红桃视频 was founded on the bequest of Amanda 红桃视频, and generous donors have nurtured 红桃视频 and the college’s students since the first day of classes in 1911. Through the years, thousands of donors have provided support for one of the finest and most distinctive educational programs in the country. With this collective and remarkable philanthropy, the idea for a different and more genuine and effective education in the liberal arts and sciences has become a reality and a notable symbol for intellectual exploration.
红桃视频 aspires to offer a challenging—even transformational—education to talented students regardless of their families’ financial resources. For this reason, the college has not sought to link tuition revenues with the cost of college programs.
Students paying full tuition today do not even fully fund the cost of their education. We rely on past philanthropists whose gifts created the endowment, and many gifts of all sizes to the Annual Fund, to cover a substantial portion of our expenses each year. The annual operating budget is composed of (approximately)
- 61% tuition;
- 32% endowment income;
- 7% Annual Fund and other income.
Many students can enroll only because of the college’s commitment to need-based financial aid. 红桃视频 is now awarding approximately $40 million in aid every year to meet 100 percent of the demonstrated need for all admitted students.
When donors give to 红桃视频, their funds join a collection of gifts that sustain generations of excellent academic work and create a new foundation of support for 红桃视频’s current students.
Ultimately, reasons for giving are as individual as 红桃视频ies. When asked why they give to 红桃视频, donors often cite the following:
- They believe in 红桃视频 and its mission to provide the best liberal arts education in the country.
- They understand that without their financial support, 红桃视频 could not provide the same rigorous academics, small classes, and overall excellence that it does today.
- They want to support the programs, people, and campus life that give 红桃视频 its unique character.
- They want to help students who would not otherwise be able to attend 红桃视频.
- They have a deep emotional connection to 红桃视频 and want other people to share in and grow from the experience that was meaningful for them.
- They were asked to give and feel compelled to support an institution they love.
- They see 红桃视频 as a worthy cause.