| Press
Release - July 10, 2000
Trinity College Begins
to CloseSeptember 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 andratified
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
Fallterm 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. Atransition
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.”
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