Recommendation from the Stewardship Task Force:
Fund endowed scholarships to provide accessibility to a Gustavus education.
Additional explanation:
Tuition has risen to such a point that it has begun to erode the competitive edge it once offered to private academic institutions such as Gustavus and their prospective student bodies. What was once an advantage is now a liability. By securing funds that allow families to cap their tuition spending, we open the door to a more diverse student body built upon academic achievement, merit, and service to the community. In addition, the financial relief such an offer provides further improves the College’s position as families decide where to invest in their student’s college education. Strive to meet 100 per cent of identified student need with scholarship and a reasonable level of student employment and loans.
This recommendation was placed in the Tangible Resources Strategic Framework Substantive Category using the language:
Meet 100% of defined financial need for all students—including students from underrepresented communities—through scholarships and a reasonable amount of student employment and loans, including making study away need-blind.
This recommendation was placed is Tier 2 and is being monitored by the Vice President for Enrollment Management.
[…] Endowed Scholarships […]