Students share mixed feelings about donating to Cabrini

DONOR, page 1 payouts for large pledges to the campaign, however, do create fluctuations in giving, and this is what we have seen this year with the completion of some larger gifts that were made to SETas part of the campaign,” Jacobson said. ence education because most of my time spent here has been learning about biology and other sciences. I’d rather donate to a needy school where some kids cannot afford to pay for college,” Meyers said.

Allison Gidich, a sophomore exercise science major, said that she won’t donate to Cabrini right after she graduates, but maybe in the future.

Jacobson said that contributions are extremely important to Cabrini, but over the past few years, while the amount of money given by alumni has increased, the number of alums donating has decreased, which is

Approximately 27 cents of each annual fund dollar contributed helps support grants and scholarships for Cabrini students,” Jacobson said. Tuition alone only covers 67 percent of the cost associated with student’s education at Cabrini.

When asked what a solution for the decrease in contributed funds should be, Cabrini students had mixed feelings.

“Cabrini’sendowment is lower than comparable institutions of higher education. As a general rule of thumb a college would like to raise an endowment that’stwice the size of its annual operating budget.”

“After I pay off my loans maybe, but I’m going to be working amediocre job. It’s already going to take me five to 10 years to pay off my loans,” Gidich said.

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Nicole Meyers, a sophomore pre-nursing major, said that she would donate to the science department at Cabrini in the future because she feels it has made the biggest impact on her college career.

“I would only donate to the science department if it helped kids get a better sci-

Jacobson, director for Corporation Foundation and Government Relations

“I think Cabrini gets enough money,but I don’tknow how a private institution works. With our year and the recent freshman class, there should be a ton of money coming in,” Gidich said.

Cabrini Works to Bring Individual Giving Closer to National Average

agrowing trend in higher education. Cabrini uses these contributions to set up grants and financial aid for students. Twentyseven percent of Cabrini’s annual intake goes to scholarships and financial aid. The next biggest chunk, 25 percent, is used to fund academic programs.

“Cabrini spends approximately $10 million annually on institutional financial aid, which represents over one-fifth of the annual operating budget.

“They should get students involved because so much money is given out in scholarships and academic grants. It would be good to see students working hard for the money that they were given,” Meyers said.

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