Keck, Daniel N.

English

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PRESIDENT'S REPORT Enro llment- Spring Quarter Spring quarte r enrollment figures showed a 14% ~ ~rpase over the comparable figures a year ago. This f ol lowed i ncreases 1 n'- -of 13% for the Fall Semester/Fall Quarter and 18% for the Spring Seraester/Win ter Quar ter. Specific enro l lment figures by category a re as fo llows : 1988 1989 Change Evening (undergraduate ) 142 151 +9 +6 % LCIE (undergraduate) 169 26 8 +99 +59 % LCIE (graduate) 100 150 +SO +50% MH/WP (undergraduate) 30 19 - 11 -37 % MBA 318 313 -5 -2% Other 88 68 -20 -2 3% Total 847 969 +12 2 +14% Tuition Income Total tuition income to date is $6,639,049. This i s an increase of $1,376 , 672 over the total tuition revenue for 1987-88 -- an increase of 26%. Tuition revenue for the Summer Session, budgeted for $133 ,000, will boost this increase further. Admissions Projections - Fall Semester Sheryl Mack, Director of Admissions for the day college, has provided me with the following status r eport as of May 23, 1989 : Signed Enrollment and Financial Aid Packages (Committee) Enrollment and Financial Aid Packages Out-to be sig~ed in 3 weeks New Applications-without Enrollment and Financial Aid Agreements Signed Enrollment and Financial Aid Packages ( Committed) Enrollment and Financial Aid Packages Out-to be signed in 3 weeks New Applications-without Enrollment and Financial Aid Agreements Resident Student 138 159 103 Commuter Student 63 28 5 Retention - Fall Semester Currently, 315 returning students have early r"°egistered for the Fall Semester. This figure is broken down as follows: Thus , 301 full-time early registering. of 1988 was 258. Residential Students 172 Commuter Students 129 Part-time Students 14 315 students have indicated their intention of returning by The number of returning full -time students in the fall Development Efforts Total g1v1ng for unrestricted purposes totaled $318,391 as of April 30, 1989. The comparable figure last year was $388,134. Thus, our overall performance this year is approximately 82% of last year's fund r aising efforts at the same date. Projecting this out to the end of the fiscal year, we should raise approximately $580,000 for current operations, compared to $709,000 last year. There are several reasons for this decline. First, there has been a signif icant amount of negative publicity about the college and concerns about its long-term viability. Second, there has been a significant reduction in the staff of the development operation. At the present time, only one full-time professional staff person and one full-time support individual have been in the development/alumni/public relations areas at Lindenwood for more than a year. Finally, we have been ins true ted not to aggressively pursue our fund raising efforts in certain areas, particularly in the corporate area in St. Louis and businesses in St. Charles. Our alumni phona thon has been proceeding as planned, al though staffing problems have hampered its eff ec ti veness somewhat. The 1988-89 Phona then Goal is $190,000. To date (May 23, 1989) $162,979 has been pledged. This represents 85.7% of the goal. Last year, a total of $137,556 was pledged during the phonathon, so we already have exceeded that figure by more than $25,000 with another month of phoning remaining. It is clear that many alumni have responded positively to requests for an increased financial commitment to the college. We presently have 25 active members of the Board of Di rec tors. Eight of them have made a pledge and met that commitment. An additional six Board members have made a pledge, but have not yet completed payment. The remaining eleven Board members have not yet made their pledge. Total pledges for current operations from the fourteen Board members are $142,000 . If we are $260,000 months.) sources: to meet our projection of $580,000, we must raise approximate ly in May and June. (Las t year, we raised $320,000 during those two We anticipate that these funds will come from the following $70,000 $50,000 $50,000 $50,000 $40,000 $260,000 Outstanding Board pledges Alumni phonathon payments Southwestern Bell Monsanto (renewal) Other Let ter of Credit As reported to you earlier, moun t of $250,000, issued by Commerce Bank, ;epar tment of Education to ens ure t he college's the student financial assistance program. a letter of credit in the has been provided to the continued participation in Commencement The Commencement exercises went smoothly this year. The weather cooperated and degrees were conferred on 584 students. App r oxi mately half of those attended the cer emony. Respectfully submitted, ~~?r.~~ Dani e l N. Keck Interim President 

The President’s Report, June 1989

https://digitalcommons.lindenwood.edu/cgi/viewcontent.cgi?article=1032&amp;context=president_reports

The President’s Report, June 1989

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