HAVERFORD COLLEGE Periodic Review Report May 2004 Thomas R. Tritton, President Affirmation of Accreditation: June 1999 Evaluation Team Visit: April 1999 HAVERFORD COLLEGE Periodic Review Report May 2004 HAVERFORD COLLEGE Middle States Periodic Review Report 2004 May 2004 TABLE OF CONTENTS SECTION I: EXECUTIVE SUMMARY .................................................................................................. 1 SECTION II: INTRODUCTION .............................................................................................................. 7 Haverford .............................................................................................................................................. 7 Organizational Overview ...................................................................................................................... 8 The Periodic Review Report Process .................................................................................................... 9 SECTION III: SINCE OUR 1999 SELF-STUDY ................................................................................... 11 Mission ................................................................................................................................................ 11 Institutional Essence ........................................................................................................................... 11 Governance ......................................................................................................................................... 14 Faculty and Curriculum ...................................................................................................................... 14 Educational Assessment and Academic Planning ............................................................................... 17 Academic Support ............................................................................................................................... 19 Student Services .................................................................................................................................. 20 Athletics .............................................................................................................................................. 23 Admission and Financial Aid .............................................................................................................. 24 Finance ............................................................................................................................................... 26 Administration .................................................................................................................................... 28 Communications ................................................................................................................................. 29 Institutional Advancement................................................................................................................... 30 SECTION IV: ASSESSMENT AND PLANNING ................................................................................. 33 Educational Assessment and Academic Planning ............................................................................... 33 The Educational Policy Committee (EPC) ...................................................................................................... 33 Curricular Assessment and Planning ............................................................................................................... 34 Assessment of Student Performance ............................................................................................................... 35 Assessment Mechanisms ................................................................................................................................. 36 The Senior Experience in the Major ................................................................................................................ 38 College-wide Curricular Planning and Review ............................................................................................... 40 The Academic Centers .................................................................................................................................... 41 Evaluation of the Faculty ................................................................................................................................ 44 Institutional Effectiveness ................................................................................................................... 46 The Nature and Scope of Institutional Research ............................................................................................. 46 Administrative Effectiveness .......................................................................................................................... 48 Management Information Systems .................................................................................................................. 48 Graduation Rates ................................................................................................................................ 50 Financial Trends and Comparisons .................................................................................................... 51 Equilibrium Analysis ...................................................................................................................................... 51 Ratio Analysis ................................................................................................................................................. 58 Budget Assumptions and Projections .................................................................................................. 64 Looking Forward ................................................................................................................................ 70 The Curriculum and the Academic Program ................................................................................................... 71 The Distinctiveness of the Haverford Community .......................................................................................... 72 The Diversity of the Haverford Community ................................................................................................... 73 A New Integrated Learning Neighborhood ..................................................................................................... 74 Collaborations: Bi-College, Tri-College, and Beyond ................................................................................... 75 ii Haverford College Periodic Review Report 2004 TABLES Table 1: Students of Color Table 2: Faculty of Color Table 3: Admission Statistics Table 4: Budget Parameters Table 5: Comparative Four-Year Graduation Rates Table 6: Academic Profile of Entering Students Table 7: Enrollment, Contingency, and Excess Revenue Table 8: Capital Funding Table 9: Gift Additions to the Endowment Table 10: Comparative AAUP Full-Time Faculty Benefits Table 11: Total Resources to Operations Table 12: Total Resources to Debt Table 13: Assistance History Table 14: Four Years of Loans for a Haverford Senior Table 15: Staff Benefit Rates Table 16: Five-Year Budget Model Excerpts GRAPHS Graph 1: FTE Enrollment, 1982 to Present Graph 2: Endowment Spending Graph 3: Endowment per Student Graph 4: Growth in Endowment per Student FY81-FY03 Graph 5: Comparative Endowment per Student FY03 Graph 6: Salary Pool and CPI Comparisons for Returning Employees Graph 7: Operating Reserves (Liquidity: Unrestricted Operating Reserves) Graph 8: Liquidity: Current Ratio Graph 9: Ratio of Expendables to Expenditures Graph 10: Ratio of Non-Expendables to Expenditures Graph 11: Debt and Assets (Plant Debt as % of Endowment) Graph 12: Expendables to Debt (Ratio of Expendables to Plant Debt) Graph 13: Price (compared to CPI) Graph 14: Comparative Student Charges, 2003-04 Graph 15: Discounting Graph 16: Gifts & Grants Supporting the Operating Budget Haverford College Periodic Review Report 2004 iii APPENDICES Appendix A: Bi-College Cooperation Agreement Appendix B: Response to the Middle States Visiting Team Recommendations Appendix C: Diversity Plan: Building and Sustaining Diversity at Haverford College Appendix D: Diversity at Haverford Statement of Commitment Appendix E: Faculty Projections: 2018 Appendix F: Minors Data Appendix G: Academic Department Responses to 1999 Self-Study Assessment Recommendations Appendix H: Divisional Assessment Mechanisms at Haverford College: Some Examples Appendix I: Enhancement of Abilities Analysis and Comparison of Personal Values Analysis Appendix J: Faculty Course Evaluation Forms Appendix K: Academic Visiting Committees Appendix L: Professional Activities Form (PAF) Appendix M: Guidelines for Recommenders of Reappointment/Promotion/Tenure Cases Appendix N: Institutional Research Inventory Appendix O: Survey Data Inventory and Schedule Appendix P: Diagram: Overview of Planning and Assessment Appendix Q: Inventory of Major Documents Appendix R: Additional Allocations Appendix S: Financial Health of Haverford College Appendix T: Budgeting Principles Appendix U: FY05 Budget Appendix V: Five-year Budget Model ADDITIONAL MATERIALS 1) Haverford College Catalog, 2003-04 2) The Quaker Heritage of Haverford College 3) Haverford College Factbook 2003 4) “Educating to Lead, Educating to Serve” Campaign Case Statement 5) Endowment for Diversity Program brochure 6) Audited