Word: corvey
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...Faculty funded an extra $1 million of graduate student aid and compensated for next year's 6.9 percent hike in undergraduate fees by raising student aid by 13 percent to $26.4 million, said Candace R. Corvey, associate dean for finance...
...budget office, anticipating a 4 percent inflation rate, raised faculty salaries for both tenured and junior professors by 6.3 percent, said Corvey. Personnel paychecks comprise the biggest chunk of next year's budget, amounting to a total of $67.1 million...
...recent $360 million five-year Campaign hashelped the budget office beef up faculty salaries,said Corvey. But the debt burden of the Campaignstill haunts the Faculty, with over $2 million indebt service to be payed next year. The total costfor fund drives, including the debt, will amountto $4.7 million...
Last year the cost of fundraising rose by 35percent as the development office revamped itsfundraising tactics in the wake of the Campaign.But now the FAS will only increase the amount ofmoney spent on raising money by the inflationrate, said Corvey. "The upfront investment createspressure on the budget, but more successfulfundraising will mean less pressure on tuition,"said Corvey...
...concerned about the unrestricted [fund]deficit," said Corvey. "We need to be conservativeand contain expense growth...