Community discusses funding for SLRPII
Victor Lopez
Issue date: 2/19/10 Section: News
Recently students met with Jeff Favolise, Assistant to the President for Planning and Management, for the last public forum regarding the Strategic Long-Range Plan (SLRP II).
SLRP II differs from SLRP I, which focused mainly on the college's finances. "SLRP is about student outcomes," Favolise said.
Students exchanging ideas at the forum asked Favolise how Guilford hoped to come up with funding to pay for potential initiatives in SLRP II, like January terms, study abroad, and internet portfolios for students.
"Funding will be looked at in the next few weeks; this is still a fluid process. We don't have solid initiatives yet. Funding is going to be an issue that will have to be examined closely" said Favolise.
Kent Chabotar, President and Professor of Political Science, agreed with Favolise.
Chabotar said we have not finished the plan, so there are as yet no decent numbers on new revenues and expenses. He said it was very likely that SLRP II would not depend on enrollment growth to nearly the extent that SLRP I did, if at all.
Chabotar said, "SLRP II is about the core business of education and outcomes, and will be gathering under one umbrella previously funded programs like principled problem solving, Guilford Connects and the like. plus new revenue from operations, gifts and other sources."
He also said it was too early to say how much all this will cost or where we will obtain the money to pay for it.
There are those like Jerry Boothby, Vice President of Finance, who said SLRP II is going to be very exciting, with initiatives that can be reached financially. Boothby said trustees are interested in helping in many ways.
"We are trying to identify funds, gifts and grants; we don't want initiatives we can't fund," said Boothby.
However, there are some who predict that the initiatives SLRP II is considering will be financially unrealistic.
Bob Williams, Chairmen of the Budget Committee, said he directed Favolise "not to think about spending too much money."
SLRP II differs from SLRP I, which focused mainly on the college's finances. "SLRP is about student outcomes," Favolise said.
Students exchanging ideas at the forum asked Favolise how Guilford hoped to come up with funding to pay for potential initiatives in SLRP II, like January terms, study abroad, and internet portfolios for students.
"Funding will be looked at in the next few weeks; this is still a fluid process. We don't have solid initiatives yet. Funding is going to be an issue that will have to be examined closely" said Favolise.
Kent Chabotar, President and Professor of Political Science, agreed with Favolise.
Chabotar said we have not finished the plan, so there are as yet no decent numbers on new revenues and expenses. He said it was very likely that SLRP II would not depend on enrollment growth to nearly the extent that SLRP I did, if at all.
Chabotar said, "SLRP II is about the core business of education and outcomes, and will be gathering under one umbrella previously funded programs like principled problem solving, Guilford Connects and the like. plus new revenue from operations, gifts and other sources."
He also said it was too early to say how much all this will cost or where we will obtain the money to pay for it.
There are those like Jerry Boothby, Vice President of Finance, who said SLRP II is going to be very exciting, with initiatives that can be reached financially. Boothby said trustees are interested in helping in many ways.
"We are trying to identify funds, gifts and grants; we don't want initiatives we can't fund," said Boothby.
However, there are some who predict that the initiatives SLRP II is considering will be financially unrealistic.
Bob Williams, Chairmen of the Budget Committee, said he directed Favolise "not to think about spending too much money."
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