Lincoln College to provide full MAP funding in Fall 2016
Despite no promise of State funding, LC
Leadership shows commitment to students
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[March 24, 2016]
LINCOLN
- Despite ongoing uncertainty for the end to the months-long state
budget stalemate that is holding up funding for Illinois colleges
and universities, Lincoln College is stepping up to ensure its
students will have the resources needed to attend Lincoln College in
the fall.
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Lincoln College’s Board of Trustees and President David Gerlach
announced the college will fully fund grants through the Monetary
Award Program (MAP) for all qualifying students for the fall 2016
semester.
“I could not be more proud of our Board of Trustees for making this
commitment. I only hope that their decision to put students first
will be noted by political leaders in Illinois,” said, Dr. David
Gerlach, President of Lincoln College.
During the 2015 fall semester, Lincoln College covered the full cost
of MAP grants for qualified students by using its line-of-credit
borrowing arrangement with lenders in the belief the state would
resolve its budget. For the 2016 spring semester, with a state
budget still not in place, the college made the difficult decision
to reduce by 40 percent the portion of what it would cover, while
still funding the remaining 60 percent.
“The Board of Trustees felt strongly that we could not fulfil the
essential mission of Lincoln College without assuring students that
the MAP funding they have earned would be available to them, even
though our state government has failed to meet its obligations,”
Gerlach added.
President Gerlach, the Board of Trustees and Administration made the
decision to provide full MAP funding for the fall because students
need certainty as they make decisions in the coming weeks about
where to attend college.
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“Uncertainty about MAP funding should not make it harder for students to pick
the college that best meets their needs. Lincoln College is committed to
providing an outstanding education at an affordable price, and we are excited
about what lies ahead with our transformation to a four-year university with
expanded course and major offerings and opportunities for students,” Gerlach
said.
Lincoln College was founded in 1865, in part to provide an affordable education
to Illinois students who might not otherwise be able to attend college. Almost
two-thirds of Lincoln College students currently receive grants through MAP
Grants, at an average amount of more than $4,000 per student.
“This is a courageous stand by the Trustees. It is not without risk, but they
felt strongly that it is the right thing to do. I hope our students, the
faculty, staff and the greater Lincoln College community appreciate the strong
contrast between the Trustees commitment to the future of Illinois and the
paralysis that continues to plague state government,” Gerlach added.
[Christina Xamis, Lincoln College] |