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Tuition Increase, Merit Raises Are Announced By Stanford Henry King Stanford In advising academic and student leaders last Monday of the tuition increase ( with the exception of the School of Medicine), President Henry King Stanford also announced that there will be a $2.1 million pool for compensation increases on a merit basis for faculty and staff. This fund is to be derived from cost savings measures adopted or planned since the anticipated $2.4 million in tuition | revenue increase will be allocated primarily for academic enrichment, additional student financial aid and renovation in the residence halls, Dr. Stanford said. The administrative recommendation of the increase in tuition averaging 6 per cent for undergraduate and graduate programs was approved by the executive and the budget review and finance committees of the Board of Trustees, as was the fund for j merit increases. The expected increase in tuition income is predicated on enrollment remaining at j approximately 12,000 full time equivalent students. While the administration does j not anticipate a decline, $550,000 of the | increased revenue will be held in reserve as an offset to decreased enrollment. If enrollment remains stable or in-I creases, the administration has approved I the recommendation of the Faculty Senate UM Women’s Commission Invites Tobias To Speak Sheila Tobias The UM Women’s Commission will present Sheila Tobias, associate prevost at Wesleyan University, as guest speaker for its fourth annual invitational meeting with UM administrators, April 27. Commission members and administrators, including deans and department chairmen, will gather at 8 ajn. for breakfast in the private dining room of the Whitten Student Union. A highlight of the meeting will be the presentation of the May A. Brunson Award to the person within the University who has made an outstanding contribution to improving the status of women at the | University. Named in honor of the second dean of | women, who served the University from 1946 until her death in 1970, the Brunson Award was established last year and the | first recipient will be named this year. The Commission’s first award, as then j unnamed, was presented to President j Henry King Stanford in 1975 “in recogni- ! tion of his support of women at the University of Miami and in commemoration of | International Women’s Year.” Continued to page 7 Respondents to Benefits Questionnaire List Medical Care As Top Concern Payments for medical care, retirement income and income protection were cited most often as areas of concern by the 818 respondents to the Employee Benefits Questionnaire. The questionnaire, which was mailed at the beginning of the year to everyone receiving any kind of University benefit, was prepared by the University Employee Benefits Committee to obtain information to be used in determining future benefits programs. Charles M. Capps, chairman, and William Sheeder represent administrative employees on the seven-person committee. Other members are Larry Mathem, maintenance; Helen Porter and Fran Mongan, staff; and Dr. Carl Snyder and Dr. Moiez Tapia, faculty. When asked to rank the importance of each of eight listed benefits, 74.3 per cent of the respondents picked payments for medical care as one of their top three concerns. Retirement income was in the top three for 63 per cent and income protection for 53.1 per cent. Need for improvement followed the same pattern, with 79.7 per cent of the respondents listing payments for medical care as one of their top three concerns, 68.2 per cent listing retirement income and 61.5 per cent listing income protection. A majority of the respondents, 67.5 per cent, said they would be willing to contribute a greater portion of their paycheck to improved benefits. Respondents were most willing to contribute for dental insurance (38.3 per cent) and retirement income (37.2 per cent) and least willing to contribute for maternity expense (8.4 per cent) and term life insurance (9.5 per cent). Employees not participating in the comprehensive medical p1an were asked their reasons for not doing so. Almost half, 48.9 per cent, said it was too costly and another 31.1 per cent said there was other Continued to page 7 that up to $300,000 of the reserve will be allocated to the library, Dr. Stanford said. As to other allocations of the tuition increase revenue, Dr. Stanford said the trustees approved the recommendation of Dr. Clyde J. Wingfield, provost and executive vice president for academic affairs, for the expenditure of $1.1 million for additional faculty and equipment needed to strengthen various undergraduate departments in the College of Arts and Sciences and the School of Business Administration, and for increased budgets for the School of Engineering and Environmental Design, the library and the undergraduate admissions office, as follows: Arts and Sciences $ 580,000 Business Administration 227,000 Engineering & Environmental Design 100,000 Office of Admissions 100,000 Library 100,000 $ 1,107,000 In the area of student financial aid, $150,000 will be allocated to cover tuition increases for students presently on financial aid. An additional $75,000 will be used to cover the NDSL matching loan program for students. Another $250,000 has been approved by the trustees as financial aid to attract students of high academic promise and to be awarded on a merit basis. The appropriation for residence halls renovation is $180,000. Dr. Stanford said that tuition and fees for 1977-78 at private colleges and universities nationwide will increase by 6.3 per cent according to the College Scholarship Service, the financial aid arm of the College Entrance Examination Board. The increase reflects the projected inflation rate for the coming year. Noting that tuition income pays only 42 per cent of the University’s present $106.9 million operating budget, Dr. Stanford told student leaders that “Revenues generated from present tuition fees are simply not sufficient to effect the needed improvements expected by many of our undergraduates. With the tuition increase, we will be able to provide a much more attractive environment, both academically and physically, for our students.” Inside This Issue ...Guatemalan field trip, page 2 ...Televised instruction, page ...Faculty Senate roster, page 5 > a > Non Pro* » O^goonction ~ "O U S POSTAGE .3 3 3- C 03 ^ PAID B ' SL 3 © <9 Miomi Florido 3 S3 -2 SL 3 PERMIT No 438 © e 3* a|| B w a For Official Use Only H. © 3 3 * TEL ©*
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Full Text | Tuition Increase, Merit Raises Are Announced By Stanford Henry King Stanford In advising academic and student leaders last Monday of the tuition increase ( with the exception of the School of Medicine), President Henry King Stanford also announced that there will be a $2.1 million pool for compensation increases on a merit basis for faculty and staff. This fund is to be derived from cost savings measures adopted or planned since the anticipated $2.4 million in tuition | revenue increase will be allocated primarily for academic enrichment, additional student financial aid and renovation in the residence halls, Dr. Stanford said. The administrative recommendation of the increase in tuition averaging 6 per cent for undergraduate and graduate programs was approved by the executive and the budget review and finance committees of the Board of Trustees, as was the fund for j merit increases. The expected increase in tuition income is predicated on enrollment remaining at j approximately 12,000 full time equivalent students. While the administration does j not anticipate a decline, $550,000 of the | increased revenue will be held in reserve as an offset to decreased enrollment. If enrollment remains stable or in-I creases, the administration has approved I the recommendation of the Faculty Senate UM Women’s Commission Invites Tobias To Speak Sheila Tobias The UM Women’s Commission will present Sheila Tobias, associate prevost at Wesleyan University, as guest speaker for its fourth annual invitational meeting with UM administrators, April 27. Commission members and administrators, including deans and department chairmen, will gather at 8 ajn. for breakfast in the private dining room of the Whitten Student Union. A highlight of the meeting will be the presentation of the May A. Brunson Award to the person within the University who has made an outstanding contribution to improving the status of women at the | University. Named in honor of the second dean of | women, who served the University from 1946 until her death in 1970, the Brunson Award was established last year and the | first recipient will be named this year. The Commission’s first award, as then j unnamed, was presented to President j Henry King Stanford in 1975 “in recogni- ! tion of his support of women at the University of Miami and in commemoration of | International Women’s Year.” Continued to page 7 Respondents to Benefits Questionnaire List Medical Care As Top Concern Payments for medical care, retirement income and income protection were cited most often as areas of concern by the 818 respondents to the Employee Benefits Questionnaire. The questionnaire, which was mailed at the beginning of the year to everyone receiving any kind of University benefit, was prepared by the University Employee Benefits Committee to obtain information to be used in determining future benefits programs. Charles M. Capps, chairman, and William Sheeder represent administrative employees on the seven-person committee. Other members are Larry Mathem, maintenance; Helen Porter and Fran Mongan, staff; and Dr. Carl Snyder and Dr. Moiez Tapia, faculty. When asked to rank the importance of each of eight listed benefits, 74.3 per cent of the respondents picked payments for medical care as one of their top three concerns. Retirement income was in the top three for 63 per cent and income protection for 53.1 per cent. Need for improvement followed the same pattern, with 79.7 per cent of the respondents listing payments for medical care as one of their top three concerns, 68.2 per cent listing retirement income and 61.5 per cent listing income protection. A majority of the respondents, 67.5 per cent, said they would be willing to contribute a greater portion of their paycheck to improved benefits. Respondents were most willing to contribute for dental insurance (38.3 per cent) and retirement income (37.2 per cent) and least willing to contribute for maternity expense (8.4 per cent) and term life insurance (9.5 per cent). Employees not participating in the comprehensive medical p1an were asked their reasons for not doing so. Almost half, 48.9 per cent, said it was too costly and another 31.1 per cent said there was other Continued to page 7 that up to $300,000 of the reserve will be allocated to the library, Dr. Stanford said. As to other allocations of the tuition increase revenue, Dr. Stanford said the trustees approved the recommendation of Dr. Clyde J. Wingfield, provost and executive vice president for academic affairs, for the expenditure of $1.1 million for additional faculty and equipment needed to strengthen various undergraduate departments in the College of Arts and Sciences and the School of Business Administration, and for increased budgets for the School of Engineering and Environmental Design, the library and the undergraduate admissions office, as follows: Arts and Sciences $ 580,000 Business Administration 227,000 Engineering & Environmental Design 100,000 Office of Admissions 100,000 Library 100,000 $ 1,107,000 In the area of student financial aid, $150,000 will be allocated to cover tuition increases for students presently on financial aid. An additional $75,000 will be used to cover the NDSL matching loan program for students. Another $250,000 has been approved by the trustees as financial aid to attract students of high academic promise and to be awarded on a merit basis. The appropriation for residence halls renovation is $180,000. Dr. Stanford said that tuition and fees for 1977-78 at private colleges and universities nationwide will increase by 6.3 per cent according to the College Scholarship Service, the financial aid arm of the College Entrance Examination Board. The increase reflects the projected inflation rate for the coming year. Noting that tuition income pays only 42 per cent of the University’s present $106.9 million operating budget, Dr. Stanford told student leaders that “Revenues generated from present tuition fees are simply not sufficient to effect the needed improvements expected by many of our undergraduates. With the tuition increase, we will be able to provide a much more attractive environment, both academically and physically, for our students.” Inside This Issue ...Guatemalan field trip, page 2 ...Televised instruction, page ...Faculty Senate roster, page 5 > a > Non Pro* » O^goonction ~ "O U S POSTAGE .3 3 3- C 03 ^ PAID B ' SL 3 © <9 Miomi Florido 3 S3 -2 SL 3 PERMIT No 438 © e 3* a|| B w a For Official Use Only H. © 3 3 * TEL ©* |
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