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Tag: Financial Budget
HBCUs
Fundraise or Die Trying: Bennett, Cheyney and the Future of HBCUs
In 2019, historically Black colleges and universities (HBCUs) are learning the hard way that fundraising over $8.2 million dollars in less than 60 days may not be enough to keep hope alive. The $8.2 million dollar figure refers to the amount raised by North Carolina’s Bennett College between December 2018 and February 2019 as a part of the #StandwithBennett campaign that garnered national attention after celebrities publicly endorsed the college’s effort to retain its accreditation. Yet, despite all of Bennett’s efforts, the college’s accreditation was pulled.
April 8, 2019
News Roundup
Cheyney President Announces New Fundraising Campaign to Improve School Budget
Although there have been concerns by the head of the Pennsylvania’s state system about Cheyney University’s accreditation and finances, university president Dr. Aaron A. Walton announced a fundraising campaign to help balance the school’s budget by June 30 and pledged to work to keep the institution going. “We will have a balanced budget,” Walton said […]
March 6, 2019
News Roundup
Southern Vermont College to Shut Down After Spring Semester
As a result of a decline in student enrollment and related budget issues, Southern Vermont College (SVC) officials have announced there is “no way forward” for the college and plans to close its doors at the end of the spring semester. The decision follows one day after a show-cause hearing before the New England Commission […]
March 4, 2019
Latest News
Hampshire College May Merge in June
Citing financial concerns, Hampshire College president Dr. Miriam Nelson announced in an email that the school would like to merge with another higher education institution by June.
January 15, 2019
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