Word: tuitions
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Dates: during 1950-1959
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Presently, the school relies primarily on gifts and foundation grants, rather than on endowment income, to meet its operating expenses. Many of these large gifts will run out in 1954 and 1955. Although most are given to aid specific research of development purposes, they free unrestricted income from tuition and endowment...
...Tuition Hike Increases Need...
Last year, before the annual tuition was raised $200, the college's financial experts estimated that Radcliffe requires at least $20,000 more scholarship income. To get this, the scholarship endowment must be increased $400,000. But the new tuition hike is in many cases the back-breaking straw. Much more that $400,000 is now needed...
...exactly what the new figure will be, because we're in a transition stage right now and the exact amount will be left up to the new Dean. But it's easy to see that we need a tuition increase if the school is going to have the expanded faculty that is planned," Williams said. The current tuition is only...
Once built up, however, the Divinity School, according to Pusey, will have to support itself financially. The tuition increase is the first step in that direction...