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Southern Columns V.36-3 1984 Southern Adventist University KnowledgeExchange@Southern Alumni Newsletter University Archives & Publications 1984 Southern Columns v.36-3 1984 Southern College of Seventh-day Adventists Follow this and additional works at: https://knowledge.e.southern.edu/alumni_newsletter Recommended Citation Southern College of Seventh-day Adventists, "Southern Columns v.36-3 1984" (1984). Alumni Newsletter. 103. https://knowledge.e.southern.edu/alumni_newsletter/103 This Book is brought to you for free and open access by the University Archives & Publications at KnowledgeExchange@Southern. It has been accepted for inclusion in Alumni Newsletter by an authorized administrator of KnowledgeExchange@Southern. For more information, please contact [email protected]. Digitized by the Internet Archive in 2009 with funding from Lyrasis IVIembers and Sloan Foundation http://www.archive.org/details/southerncolumns363coll '^ 3^ n-. I I \- ' . — -^ It W'fih •/ y u i I ^ #ff^ ^ ^ ^^ *v % K t- ^ i l^K! 2 • SOUTHERN COLUMNS — i.!i.E'tk-#i CeHiu/tiflt INANCING THEIR FUTUR $10 MILLION FOR SCHOLARSHIPS most far-reaching event more permanent, in that gift funds $1.4 million. Right now this is Theof Homecoming Weekend are carefully invested to furnish in- generating scholarships for 269 stu- may well be the launching come for disbursement as scholar- dents who otherwise would not be of the Century II Endow- ships. studying at Southern this semester. ment Fund campaign on Achievement of the $10 million Saturday night, November 3. Here's 10-year goal will provide scholar- Why Scholarships Rather the story . ships for about one thousand stu- Once upon a time, long, long ago, a dents each year. Than Loans? school was bom. The 19th century The concept is not a new one, nor is was about to close when Graysville the goal beyond reach. Yale Univer- Loan funds have their place. In Academy came into being. Back in sity has an endowment of $750 mill- fact last year 1,017 students at those early days an hour and a half of ion! And Southern has a start al- Southern assumed loans totaling work per day and $ 100 cash could see ready toward the $10 million. Since $1,801,944, according to Laurel a student through a year of school. 1978 when an endowment fund was Wells, director of student finance. Now the second century for that first set up, the fund has grown to She has 20 years of experience in school, which has matured as South- em College of Seventh-day Adven- tists. liesjust over the horizon. Times have changed and so has the price SOUTHERN COLLEGE 1972-82 tag for education. The two-semester COST AND PAYMENT OF COLLEGE EXPENSES bill for the average dormitory stu- * 72 73 74 75 76 77 78 79 '80 "81 '82 ient at Southern comes to $7,430. "We're making every effort to hold down tuition and other costs," says Richard Reiner, senior vice president For finance. "In fact, college cost in- [Teases here over the past 10 years have been held below Consumer Price Index rises." Yet $30,000 for a :ollege degree is a frightening thought to many families wanting the best in Christian education for their children. Student scholarships offer the answer to tuition shock, the afflic- tion affecting so many American homes these days. But those scholar- ships have to come from somewhere. rhere we are .... back to the Cen- tury II Endowment Fund. The Endowment Fund Committee, composed of 25 individuals, many of them astute and successful businessmen, met in September to plan campaign strategy. These plans will be unveiled in an exciting and fast-paced presentation, a segment of the Saturday night Homecoming program, according to William H. Taylor, campaign director. The multimillion dollar endow- ment concept is ba.sed on gifts that will keep on giving. Ordinary scho- larship funds are quickly depleted the money is awarded, and that's it. Endowments provide support that is CeHJUviiflt helping young people find ways to Some students, industrious Groundwork has been laid in re- come to Southern and stay through though they are, have special need cent weeks for a cooperative effort to graduation. for scholarship assistance. Many throughout the conferences of the "Many of these students have bor- come ft-om one-parent families vir- Southern Union. rowed from two or three loan sources tually unable to help out. Some Dr. Cecil Rolfe, professor of busi- in the same year. It is not uncommon families have two or even three ness administration, chairs the En- for a student to borrow $4,000 in one offspring of college age. Education dowment Fund Investment Commit- school year," she stated. When a stu- majors are not permitted employ- tee. Policies are already activated to dent must borrow at that rate for four ment during their student teaching safeguard investments to the utmost years, then marries someone with a experience due to time commitments degree possible, according to Dr. similar financial load, that couple in their professional semester. Nurs- Rolfe. starts out with a formidable debt ing students seeking the A.S. degree "Alumni everywhere will be kept which they must begin repaying soon and R.N. status in the two-year pro- informed of their opportunities to after entering the work force, she gram are especially limited in how participate in the Century II pro- points out. These students are among much they can work. gram," says Mr. Taylor. "Those the many who need scholarships to "We believe it is imperative that employed by companies with match- lighten the load. Christian education be made avail- ing gift programs will certainly want "Federal allocation of student aid able to as many young people as possi- to consider that benefit. Some funds has dropped significantly in ble," says A. C. McClure, chairman of alumni will be happy to assist with recent years," Mrs. Wells indicated. the Southern College Board of Trus- business contacts. There will bel "Southern College received 52 per- tees. "As the Endowment Fund many ways to share in this cam- cent less funding in the National Di- grows, the future of the college will paign. Volunteers can know that rect Student Loan Program for be secure, not only for the church, they are actually helping thousands 1984-85 than was received 10 years which involves the constituents of of youth get a Christian education I ago; 37 percent less than in 1983-84." the Southern Union, but for and are possibly participating in a; If cumulative loans are overbur- thousands of students who will come survival program for Southern Col- dening, if loans are becoming less to the college in future years." lege itself" available, where can a young person turn? Endowment Fund Committee What About Work? Eugene Anderson" Atlanta, Georgia "I believe the Endowment Fund Richard A. Brock' Tennessee will be the answer for those young Chattanooga. K. R. Davis people who do not have sufficient fi- Collegedate. Tennessee nancial resources to attend Southern J, Wm. Henson III College, but who do have the mind, McDonald, Tennessee the determination, and the will to J. Dwight Herod succeed through hard work and dedi- Conover. North Carolina cation," asserts John Wagner, presi- Dwight Hilderbrandt dent. Madison, Tennessee Jack McClarty J.Wm. Henson III William H. Taylor It's not a free-lunch program the William A. lies Executive Director Chairman Campaign Director Endowment Fund Committee has Orlando, Florida Harold Kendall* Robert Murphy Janet Townsend cooked up. Students who benefit will Gene Mooresville, North Carolina Longwood. Florida Peachtree City, Georgia be doing their part. Awarding of Ben Kochenower* Richard Remer Sanford Ulmer scholarships will continue to be built Gaffney, South Carolina Collegedale, Tennessee Martha Ulmer upon need. as Just important, Jack McClarty Wayne Rimmer Lansdale, Pennsylvania though, is diligence reflected in ac- Collegedale. Tennessee Collegedale, Tennessee Greg Vital" ceptable scholastic progress and wil- James McElroy Cecil Rolfe Collegedale, Tennessee lingness to work. Scholarship dollars Cuba, Alabama Collegedale, Tennessee John Wagner will help those who are willing to Ellsworth McKee William H. Taylor Collegedale, Tennessee help themselves through consistent Collegedale, Tennessee Collegedale, Tennessee Laurel Wells" Tennessee part-time work. Robert McMillan Wayne Thurber Collegedale, Adelphi. Maryland Santa Ana, California ' Special Consultants Even those who faithfully work 20 hours p)er week and full time during the summer find the gap widening Executive Committee J. Wm. Henson III Ellsworth McKee William H. Taylor between income and costs. In 1983 K. R. Davis Richard Reiner Sanford Ulmer this gap was about $4,550, up from Jack McClarty Cecil Rolfe John Wagner $2,200 in 1972. Last year 1,201 stu- dents received some type of student Investment Committee assistance. (This was 97 percent of Cecil Rolfe, Chairman Jack McClarty Richard Reiner the Full-Time Equivalent enroll- William A. lies Jack McKee Sanford Ulmer ment figure.) .-.^-JSiiyHA Volume 36 SOUTHERN COLUMNS (USPS 420-400) COLVMNS Published quarterly Second-class postage paid al Collegedale, TN 37315. POSTMAS TER, send Form 3S79 to Souttiern Columns, Collegedale, TN 37315. ^This invitatio n's for you t; 4 Or c:'^ :)^X W( many as a thousand Conians will begin at 1:30 p.m. on ness meeting to follow, will be in the alumni and family mem- Friday at Miller Hall, the former Collegedale Academy gymnasium. As bers will be "coming music building. Jerry Clower, known for his home" the weekend of A significant campus transition humorous presentations about the November 3 to renew fond will be marked by appropriate after- South, will be filling the Physical memories and friendships. noon ceremonies beginning Friday Education Center with laughter Classes to be honored at the 1984 at 2:30 p.m. at Miller Hall. These will Saturday evening.
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