Word: academicability
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The payout increase for the next academic year was approved for all University endowments and not just for the Medical School or financial aid endowments, according to a Medical School administrator.
The last major financial aid initiative was implemented for the academic year 1997, when the Medical School reduced the annual unit loan from $25,000 to $20,000, according to Ennis.
There is considerable ferment in the academic world today—about the high cost of college, about the curriculum and what students actually learn and should learn, about teaching methods, and about the quality of student life. What can be done to channel these concerns constructively into improvements?
Most college trustees have taken a docile role regarding the issues involved in the current ferment in the academic world. They seem to think of themselves only as fund raisers who should leave all other matters entirely to the college administrators and faculty. But they are fiduciaries who should not...
“The Corporation has approved a significant increase in the payout from the endowment for the academic year 2009 which means that we have more money available for this initiative from the School’s financial aid endowments,” Ennis said.