• About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy
Sunday, March 26, 2023
SUBSCRIBE
London Daily Post
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
London Daily Post
No Result
View All Result
ADVERTISEMENT

Kenan-Flagler Business School explores increasing undergraduates’ student fees

Editorial Board by Editorial Board
October 19, 2022
in Business News
Reading Time: 3 mins read
0


Since 2018, Kenan-Flagler Business School students have paid a performance enhancement fee aimed at improving the undergraduate business program and providing student resources such as academic advising and global scholarships.

The rate has remained the same since it was established four years ago, but that could soon change.

Kenan-Flagler is looking to potentially increase the fee, known colloquially as the “business school fee,” for incoming students as early as the fall semester of 2023 due to program expansion and increased the registration

According to a statement from Jordan Hale, associate dean of the Undergraduate Business Program, Kenan-Flagler’s major enrollment has grown by 11 percent and minor enrollment by 66 percent starting in 2022.

“We shared that PEF has allowed us to increase the size of our staff to serve (students) in all aspects of UBP, especially in enhanced professional training, global programs, scholarships, wellness and student engagement programs” , he said. in the statement.

Business majors currently pay $1,000 each semester, for a total of $2,000 each year, according to Hale’s statement. The proposed increase would increase annual fees for incoming youth by $1,000. Business minors previously paid $1,000 a year, which could increase to $1,500.

The fee is waived for students who qualify for need-based aid, which will continue after the proposed increase.

Shimul Melwani is the associate dean of the business degree program. He said there is also a secondary process for any student going through personal financial hardship.

Hale explained that inflation from 2018 to 2022 also affected the program, with increased costs for UBP events and study abroad programming.

This month, the program sought feedback from business and pre-business students by holding town halls, student surveys and social media posts about the fee increase. Hale said students shared important concerns, but seemed to understand the need after learning more about it.

“In our interactions with students, most have asked why the fee is needed, how the fee is being used, if this is the right time to raise it, who will pay it and support for those who may not they have the resources to cover it. fee,” Hale said in the statement. “They also emphasize the importance of holding the school accountable for how the fee is used.”

Melwani said the program has not received as much student feedback as they had hoped, with only about 100 survey responses from 800 current students and about 1,000 applicants.

“Of the students who have taken it, we’ve had about 10 percent say they support it and another 15 percent say they don’t care one way or the other. And then, of course there is a significant number who are not particularly enthusiastic or supportive of it,” Melwani said.

Sophie Cho, co-chair of UBP’s Community, Equity and Inclusion Board, said that while she understands the potential increase, the timing of the proposal was not ideal due to recent tensions at Kenan-Flagler.

“This increase will help fund really needed staff who work directly for students, but I think the manner and timing of this was really unfortunate,” Cho said.

Cho said the general consensus he gathered was that students see a need for the increased fees to be competitive with other undergraduate business programs.

However, Cho also said that there needs to be a maximization of resources so that the fee is worthwhile for students.

“Furthermore, just an emphasis on expanding equity and community inclusion is important within the program so that even if there are resources, our students feel like they belong in the program and can comfortably pursue those resources that in ultimately they are paying,” Cho. said

Although the proposal was presented to two separate advisory committees, Melwani said it will need to be approved by both the UNC Board of Trustees and Board of Governors before it is enacted.

“At the end of the day, it’s just a proposal. It’s a multi-step process that goes through a lot of different bodies at UNC and then across the system as well,” Melwani said.

@collinatadlock

university@dailytarheel.com

To get the day’s news and headlines delivered to your inbox every morning, sign up for our email newsletters.





Source link

Share this:

  • Twitter
  • Facebook

Related Posts

Business News

Britain to be worst-performing major economy this year, warns IMF, despite brightening global economy – business live | Business

January 31, 2023

Introduction: IMF forecasts UK recession this yearGood morning, and welcome to our rolling coverage of business, the world economy and...

Business News

The return of Business Expo, book sale | News, Sports, Jobs

January 28, 2023

“No man is an island, whole by itself; each man is a piece of the continent, a...

Business News

Southern Colorado family speaks out after a fire destroys their business

January 25, 2023

COLORADO SPRINGS, Colo. (KKTV) - Trinidad Police have arrested Sherry Abeyta, 45, in connection with a fire that occurred last...

Business News

Tri-state people in business: New hires, promotions, achievements | Business

January 22, 2023

country United StatesUS Virgin IslandsSmaller outlying islands of the United StatescanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, Republic ofDominican RepublicHaiti,...

Next Post

Howey Politics sold to digital news startup State Affairs – Indianapolis Business Journal

POPULAR

Tech News

The battle for satellite internet, and detecting biased AI

March 23, 2023
Tech News

Weight loss drugs, and a new abortion fight frontier

March 20, 2023
Tech News

China’s version of ChatGPT, and protecting our brain data

March 17, 2023
  • About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy

© 2022 London Daily Post. All Rights Reserved.

No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports