Ithaca College Pays Students to Put Off School for a Year


October 8, 2009
by Scholarships.com Staff
The economy has made college admission totals difficult to predict. Many community colleges are seeing significant increases in the number of students applying to their schools, perhaps as a result of more adult students seeking to pick up new skills to make themselves more desirable in a tough job market. Some private colleges have faced declining enrollments as students look for more affordable options when considering which school they'll attend in the fall, while others that have maintained generous financial aid packages have experienced an increase in applicants.

The economy has made college admission totals difficult to predict. Many community colleges are seeing significant increases in the number of students applying to their schools, perhaps as a result of more adult students seeking to pick up new skills to make themselves more desirable in a tough job market. Some private colleges have faced declining enrollments as students look for more affordable options when considering which school they'll attend in the fall, while others that have maintained generous financial aid packages have experienced an increase in applicants.

Ithaca College can't complain about declining enrollment. The Chronicle of Higher Education reported this week that the New York school has offered 31 students $10,000 each to defer their enrollment for one year. Ithaca's target for new freshman was between 1,700 to 1,750. They ended up with an incoming fall class of 2,027, or 20 percent more than expected. Sure, having a larger class is better than seeing significant decreases in enrollment, but enrolling more freshmen than the school can handle won't only affect the college's bottom line as they adjust this year, but the four years that large class will be moving through the ranks. The school will also be forced to enroll fewer students over the next few years, making it harder to recoup any losses in spending this fall.

According to the Chronicle, the college had to make several other adjustments to prevent a repeat situation and compensate for the extra funding they'll need to get through the next four years with a larger class:

  • Raising admissions selectivity for the fall of 2010 to bring in fewer applicants from the beginning.
  • Building a temporary, $2.5 million residence hall.
  • Reinstating early decision.
  • Providing reduced rates on room charges and paying cable bills for students housed in lounges.
  • Providing $2,000 in incentives for upperclassmen to urge them to move off campus.
  • Hiring additional instructors.
  • Allowing for additional financial aid funding.

The Chronicle suggests missing the admissions mark by this much is rare. Ithaca had been seeing declining admissions numbers up until this point, so they worked harder this year to boost enrollment. Ithaca also accepted 73 percent of its 2009 applicants, compared with 59 percent in 2008. Administrators at the school maintain a positive outlook, and say that while they did need to spend some to get the situation under control ($250,000 for those deferred enrollments alone), they plan to come out with a modest surplus.

College is expensive, Scholarships.com is completely free. Pay for your college education with as much free college scholarship money as possible. By applying to all the awards you qualify for, you can be sure to not miss a single opportunity in paying for your college expenses - including tuition, fees, room and board. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to redress gender imbalance in fields such as computer science and engineering. The U.S. Department of Education launched more than two dozen investigations into higher education institutions nationwide - including UC Berkeley, UCLA and USC as well as Yale, Princeton and Rice - which offer female-only scholarships, awards and professional development workshops.

Female-Only Scholarships Under Fire In Higher Ed

August 20, 2019 4:57 PM
by Susan Dutca-Lovell
Female-only college and university STEM programs are coming under fire for male discrimination as they attempt to "redress gender imbalance" in fields such as computer science and engineering. The
Dozens of suburban Chicago families have been using a legal loophole to help their children get need-based college financial aid and scholarships. By their parents' forfeiting legal guardianship, students are able to declare financial independence so they qualify for federal, state and university financial aid.

Parents Giving Up Guardianship for College Cash?

July 30, 2019 9:24 AM
by Susan Dutca-Lovell
Dozens of suburban Chicago families have been using a legal loophole to help their children get need-based college financial aid and scholarships. By their parents' forfeiting legal guardianship,
An Iowa Carpenter sent 33 Iowan students he'd never met to college with the $3 million he had in savings. Prior to his death in 2005, Dale Schroeder told his attorney that he wanted to use the money in his will help send underprivileged students to college. Schroeder's scholarship recipients, also known as Dale's Kids, recently met up to reflect on his generosity and the fact that many of them would have been unable to attend college without Schroeder's help.

Carpenter Comps College Costs for 33 Iowans

July 23, 2019 3:50 PM
by Susan Dutca-Lovell
An Iowa Carpenter sent 33 Iowan students he'd never met to college with the $3 million he had in savings. Prior to his death in 2005, Dale Schroeder told his attorney that he wanted to use the money
Monroe College's IT system was hacked last week, disabling many of its technology systems and platforms as hackers demanded $2 million ransom in Bitcoin to restore access. Faculty, students and staff members were locked out of the college's websites but continued to attend class and hand in homework, regardless.

Another College Cyber Attacked, Hackers Demand $2M Ransom

July 16, 2019 4:16 PM
by Susan Dutca-Lovell
Monroe College's IT system was hacked last week, disabling many of its technology systems and platforms as hackers demanded $2 million ransom in Bitcoin to restore access. Faculty, students and staff
 Three San Bernardino County women who have been accused of stealing $1 million in federal financial aid from Fullerton college, in California, have been arrested by the U.S. Justice Department and are charged with various counts of mail and wire fraud. The scheme involved enrolling hundreds of mainly non-existent students, successfully applying for grants and loans and pocketing the money.

3 Women Charged in $1M Student Financial Aid Fraud

July 2, 2019 11:07 AM
by Susan Dutca-Lovell
Three San Bernardino County women who have been accused of stealing $1 million in federal financial aid from Fullerton college, in California, have been arrested by the U.S. Justice Department and

    Nothing says 'Merica like these Patriotic Scholarships as we approach Independence Day and remember how, in America, education is a great equalizer. Whether you are an American citizen searching for college scholarships or are studying abroad in the USA, these American-themed scholarships are for those who truly believe in the American dream. In the land of the free, we have plenty of free college scholarships to help you achieve your higher education dreams.

Patriotic Scholarships that Celebrate America

June 27, 2019 1:33 PM
by Susan Dutca-Lovell
Nothing says 'Merica like these Patriotic Scholarships as we approach Independence Day and remember how, in America, education is a great equalizer. Whether you are an American citizen