Wednesday, April 5, 2017

Construction coming to Swarthmore College as $450M capital campaign launches



The prestigious Swarthmore College is planning to begin work constructing the largest building on its campus this summer, a project that continues the institution's drive to connect disciplines and coincides with a $450 million capital campaign.

The future home of the biology, engineering and psychology departments, the building will be at least 158,000 square feet, according to the college.

"For the future of so many science disciplines, it involves interdisciplinary learning and research," Swarthmore College President Valerie Smith told the Philadelphia Business Journal in an exclusive interview. "It will foster more collaborative research opportunities for faculty, and for faculty and students."

The largest building on campus right now is Parrish Hall, which is 127,000 square feet.

Demoliton of Papazian Hall, set to occur in June, will be the first step in constructing the new "BEP" building, which is expected to be completed in three years.

An interdisciplinary degree is not available, although Smith said, "We're not ruling anything out." Swarthmore has previously touted the diverse education its engineering students receive through the school's liberal arts courses.

A second major construction project, the renovation of Sproul Observatory, will also get underway this summer.

The overhaul will transform the Observatory into James Hormel and Michael Nguyen Intercultural Center at Sproul Hall, which will bring the Intercultural Center; Interfaith Center, Religious and Spiritual Life Office; and the Office of International Student Services under one roof.

About $150 million of the $450 million capital campaign is earmarked for the "re-imagining" of the suburban college's campus – one of four focuses of the campaign. The remainder of the funds, which the school hopes to generate between now and June 30, 2020 when the campaign closes, will be split among three other aims:

·         $100 million towards connecting various disciplines
·         $130 million towards building of an inclusive community.
·         $100 million will be dedicated to financial aid.
·         $70 million towards enhancing the school's social impact.

"All four of these categories really support the core mission of the College," Smith said.

By raising funds for its financial aid program, Swarthmore is demonstrating its commitment to its "loan-free" policy.

About 10 years ago, Swarthmore went "loan-free," which means loans were no longer a part of need-based awards, explained Jim Bock, the vice president and dean of admissions at Swarthmore.

"When we moved to loan-free, we replaced that expectation with more grant aid," he said. Some enrolled students may still take out loans to cover the cost of their education, but any "need" determined by the financial aid department will not have loans as a component.

An upswing in applications at Swarthmore followed the establishment of its "loan-free" policy. In 2007, the school received 5,240 applicants, while the most recent admissions cycle drew 9,380 applicants, he said, and with need blind admissions, the college has seen an increase in the number of students with need-based aid.

Smith said providing the scholarship is not always enough for financially strapped students. "There are hidden costs of higher education," she said, ticking off several examples like an unexpected medical emergency, or more commonly, a desire to take an unpaid internship but unable to come up with the dollars needed for living expenses.

"When you are need blind, how do you predict that?," asked Bock, who said he believes many alumni who benefited from Swarthmore's financial aid, like himself, will be inspired to donate to the campaign.

"It was actually less expensive for me to come to Swarthmore than a college in Texas because of the need based program," said Bock, a native of the Lone Star state. "It was less expensive for me to travel 1,600 miles for a college education, so I am forever grateful."

Both Bock and Smith assured that Swarthmore is in great shape to handle the financial needs of its current and incoming students but said this will safeguard the school's loan-free policy for years to come.

"Precisely because of the success of our outreach and the generosity of our program we need to raise more money to support this commitment," Smith said.

The inclusivity Swarthmore hopes to maintain and improve within its student body, is also part of its mission in integrating disciplines.

"We hope to be able to raise funds in that category to support new faculty lines, especially in some areas of interdisciplinary study," Smith said. "We can expand the reach of traditional disciplines and also connect the teacher and scholarship that goes on on-campus to the world beyond."

The capital campaign, known as "Changing Lives, Changing the World," will obviously bring changes to Swarthmore's campus, but Smith says the school's strengths as a liberal arts institution will remain steadfast.

"A liberal arts degree doesn’t prepare an individual for a sole career, but virtually any of the challenges for many careers."

No comments:

Post a Comment