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Could it prevent DEI offices from funding ethnic student resource centers and programs? DEI officers, it seems, are in for a long stretch of hard work. Could future applicants be prevented from speaking fully about their racial identities? Could a decision impact eligibility for scholarships?
The largest percentage, 46%, went to studentfinancialaid, with academic programs and research following at 15.6%. Almost two-thirds of survey respondents said that some gifts were tied to DEI initiatives. Despite the losses, colleges and universities reported an increase in spending in fiscal year 2022, to $25.85
NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid. Colleges tapped into their endowments for a variety of reasons, but primarily for studentfinancialaid.
In the 18 short months that Lynch led CSI, he has championed diversity, equity and inclusion and increased the institution’s financial health. Specifically, he oversaw increased diversity among his faculty and staff and created a new cabinet position overseeing DEI and belonging.
Critical Functions Cut: Whats Gone and Whats Left Federal StudentAid (FSA) FSA was among the hardest-hit divisions. This office, central to administering studentfinancialaid programs, saw substantial staff losses. However, civil rights functions extend well beyond DEI.
” The National Association of StudentFinancialAid Administrators (NASFAA) has said that the department needs to be reorganized for greater accountability but that reductions should be made strategically. ” (LAST UPDATE: Feb. Department of Education and the K12 and higher education systems.
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