*/,*2 <: 6<; 65305,! >>> :1**;04,: *64
7,0HV &,7< &2//(*(
56=
=63 56
6WXGHQWV YRLFH WKHLU FRQFHUQV DW ¶'UHDP )RUXP· $ SXEOLF PHHWLQJ ZDV KHOG RQ 2FW LQ WKH 6WXGHQW &HQWHU WR GLVFXVV WKH JRDOV DQG SODQV RI 6DQ -RVH &LW\ &ROOHJH %< $0$5$+ (1.,/ 7,0(6 67$))
+HOS LV FRPLQJ IRU 6DQ -RVH &LW\ DQG (YHUJUHHQ &ROOHJH $ SXEOLF PHHWLQJ ZDV KHOG 2FW LQ WKH 6WXGHQW &HQWHU WR GLVFXVV WKH JRDOV DQG SODQV RI WKH QHZ 'UHDP )RUXP 7KH 'UHDP )RUXP LV D QHZ ERG\ WKDW KDV EHHQ FUHDWHG ZLWK LWV KRSHV VHW RQ WKH DFKLHYPHQW DQG VXFFHVV RI 6-&& DQG (YHU JUHHQ VWXGHQWV 6-(&&' &KDQFHOORU 5LWD &HSHGD VDLG ´6WXGHQWV DUH P\ SDVVLRQ µ 7LPH ZDV VSHQW ÀQGLQJ RXW ZKDW H[DFWO\ VWXGHQWV DUH KDYLQJ WURXEOH ZLWK DQG ZKDW FKDOOHQJ HV REVWDFOHV WKH\ DUH FRSLQJ ZLWK EXW ZRXOG OLNH WR RYHUFRPH
DV ZHOO DV ZKDW SURJUDPV DUH LQ SODFH WKDW DUH KHOSLQJ VWXGHQWV DQG ZRUNLQJ ZHOO DUH ]HURHG LQ RQ DQG DGYDQFHG (YHU\ VHPHVWHU VWXGHQWV FRPSODLQ DERXW WKH REVWDFOHV WKH\ HQFRXQWHU ZLWK FODVVHV WHDFKHUV WXWRUV DQG ÀQDQFLDO DLG 7KH JOLWFKHV LQ WKH OHDUQLQJ V\VWHP PDNH LW KDUG IRU WKHP WR DFKLHYH WKHLU GUHDPV 7KH PRVW FRPPRQ FRP SODLQWV WKDW KDYH EHHQ H[SUHVVHG DUH WKRVH ZLWK (QJOLVK 0DWK DQG ÀQDQFLDO DLG 7KRVH UHFHLYLQJ DVVLVWDQFH IURP ÀQDQFLDO DLG YRLFHG WKHLU H[SHFWDWLRQV WKDW WKH FKHFNV FRPH LQ RQ WLPH WR SD\ IRU WKH FODVVHV WKH\·UH WDNLQJ XQIRUWX QDWHO\ FKHFNV DUH FRPLQJ WRR ODWH HYHQ DIWHU WKH FODVV KDV
$&&5(',7$7,21 1(;7 67(36 7KH QH[W VWHSV LQ DFWLRQ SUHSDUHG E\ &HSHGD Q 1RY 7HQ GD\V IURP YLVLW WKH 7HDP &KDLU ÀQDO L]HV WKH UHSRUW LQFOXGLQJ QRWHV IURP DOO WKH SDUWLFL SDQWV Q 1RY 5HYLHZ DQG FRUUHFW ZLWKLQ WZR ZHHNV 7HDP &KDLU IRUZDUG GUDIW UHSRUW WR FROOHJH SUHVLGHQW IRU UHYLHZ WR FRUUHFW ´HUURUV RI IDFWµ Q 1RY 2QH ZHHN DIWHU UHFHLSW RI GUDIW IURP WKH FROOHJHV &KDLUV SUHSDUH ÀQDO GRFXPHQW DQG VXEPLW WR WKH $FFUHGLWDWLRQ &RPPLVVLRQ Q -DQ 6HPL $QQXDO &RPPLVVLRQ 0HHWLQJ LQ 6DQ )UDQFLVFR &RPPLVVLRQ 5HYLHZV DQG $FWV RQ WKH 5HSRUW LVVXHV IRUPDO ÀQGLQJV DQG UHFRPPHQGD WLRQV
$1$/,&,$ 1$-(5$ 7,0(6 67$))
7KH 6DQ -RVH &LW\ &ROOHJH 0 ( &K $ FOXE DVVHPEOHG RXWVLGH RI WKH 0(7$6 &HQWHU DW 6-&& RQ 1RY WR SURPRWH DZDUHQHVV IRU WKH &DOLIRUQLD 'UHDP $FW HQGHG $GMXVWLQJ WR WKH VFKRRO OLIH DJDLQ FDQ EH WRXJK HVSHFLDOO\ LI \RX DUH GHSHQGLQJ RQ D FKHFN WKDW LVQ·W FRPLQJ LQ RQ WLPH $I WHU MXPSLQJ EDFN LQWR WKH OHDUQ LQJ SRRO IURP KRZHYHU KLJK VWXGHQWV FDQ·W EH H[SHFWHG WR
SHUIRUP DFDGHPLF VXPPHUVDXOWV DQG EDFNÁLSV ZLWK HDVH EXW PDQ\ IHHO WKH\ DUH (QJOLVK ZDV SUHVHQW DW WKH PHHWLQJ DQG WKH\ ZHUH DVNHG WR WDON DERXW WKH KDUGVKLSV RU SUREOHPV WKH\ H[SHULHQFH WKH IDFXOW\ OLVWHQHG DQG HYHU\WKLQJ ZDV GLVFXVVHG
6-&& KDV QRW EHHQ OHIW LQ WKH GDUN ZLWKRXW D OLJKW DV LW PD\ VHHP $ UHSUHVHQWDWLYH IURP WKH 8QLYHUVLW\ RI 7H[DV DQG D FRDFK IURP 6-&& VWDWHG ´7U\LQJ WR VWHS XS WKH HIIRUWV RI 6-&& DQG (YHUJUHHQ KHOSV HYHU\RQH VXF FHHG µ
&KDQFHOORU IROORZV XS RQ DFFUHGLWDWLRQ H[LW EULHÀQJ &RQVLVWHQW OHDGHUVKLS ODFNLQJ RQ 6-&& &DPSXV VDLG 5LWD &HSHGD 6DQ -RVH &LW\ &ROOHJH KDG PRUH UHFRPPHQGDWLRQV WKDQ 2Q 2FW WKH &ROOHJH 9LV (YHUJUHHQ 9DOOH\ &ROOHJH LWLQJ 7HDP OHIW UHFRPPHQGD ,W LV GLIÀFXOW SODQQLQJ FXU WLRQV DW DQ H[LW EULHÀQJ E\ 'U ULFXODU GHYHORSPHQW LVVXHV -RKQ 0RUWRQ 7HDP &KDLU IDFLOLWLHV DQG HYDOXDWLRQV VDLG ´7KH VFKRRO ZDV QRW VXU &HSHGD SULVHG DERXW WKH $FFUHGLWDWLRQ ´$ ORW KDV WR GR ZLWK ODFN RI VLWH UHYLHZ UHFRPPHQGDWLRQV µ OHDGHUVKLS µ VDLG &HSHGD
%< 2/,9,$ 3$<1( 7,0(6 67$))
7KH GHFLVLRQ RI WKH DFFUHG LWLQJ FRPPLVVLRQ RQ WKH VWDWXV RI WKH FROOHJH ZLOO QRW EH NQRZQ XQWLO PLG -DQXDU\ ,I 6-&& SDVVHV ZLWK Á\ LQJ FRORUV WKH FROOHJH ZLOO QRW JHW DQRWKHU YLVLW IRU VL[ \HDUV &HSHGD LV FRQÀGHQW WKDW RXU
6HH $&&5(' SDJH
,1 7+,6 ,668( RI WKH &,7< &2//(*( 7,0(6
2Q 3DJH
2Q 3DJH
2Q 3DJH
7KH &LW\ &ROOHJH 7LPHV FODLPHG DZDUGV RQ 1RY DW WKH -RXUQDOLVP $VVRFLDWLRQ IRU &RPPXQLW\ &RO OHJHV PRUH WKDQ DQ\ RWKHU \HDU
6HH WKH SLFWXUHV VKRZFDVLQJ WKH &RVPHWRORJ\ 'HSDUWPHQWҋV VWX GHQWVҋ WDOHQWV DV WHFKQLFLDQV DQG PRGHOV LQ WKH KDLU VKRZ RQ 2FW
5HDG ZKDW PHP EHUV RI WKH FDP SXV FRPPXQLW\ DUH GRLQJ IRU WKHLU 7KDQNVJLYLQJ KROL GD\ EUHDN LQ WKLV LVVXHҋV )DFHV ,Q 7KH &URZG
5,?; 0::<,! +,* , 4(03 <:! *0;@*633,.,;04,:'1(.<(9: :1** ,+<