students, as was reported.

The College reports:

“For most small private colleges there is a gap between what it costs to operate a college and the revenue received from tuition,” said Belmont Abbey College President, Dr.Bill Thierfelder. “In the past, the only way to close that gap was to raise tuition prices and rely on endowment earnings and annual donations. We’re closing that gap by creating more efficient and effective ways of serving our students. These improvements will reduce the size of our administration, which will move us closer to operating exclusively on tuition. This will allow us to focus fundraising on student learning, not closing a gap."

“One of the most exciting benefits of the new Affordable Private College Model will be focusing all future fundraising efforts on student learning and success," said Dr.Thierfelder. “At the most basic level, a college exists to bring together individuals with wisdom, knowledge and experience with those who are seeking them. It is about the student-teacher relationship. Therefore, the majority of financial resources should go to teaching and learning, not to administration.”

Starting this fall, current students will see a significant improvement in levels of service. A new Student Services Hub will open on campus and serve as a single source for all administrative functions, including class registration, financial aid, bill payment and more.  Also, a new website called The Hub will serve as an online student services portal and answer more than 200 frequently asked questions by directing students to step-by-step instructions, tutorials and videos.

Belmont Abbey College is recommended in The Newman Guide for its strong Catholic identity.

Catholic Education Daily is an online publication of The Cardinal Newman Society. Click here for email updates and free online membership with The Cardinal Newman Society.

Departments

Renewal Report

Minimize

Latest Featured

Catholic Is Our Core

Maximize

More News Categories

Maximize

Subscribe

Minimize

Join Us

Join thousands of Catholic families and individuals standing with The Cardinal Newman Society for faithful Catholic education. Members receive news roundups by email, about weekly.

Start your no-cost membership now!

Minimize

Donate

Our work is possible only through the generosity of countless supporters who share our mission. We have promoted and defended faithful Catholic education for 20 years! Please support our successful work by making a donation today.

Minimize

Stay Connected

Keep up with the latest developments by joining our social media networks:

Facebook

Twitter

Google Plus

Linkedin

Connect on Facebook

Maximize

Links to News Sites

Maximize

Links to Blog Sites

Catholic Identity Concerns|Faith in Education|From the Bishops and Vatican|Religious Freedom | Terms Of Use | Privacy Statement
Copyright 2014 by Cardinal Newman Society -- 9720 Capital Ct., Ste. 201, Manassas, VA 20110