On the weekend of Oct. 25, the board of trustees came together for one of their three annual meetings. They spent the weekend discussing and brainstorming some major topics. These included educational offerings, online programs, enrollment strategy, a new Strategic Plan, and the homosexuality policy.
Here are some takeaways:
- New programs are being explored in the online education world
- According to Chief Investment Officer Howard Berner, Principia’s investments have increased $26.9 million in the past year. Contrary to popular belief, Principia does have money; the institution is not wallowing in debt. However, the question of how best to allocate resources, including funding of aid and scholarships, remains an ongoing issue.
- Probably the single most important decision impacting students made over the weekend was that of an increase in tuition, room, and board (TRB) costs for next school year. In the fall, students’ bill will be 3 percent higher than it was this year, but the total cost will still be below the national average.
- And the question everyone’s been waiting to hear. Have they changed the homosexuality policy? No. The trustees are continuing to pray, and as stated in the trustee report posted to Watercooler, the community is encouraged to “join the Board in considering this question by challenging all forms of sensuality and raising thought to a more spiritual understanding of relationships. We [the Board of Trustees] look forward to seeing the positive effect of this prayerful work.”