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James C. Koehler II, new trustee
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The University of Findlay’s Board of Trustees has approved a
statement of principles, vision and student benefits that provides direction
and outlines areas of strategic priority for the University during the decade
ahead.
The new statements are an outgrowth of an update in the
University’s strategic plan, completed in 2011 under the leadership of Dr.
Katherine Fell, University president.
The trustees also approved an increase of 2.9 percent in
tuition and fees and 1 percent each in room and board — the smallest increase
in many years.
“The
University recognizes the sacrifices that parents and families make to provide
their children with a high-quality private education. That is why we have set
the tuition and fees for next year as low as possible. That is also why we
provide merit scholarships that range from $9,500 to $14,500 per year, as well
as need-based scholarships,” said Dr. C. Richard Beckett, chair of the Board of
Trustees. “University scholarships are renewable annually if students maintain
their grades.”
UF
invests more than half of its tuition dollars in financial aid to students,
while the remainder goes to cover operating costs, said Dr. Fell. “We do our
utmost to control costs while offering our students the benefits of small
classes, faculty mentoring and hands-on learning, which have long been
hallmarks of a Findlay education.”
While
the Board of Trustees has approved the increase, the budget remains in draft
form and will be finalized at the board’s October meeting.
Also
today, the trustees granted trustee emeritus
status, with deepest appreciation, to member Dr. Frank Cosiano, who is stepping
down from the board after 18 years of service. The board welcomed new trustee
James C. Koehler II, who is vice president of real estate development for
Country Club Acres Inc. of Findlay. Koehler holds a bachelor’s degree in
finance and real estate from the University of Cincinnati and a master of
business administration degree from Bowling Green State University.