As colleges and universities across the country grapple with the challenges of the economic crisis, members of the Sarah Lawrence College Board of Trustees have created a special fund for students whose families face sudden financial hardship that jeopardizes their ability to continue their studies at the College.
"Extraordinary times call for extraordinary effort and a uniting of community. Today we are witnessing just that," said College President Karen Lawrence. "At this critical juncture, Board Chair John Hill and his wife, Marilynn, long-time Sarah Lawrence supporters, have taken the lead with a $500,000 gift to launch the fund, which we have dubbed the 'Angel' Fund. We are grateful that Trustee Nancie Cooper and her husband, Stephen, are contributing another $100,000, moving the fund significantly toward its goal of $1 million."
"Because of donors like the Hills and the Coopers, we are able to accommodate these families, living up to our mission of continuing to provide access and support for a range of students," Lawrence said. "Ensuring that our students can continue in these difficult times is a tremendous gift from our Board and supporters. We anticipate that many members of the Sarah Lawrence community will step in to help students remain at the school they love."
In making their gift to the College, John and Marilynn Hill noted the contributions of faculty and staff, which include a salary freeze and adjustments to benefits. The College is instituting a number of measures to contain expenses without compromising the integrity of its distinctive approach to education—one of the lowest student-to-faculty ratios in the country and one-on-one conferences with teachers, integral to nearly every course for every student.
"Collectively we will preserve the vibrancy of a Sarah Lawrence education," said President Lawrence.
For more information about the "Angel" Fund, please contact Nancy Mathiasen at (914) 395 2523. To make a gift to the Angel Fund online, please visit www.slc.edu/give.