Independent College Education
"Independent College Education" submitted by SchoolGrantsfor Editorial Team and last updated on Friday 22nd July 2011
Independent college is a nonprofit, private college that is not run by a government organization. An independent college education is affordable to students of all family incomes, with a wide variety of federal and state grants, institutional grants, work-study, and loans available. Students from all family-income levels are just as likely to attend private colleges as public universities. The high quality of education at a nonprofit, independent college is more affordable than most people think. Look at the facts:
An independent college education is affordable to students of all family incomes, with a wide variety of federal and state grants, institutional grants, work-study, and loans available. Students from all family-income levels are just as likely to attend private colleges as public universities. The high quality of education at a nonprofit, independent college is more affordable than most people think. Look at the facts:
- 84 percent of full-time students at independent colleges and universities receive financial aid, with three-quarters of that is grant aid coming from the colleges themselves, not government grants.
- That adds up to four times as much grant assistance from independent colleges as the federal government provides.
- At state universities, only one-fourth of students receive aid from the institution.
- The average tuition that students actually pay at independent colleges has declined over the past decade, after adjusting for grant aid and inflation.
While private colleges often come with a bigger tuition “sticker price” than state universities or for-profit colleges, independent colleges and universities are affordable to all because of the availability of significant financial aid.
Independent Colleges and Universities are available throughout the state. While many educational institutions are capping their enrollment and turning away qualified students, independent colleges have an exceptional record of openness to all students, particularly … minority, urban, rural and physically challenged students. It guarantees access for all Florida community college graduates to independent colleges and universities.
Choosing a college should not, however, rest solely on financial considerations. There are approximately 650 independent colleges and universities in the U.S., representing diverse approaches to college—liberal arts colleges, men’s and women’s colleges, historically Black colleges, “great books” colleges, “work” colleges, and colleges affiliated with every religious denomination and many that are secular. These independent colleges emphasize effective teaching and learning, and student engagement. Faculty members spend a great deal of time with teaching and advising students and take great pride in their students’ academic progress. All of that adds up to great value.
Independent College 500 Index
The Independent College 500 Index (IC 500) is compiled annually from College Board data about the costs of enrollment in higher education. Using enrollment-weighting techniques, the College Board can calculate a student's average annual expenses and compute average prices charged by institutions. Results of the 2010-11 IC 500 index were audited and certified by Deloitte on July 15, 2010.
The IC 500 measures the rates of change in direct charges (defined as full-time tuition and fees plus room and board) for most first-year, full-time students at 500 participating independent colleges. These 500 institutions are the highest priced independent schools based on the data submitted to the College Board as part of the Annual Survey of Colleges. In addition to being the highest priced schools, at least 15 percent of full-time undergraduates must live in college housing at these institutions in order to be included in this study.
More questions about the computation or updating of the Independent College 500 Index or other College Board measures of average prices and expenditures should be directed to: Joel Goldman, The College Board, 11955 Democracy Drive, Reston, VA 20190, Phone: (571) 485-3425, Email: jgol...@collegeboard.org
Council of Independent Colleges (CIC)
Founded in 1956, the Council of Independent Colleges (CIC) is an association of independent colleges and universities working together to:
support college and university leadership,
advance institutional excellence, and
enhance private higher education's contributions to society
CIC is the major national service organization for all small and mid-sized, independent, liberal arts colleges and universities in the U.S. CIC is not a lobbying organization, but rather focuses on providing services to campus leaders as well as seminars, workshops, and programs that assist institutions in improving educational programs, administrative and financial performance, and institutional visibility. They propose that they be increasingly prominent in shaping the substance of CIC's work:
- Financing High Quality Education
- Making the Case for Independent Colleges and Universities
- Presidents and Trustees
- Faculty, Institutional Mission, and Leadership
- Changing Student Body
- Ensuring Quality
Financing High Quality Education
Taken together, the set of financing issues constitutes the most important challenge for independent institutions. Consensus on the primacy of this issue is not new; CIC's annual presidents' survey has often asked for a ranking of critical issues, and financing issues have always topped the list. A number of specific issues fall under this broad rubric.
On the revenue side, tuition revenue (now often affected by tuition discounting) was the most frequently mentioned topic, obviously related to higher education's present market orientation. Indeed, trends in tuition discounting raise profound questions about pricing strategies in the independent sector. Endowment management was also often raised. Interestingly, issues such as fundraising or mounting educational programs with different cost structures and revenue potential were not mentioned as frequently as in the past, though we know that presidents and other campus leaders continue to devote significant attention to them. Visit: http://www.cic.edu/
National Association of Independent Colleges and Universities (NAICU)
The National Association of Independent Colleges and Universities (NAICU) serves as the unified national voice of independent higher education. Since 1976, the association has represented private colleges and universities on policy issues with the federal government, such as those affecting student aid, taxation, and government regulation. Today, through new communication technologies, an improved governance structure, and increased member participation, NAICU has become an even more effective and respected participant in the political process.
In addition, NAICU works cooperatively with its fellow presidential associations, as well as the many other specialized higher education associations, in spearheading major public initiatives. Such projects include: the Student Aid Alliance, an effort to enhance funding for existing student aid programs; the non-partisan National Campus Voter Registration Project that helps colleges and universities encourage voter registration and increase voter education in presidential and congressional elections; and CampusCares, a national campaign to recognize the community service performed by millions of students, faculty and staff. More Info: http://www.naicu.edu/