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Proposed Budget Reduction Plan

Comprehensive Fee Revenue

The college anticipates a small shift in the make-up of next year’s incoming class due to higher applications from traditional-age students and lower applications for the Ada Comstock Scholars program. This change results in a modest increase in room and board revenue.

Smith commits to meet the full demonstrated need of admitted students. The college has broad socio-economic diversity within its student body. It is vitally important to maintain funding for financial aid during the recession. The financial aid budget for next year anticipates a larger increase in average grant among returning students than our three-year averages would suggest, to recognize the potential impact the economy may have on students and their families. Smith’s financial aid commitments have not been targeted in this reduction.

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Message from
the President

Introduction

Employee
Compensation

Student-to-Faculty
Ratio

Comprehensive Fee
Revenue

Facilites & Utilities

Study Abroad

Libraries &
Information
Technology
Services

Administrative,
Student & Academic Support

Revenue Generation

Investment Required

Appendix

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