ounded in 1971, the Council of Independent Colleges in (CICV) is a nonprofit organization representing 29 accredited nonprofit independent colleges and universities in FVirginia. CICV engages these institutions to work collaboratively in areas of public policy, cost containment and professional development. CICV supports its member institutions and their students through: Government relations. CICV acts as the voice of Virginia’s independent higher education community to state agencies and legislators and oversees government relations activities for CICV members. CICV was instrumental in starting Virginia's Tuition Assistance Grant (TAG) program. CICV coordinates the advocacy of Virginia's independent colleges for increased funding for TAG and other programs assisting students at independent colleges. Business services. CICV works with members and business partners to leverage collaborative opportunities that help campuses control operating costs and maximize efficiency. Projects range from consortium purchasing agreements among member colleges to facilitating the state-wide Virginia Private College Week in July and the Virginia Private College Guidance Counselor Tour in the fall. CICV operates a Health Benefits Consortium, designed to keep health care affordable for member colleges. Research. CICV works with member institutions, the State Council of Higher Education for Virginia (SCHEV), the National Association of Independent Colleges and Universities (NAICU), and national organizations to provide data analysis and higher education research services to advance and promote the role independent higher education plays in Virginia. Public Relations. CICV works closely with its members and the media to provide information and materials that highlight the contributions of the Virginia Private Colleges to the Commonwealth of Virginia. CICV is governed by a Board of Directors, currently chaired by President Mike Maxey of . The Board is comprised of the college presidents of member institutions. CICV’s president is Robert Lambeth, and he is responsible for leading the council on a day-to-day basis. Virginia Private Colleges………………… 1 Economic Impact………………………… 3 State Funding……………………………… 5 Access……………………………………… 9 Affordability…………………………… 13 Degrees………………………………… 15 Collaborations………………………… 17 Virginia private colleges offer: Small classes and access to professors Opportunities to be involved and to lead both in and out of the classroom Strong curriculum in the liberal arts and STEM areas to prepare students for the workplace or graduate school Geographic diversity 4 single sex institutions 2 historically black colleges 19 colleges with graduate/professional ocated in every region of the state, degree programs our institutions offer a great variety Lof educational settings. There are single-sex and co-educational institutions, historically black campuses and religious colleges – each Colleges Private Virginia have a rich history and distinct character. Some are highly selective, while others serve a broader range and appeal to the average college-bound student.

Despite their differences, all Virginia independent colleges have one thing in common: they welcome and embrace students of all family backgrounds and financial situations.

1 Appalachian College of Pharmacy Appalachian School of Law Mr. Mickey McGlothlin, President Ms. Lucy S. McGough, Dean Dr. Tiffany Franks, President Eastern Mennonite University Dr. David Olive, President Dr. David Bushman, President Dr. Loren Swartzendruber, President Hampden-Sydney College Mr. Jake Schrum, President Dr. Jennifer Braaten, President Dr. Christopher Howard, President Jefferson College of Health Sciences Dr. William Harvey, President Ms. Nancy Gray, President Dr. Nathaniel Bishop, President Liberty University Lynchburg College Mary Baldwin College Mr. Jerry Falwell, Jr., Chancellor Dr. Kenneth Garren, President Dr. Pamela Fox, President Randolph-Macon College Dr. Matthew D. Shank, President Dr. Bradley Bateman, President Mr. Robert R. Lindgren, President Roanoke College Southern Virginia University Mr. Michael Maxey, President Dr. Tracy Fitzsimmons, President Mr. Paul K. Sybrowsky, President Edward Via College of Osteopathic Dr. Jo Ellen Parker, President Dr. Edward L. Ayers, President Medicine (VCOM) Dr. James Wolfe, President Virginia Intermont College Virginia Virginia Wesleyan College Dr. E. Clorisa Phillips, President Dr. Claude Perkins, President Dr. William Greer, President Washington and Lee University George Washington University George Washington University Dr. Kenneth Ruscio, President Dr. Steven Knapp, President – VA Campus Dr. Ali Eskandarian Virginia Private Colleges Private Virginia The 29 member colleges of the Council of Independent Colleges in Virginia (CICV) play a vital role in the state's outstanding higher education system. With a distinguished tradition of quality, diversity and affordability, and a presence in every region of the state, Virginia's private colleges and universities provide many distinct advantages, including a wide variety of distinguished academic programs. All CICV member colleges are private nonprofit colleges. All CICV members with undergraduate programs are accredited by SACS (Southern Association of Colleges and Schools), the same regional accreditation as Virginia’s 2 and 4-year public colleges. The Appalachian College of Pharmacy is accredited by the Accreditation Council for Pharmacy Education, the Appalachian School of Law is accredited by the , and VCOM is accredited by the Commission on Osteopathic College Accreditation of the American Osteopathic Association.

2 Virginia Private Colleges employ over 20,000 people.

Virginia Private Colleges and employees pay over $26 million in taxes and other fees to Virginia each year.

Virginia Private Colleges have over 200,000 alumni living in Virginia.

Virginia Private Colleges enroll 50,000 Virginia residents. Economic Impact Economic

3 Economic Impact Economic

4 State Funding State

Virginia’s private colleges and universities offer a significant value to the Commonwealth of Virginia. In FY14, the state appropriated approximately $1.5 billion in general funds to the public colleges, not including capital projects. By comparison, there is no limit on the number of years a public college student can be subsidized, and the average cost to enroll a Virginia student at a four-year public institution in 2013-14 is estimated to be $6,100 plus capital costs. Capital expenditures are a much bigger factor than many people realize. We have encouraged SCHEV for many years to calculate capital costs on a per-student basis. It has been CICV’s position that the Commonwealth should examine incentives that would help private colleges more fully utilize their enrollment capacity. Such action would not only save the Commonwealth a significant amount of money, but would also afford Virginia citizens greater choice in selecting the higher education institution most appropriate to their needs.

5 State Funding State

6 Value to the Commonwealth – Cost Per Student

$40,000... $36,539

$35,000

$30,000

$25,000

$20,000

$15,000 Funding State

$9,418 $10,000

$5,000

$0 Cost Per Degree (FY 13)

Private Non Profit Public 4-­‐Year

Data Source: SCHEV Completions C1 Report (2012-­‐13); Department of Planning and Budget (FY 13 General Fund Appropriation -­‐ for 4 Year Public Colleges and TAG) In 2013-14, the cost to the Commonwealth to enroll an undergraduate Virginia student at a private college will be $3,100 (TAG). TAG funds are only available to students from Virginia attending private colleges in Virginia. Eligible students receive TAG awards at the undergraduate level for a maximum of four years. Not only do private colleges have a tremendous impact on local communities and regional economies, but they provide a high-quality education for Virginia residents at a fraction of the cost to the state. State funding for private college students and for inclusion in the Virtual Library of Virginia program (VIVA) is about 5% of the overall higher education general fund budget.

7 State Funding State

8 Access

irginia private colleges offer a full range of enrollment options that students across the Commonwealth take advantage of each year. Many students prefer this learning Venvironment compared to larger public institutions. Currently more than 130,000 students have chosen to enroll in Virginia private colleges. Students choose where to attend college according to what best fits their academic and personal needs. The independent sector’s enrollment of these students is vital in improving the Commonwealth and achieving the educational goals set forth by the Virginia General Assembly and the governor of Virginia.

9 Virginia’s Private Colleges are Diverse

Virginia’s independentVirginia's colleges independent and colleges universities and universities are as are racially as racially and ethnically and ethnically diverse-­‐ diverse as the state's four as the state’s four-year year public public counterparts. counterparts. In Fall 2012, Virginia private colleges enrolled a higher

percentage of African-AmericanIn Fall 2 201 , Virginia private undergraduate colleges enrolled students a higher than percentage the of African-­‐American 4-year undergraduate public colleges in Access Virginia. Whateverstudents a student’s than the 4-­‐year background, public colleges he in or Virginia. she will find a supportive campus community at a Virginia privateWhatever college. a student's background, he or she will find a supportive campus community at a Virginia private college.

Percentage of African-­‐American Undergraduate Students

19% 18% 18%

18%

17%

17%

16%

16% 15% 15%

15%

14%

14% VA Public 4-­‐Year Colleges VA Private 4-­‐Year Colleges

VA Public 4-­‐Year Colleges VA Private 4-­‐Year Colleges

Over the past 5 years, Virginia’s private colleges have increased non-traditional undergraduate students (age 25 and above) by 120% (from 15,989 to 35,183). Data Source: SCHEV E02 Enrollment Report

10 Access

Virginia's Private Colleges are the Access Institutions in the Commonwealth Virginia's private colleges are becoming the access institutions in the Commonwealth. The most recent data shows that 51% of all undergraduate students from Virginia’s private colleges receive Pell Grants, which are received by the families with the greatest need. Source: IPEDS (2008-09 to 2011-12)

60% Undergraduates Receiving Pell Grants 51% 50% 46% 40% 40% 29% 30% 30% 26% 27% 23% 18% 18% 20%

10%

0% 2007-­‐08 2008-­‐09 2009-­‐10 2010-­‐11 2011-­‐12

4-­‐Year Public Colleges 4-­‐Year Private Colleges

Data Source: SCHEV FA09 Pell Grant Report

11 Between 2000 and 2012, Virginia's private colleges and universities increased total student enrollment from 49,951 (2000) to 129,950 (2012) - a 160% increase. Access

From 2000-2011, Virginia’s private colleges and universities increased the number of undergraduate in-state students enrolled by 64% and the total number of in- state students by 80%. Source: SCHEV E2 Enrollment Report 12 Virginia Private Colleges Work Hard to Provide an Exceptional Education at a Reasonable Cost Most people will be surprised to learn there are a greater proportion of students with the highest financial need at Virginia private colleges and universities than at the 4-year public colleges. Full-time undergraduates at Virginia private colleges receive, on average, $14,569 in grant aid from all sources. Virginia residents attending a private college in the state will also receive the undergraduate Tuition Assistance Grant (TAG) award. Affordability Despite enrolling the neediest and most underrepresented students, the average debt of Virginia’s independent college graduates is $25,000 – compared to $24,000 for students graduating from Virginia’s 4-year public universities. Virginia’s independent colleges and universities invest their own resources in their students, awarding more than $500 million in scholarships and grants in 2012 alone. The Virginia Tuition Assistance Grant (TAG) Program The Virginia Tuition Assistance Grant (TAG) program was established in 1971. The legislature recognized the need for a private college grant that would help offset the public college subsidy, and the citizens of Virginia agreed. Voters approved the TAG program in a statewide referendum. TAG provides annual grants to Virginia residents who are full-time students at an eligible private college or university. In 2013-2014, approximately 22,000 Virginia residents will receive tuition grants of $3,100 (undergraduate) and $1,550 (graduate students in health professions). The award amount is based on the number of eligible students and the amount of funds appropriated by the General Assembly. TAG grants are limited to four years at the undergraduate level. In 2012-2013, TAG celebrated 40 years of making a college education more affordable for over 182,000 Virginians, including many low and middle income families. Private colleges continue to serve a wide variety of Virginia students in terms of academic ability and socio-economic profile.

Virginia Tuition Assistance Grant (TAG) Recipients by Domicile Source: SCHEV TAG by Domicile (FA08 Report) (2011-12)

13 Virginia’s Private Colleges and Universities Invest in Instruction and Academic Support for Students Virginia’s private colleges and universities spend a greater percentage of their budgets on instruction and academic support than do Virginia’s 4-year public colleges. Instructional expenses include all operating expenses associated with the colleges, schools, departments, and other instructional divisions of the institution and for departmental research and public service that are not separately budgeted. This includes general academic instruction, occupational and vocational instruction, special session instruction, community education, Affordability preparatory and adult basic education, and remedial and tutorial instruction conducted by the teaching faculty for the institution’s students. Academic support expenses include operating expenses associated with activities and services that support the institution’s primary missions of instruction, research, and public service.

Source: National Center for Education Statistics (IPEDS 2011-12 Survey, Finance Component); includes Virginia 4-year public and private not-for-profit colleges with undergraduate programs.

14

irginia independent colleges and universities educate an increasing number of students, especially those who pursue advanced degrees. Students with advanced degrees are a Vvaluable asset to the Commonwealth. If increasing the number of degrees awarded is the state’s goal, there is no doubt that continued

support for Virginia private colleges will be the right path for an effective investment of the Degrees state's resources. Data Source: SCHEV C01 Completions Report (2012-2013)

Bachelors Degrees Masters Degrees

29% 44% 56% 71%

4-­‐Year Private Colleges 4-­‐Year Public Colleges 4-­‐Year Private Colleges 4-­‐Year Public Colleges

First Professional Degrees Doctoral Degrees

44% 37% 56% 63%

4-­‐Year Private Colleges 4-­‐Year Public Colleges 4-­‐Year Private Colleges 4-­‐Year Public Colleges

15 Virginia’s Private Colleges are Graduating More Virginians The number of degrees awarded by Virginia’s private colleges and universities to Virginia students has increased 93% over the past 10 years. Source: SCHEV C01 Completions by Domicile Report Degrees

16 Voluntary Employee Benefits Student HealthInsurance Emergency NotificationSystems Alert Office SuppliesProgram Software Licensing Agreements Telecommunications andCasualtyGroupProperty Insurance Purchasing collaborationsoffered tomembercollegesinclude: experts ofinformationExchange andindustry andbestpractices among peers tomanage orprocureReduced duplicatedeffort and/or Enhanced qualityofservice Attractive costsavingsandimproved businessterms membership. These programs are designedtoprovide valuetoourmembersthrough: initiatives onbehalfofourmemberinstitutionsthatleverage theconsumerstrength ofour Virginia PrivateColleges(CICV)works tocoordinate andpromote collaborative business Purchasing Collaborations and 0%for 2011, 2012and2013respectively, withnosignificantplandesignchanges. Claims experiencetodatehasbeenfavorable. Overall renewal rateincreases have been8%, 5% in excess of benefit obligations and ended 2012 with excess net assets of $8 million (unaudited). 2010,Beginning itsoperationsinJanuary hasendedeachyear theConsortium withnetassets health educationtoaddress theirhealthconcerns. voluntary. receive Participants a free healthscreening andyear-round, one-on-one, on-campus, campuses withaprogram ofwellness. isopentoallemployees Participation andspousesis promotesThe Consortium thelong-termhealthofitscovered lives by providing itsmember the CouncilofIndependentCollegesin Virginia, Inc. Directors, consistingofanofficerfrom eachofthe13memberinstitutionsandPresident of operatesonaself-insuredThe Consortium basisandisgoverned by a14memberBoard of their own enrollment through anonlineenrollment billingsystem. colleges hasabout80covered employees; thelargesthasover 400. Eachemployee manages vision andprescription drugcoverage toapproximately 3,000employees. The smallestofthe An additional collegehasapplied for membership. providesThe Consortium medical, dental, welfare benefitplan. ofourmemberinstitutionsare Thirteen alsomembersoftheConsortium. The CouncilofIndependentCollegesin isa501(c)(9)employeeVirginia BenefitsConsortium ConsortiumHealth Benefits Virginia Private Work Colleges Together to Costs Reduce

Collaborations Council of Independent Colleges in Virginia 118 E. Main Street • P. O. Box 1005 Bedford, VA 24523 540.586.0606 • FAX 540.586.2630 vaprivatecolleges.org

Appalachian College of Pharmacy Mary Baldwin College Appalachian School of Law Marymount University Averett University Randolph College Bluefield College Randolph-Macon College Bridgewater College Roanoke College Eastern Mennonite University Shenandoah University Edward Via College of Southern Virginia University Osteopathic Medicine Sweet Briar College Emory & Henry College University of Richmond Ferrum College Virginia Intermont College Hampden-Sydney College Virginia Union University Hampton University Virginia Wesleyan College Hollins University Washington and Lee University Jefferson College of Health Sciences Affiliate Institution Liberty University The George Washington University Lynchburg College