Wed 24 Feb 2010
Williams College President Morton Owen Schapiro is pleased to announce a $5 million gift from Edgar M. Bronfman ’50 to help extend need-blind admission to all international applicants to the college.
Last year Williams announced plans to admit qualified international students regardless of their families’ abilities to pay and to promise to meet 100 percent of their financial need for four years. Such need-blind admission previously was restricted to applicants from the U.S., Canada and the Caribbean. Financial aid funds for other overseas students was limited. International students currently comprise 7 percent of the undergraduate population at Williams.
1) Bill Wagner wrote that the College was moving back to need-awareness for internationals and, in a private e-mail, Jim Kolesar
confirmed that the new rules would apply to all non US citizens confirmed that Williams will continue to treat Permanent Residents the same as US citizens. So, the people that have been most screwed by the changes over the last decade are applicants from Canada and the Caribbean. They started out as being treated just like US students and will now be treated just like students from China or Bulgaria. Harsh!
2) What does Edgar Bronfman ’50 think about all this? The Record ought to call him and find out. I assume that the College has handled all the accounting fairly. Bronfman’s donation is still sitting in the endowment, with its income dedicated toward international admissions. (Does anyone understand the details of how that works at Williams?) It is just that the income is not enough given the relentless rise in tuition.
Bronfman’s gift is only the latest in his and his family’s ongoing commitment to international exchange and understanding at Williams. Last year alone, the Bronfman Family Fund made it possible for 10 foreign students to attend the college and for four Williams students to study abroad.
Hmm. As always, the details would be interesting to know. Is the Bronfman Family Fund a complete separate non-profit from Williams? Does it give these scholarships every year?
“Edgar Bronfman shares with the college and trustees the dream of making Williams a truly international institution” Schapiro said. “His generous gift will help us endow our international scholarship program in perpetuity and guarantee that Williams remains a world-class institution.”
I am not sure if “in perpetuity” means what naive readers think it means . . .
Financial aid for international students also was boosted by a significant portion of a $7.4 million anonymous commitment announced in October.
Just how much endowment money is dedicated to international financial aid?
UPDATE: This post has been edited in an attempt to raise my grade. Does this get me at least an A-?
UPDATE II: Correction about Permanent Residents made above. Thanks to ebaek for the pointer.
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