The Miscellany News | Sept. 9, 2010

Page 1

The Miscellany News Since 1866 | miscellanynews.com

September 9, 2010

Vassar College Poughkeepsie, NY

Volume CXLIV | Issue 1

Financial aid budget largest in College history Matthew Brock Senior Editor

T

Juliana Halpert/The Miscellany News

Courtesy of Special Collections

The Mariah Mitchell Observatory is the first building to have been completed on campus. Today the Observatory houses the Education Department, where students continue to learn in the space where Mitchell gazed at the stars.

Vassar plans for Sesquicentennial Aashim Usgaonkar News Editor

N

ext spring, students, faculty, staff and administrators will engage in what can be described as one of the biggest and most poignant celebrations Vassar College has ever witnessed. Indeed, Vassar’s 150th year—its sesquicentennial— will be collaboratively commemo-

rated in grand style on campus, as well as in cities around the United States and the world. There will be two types of events scheduled over the course of 2011: four on-campus events especially planned for the Sesquicentennial, and events that already take place on a regular basis that have been modified to include a “sesqui-

twist,” according to Director of Development for Regional Programs for Almunae/i Relations and Development and co-Chair of the Sesquicentennial John Mihaly. The reason for this creative combination of programming is both to have the celebratory mood become “interesting at all levels of the campus See SESQUI on page 4

his year, a record 62.6 percent of the freshman class and 60 percent of the student body is receiving financial aid, surpassing the administration’s original estimate in the 20102011 budget. “The average financial aid package this year is $41,000, and of that $35,000 is scholarship funding while the remaining amount is a combination of federal and state grants, work study and, in some cases, loans,” said Dean of Admissions and Financial Aid David Borus. Given the average size of these grants, the College was forced to pay an extra seven figures in financial aid. “We were over our approved financial aid budget by about $1.2 million,” said Dean of Planning and Academic Affairs Rachel Kitzinger. In total, Vassar will award over $49,000,000 in grants to 1,511 students, up from $42,969,000 to 1,431 students last year, according to Director of Financial Aid Michael Fraher. “Half of this is from the incoming class and half is from returning students,” said Kitzinger.

The 666 freshman admitted this year are the most economically and ethnically diverse in Vassar’s history. Aside from the fact that 35 percent of the students in the Class of 2014 are of color, 62.6 percent of the class has been awarded Vassar scholarship funding, which is two percent more than was originally expected in the 2010-2011 budget. According to Borus, the Class of 2014 received approximately $14.5 million in aid, up from the just under $13 million received by the Class of 2013 last year. In total, the Class of 2014 has 22 more students receiving financial aid than last year’s freshman class, an increase both “due to the fact that tuition has increased and largely because more students receive aid.” According to Borus, the Class of 2014 is exceptionally diverse in part due to the efforts of the Admissions Office, which has worked to increase outreach efforts in recent years. Of course, the current economic crisis has also played a major role in this increased financial aid budget. “More families now qualify for need See FINANCIAL AID on page 4

In memoriam

College issues $50 million bond Bond financing deferred maintenance projects Molly Turpin

Editor in Chief

A

standing maturities on all of our debt amount to $172 million, after the debt issued last spring,” said Vice President for Finance and Administration Elizabeth Eismeier. According to Eismeier, bonds like the most recent issue finance the majority of deferred maintenance projects on campus. See BOND on page 4

Courtesy of the Office of Communications

t Vassar and at its peer institutions, an aging physical plant is a source of both beauty and financial concern. Deferred maintenance on an aging campus like Vassar’s represents a significant cost to the College, both in maintaining build-

ings until capital improvements can be made and in the capital improvements themselves. After issuing a bond of $50 million in the spring of 2010, the College is in the process of working through a number of capital projects. This new bond does not represent the only debt that the College is responsible for. “The out-

Gender gap Transitions program narrowing added to orientation gradually Caitlin Clevenger News Editor

Angela Aiuto Senior Editor

O

ne of the most common complaints one hears about Vassar is that there simply aren’t enough men on campus. Surely all of us have heard a love-starved student lament that they should have chosen a school with a more favorable gender ratio. For those of you who have a preference for the swarthier sex, here is a small consolation: You’re not alone, and your situation is improving. This past summer, The Atlantic Monthly ran a cover story by journalist Hannah Rosin entitled “The End of See GENDER GAP on page 5

Inside this issue

3

NEWS

Vassar’s new ZipCars set for the road

T

hirty-six members of the Class of 2014 arrived at Vassar’s campus on Aug. 21 to participate in Transitions, Vassar’s pilot pre-orientation program for students from low-income families or who are first-generation college students. The program was intended to provide the incoming freshmen with a support system and inform them of the resources available at the College. Fittingly, the Class of 2014 is the most socioeconomically diverse in Vassar’s history, with 62.6 percent receiving Vassar scholarship funds and 80 members who are first-gener-

6

ation college students. Four students envisioned a pre-matriculation program that would address the issues facing these students and engaged in an Independent Study to plan one in the Spring of 2009. Dean of Freshmen Benjamin Lotto wrote in an e-mailed statement, “the transition period for these particular students is critical and it is the institution’s responsibility to address the issues of all students.” “I would like nothing better than to offer a program like Transitions to all incoming students who wish to take advantage of it. However, the cost of such a program in the current economic cli See TRANSITIONS on page 3

FEATURES

Farmers Market vendors passionate about their products

Remembering Virginia B. Smith On Friday, Aug. 27 the College lost one of its most influential leaders. The Miscellany News would like to honor the memory of President Emerita Virginia B. Smith. Please see our tribute to President Smith on page 7.

14 ARTS

FLLAC programs ready to travel the campus


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.