|
Home
> Press Release - July 10, 2000
Trinity
College Begins to Close September
1, 2000
Burlington,
VT – Transition plans for closing Trinity College of Vermont
beginning September 1, 2000, were announced today at a
gathering of 100 students,
faculty and staff. The decision was made Friday, July
7, at a scheduled meeting of the 20-member Board of Trustees
and ratified in a
vote of the executive council of the Vermont Sisters of Mercy
who founded the College.
“Despite
all of the efforts of our outstanding administration, faculty,
alumni board, students, staff, and the community, we were not
able to ensure a financially sustainable future,” said
Edward Connors, chairman of the board of trustees. “We had
hoped that this year would give us the time that was needed to
rebuild. Unfortunately, in light of our financial position, we
cannot continue to operate.”
Connors
reported many successful interim steps toward financial
security. They included receiving financial and planning
support from the Sisters of Mercy, Alumni Board, financial
institutions, faculty, staff and friends. “We very much
appreciate all the work that made it possible to continue thus
far,” said Connors, “but after announcing the need to
close or merge in July 1999, we could not recruit enough
traditional age residential students for the Fall
term to be financially viable for the upcoming academic
year. Further, we were not able to garner sufficient funds
from private gift sources to sustain the College in the long
term.”
“We
hoped to be the exception to the prevailing trend of financial
difficulty faced by most small, single-gender, liberal arts
colleges without significant endowment,” said President
Jacqueline Marie Kieslich, RSM, Ph.D. “Nevertheless,” she
said, “our students, faculty, staff and alumni deserve
special attention and special thanks for the uncertainty with
which they have lived and
the support that they have provided. Our Trinity community has
given energy and commitment beyond all expectation. ”
Most
programs for undergraduate students will end by September 1,
2000. A transition
period is expected for the Graduate Program in Education, the
Graduate Program in Community Mental Health, the Women’s
Small Business Program, and the Trinity College Child Care
Center to help plan for their futures. Plans for an the
undergraduate transition include “teaching out” a few
programs so that a number of seniors can graduate with a
Trinity diploma while others take advantage of agreements with
other colleges to transfer credits and complete programs at
similar institutions.
Details
of the disposition of College assets are yet to be finalized.
The lease agreement reached with Fletcher Allen Health Care
will remain in place. A majority of the 125 full-time faculty
and staff will remain with the College until September 1.
Following this period, only staff needed for the smooth
closing of the College will remain.
Jeannine
Mercure, RSM, president of the Vermont Sisters of Mercy said,
“Few other decisions in our 75-year history with Trinity
have been more difficult and no single day has been more
painful.” President Mercure joined President Kieslich in
saying finally, “We all look forward to the healing days
ahead as we reflect on the spirit and strength of Trinity
College that will continue into the future through the lives
of our faculty, staff, current
students and 5,000 alumni.”
.
Trinity College of Vermont Home Page Last updated July 11, 2000
© 2000, Trinity College of Vermont.
Original Location (URL) > http://www.trinityvt.edu/pr7102000.htm
|