Published: February 1, 2013
As we reported in the last issue, Albright has instituted a bold new financial aid policy: a commitment to meet 100 percent of documented financial need for incoming freshmen beginning with the class of 2017 entering this fall. Our aim is for prospective students and their families to evaluate the College on its merits—its academic profile and supportive residential learning environment, for example—instead of on the cost of attending. We hope to make the college more attractive and affordable for all who might flourish here.
This commitment, however, comes at no small cost to the College. We have had to budget substantially more dollars for financial aid in order to fulfill it. I believe firmly that our new policy is the right thing to do, both for Albright and
for our students, but there is no denying that we will need the assistance of the entire College community to succeed.
That includes all alumni, parents, and friends who believe in the enduring value of our mission. I hope that includes every reader of The Reporter.
It is difficult to discern when one is in the middle of classes, papers, exams, reading, lab work and activities, but every student at Albright—each and every one—relies on the generosity of people who believe in the mission and vision of the College and offer their time and treasure to advance them. That is as true now as it has been for every generation of Albright students. Donors to The Fund for Albright—the College's annual fund—play an extraordinarily important, if sometimes unheralded, role in the success of the institution and each student's educational experience. These supporters keep the lights—both literal and figurative—shining brightly in our classrooms. They allow such innovative programs as the Albright Creative Research Experience (ACRE) to provide students the chance to work closely with inspiring faculty members and learn by doing. They help us to recruit and retain enormously influential and effective faculty members—the mentors who make such an enormous difference, day in and day out.
And in giving to The Fund for Albright, they ease the tuition burden on students. Annual giving is a linchpin of student aid. And as we use our new financial aid policy to engage the reality of a still-sluggish economy and confront the issue of access to a high-quality education, we will rely on annual fund gifts more than ever before to help us fulfill our commitment.
All alumni should know that men and women whom they never met supported their Albright education in the very same way. What a fitting and lasting legacy of gratitude to carry their generosity forward to this new generation of Albrightians.
Meeting 100 percent of need offers opportunities to students who would not otherwise have the resources to attend Albright. Supporting the tool that helps make that possible—The Fund for Albright—offers each of us opportunities to
steward this institution into an exciting and dynamic future. It is my fervent hope that alumni and friends will show their support for our new aid policy by breaking new records in support of The Fund for Albright. For all who already make this an annual priority, I offer heartfelt thanks on behalf of the students who benefit from your care and generosity.
Lex O. McMillan III, Ph.D.