As a part of the University’s strategic plan to foster and ensure its fiscal health and financial sustainability, this morning, Dr. H. James Williams made two important announcements.
Undergraduate tuition will be frozen at the 2015-2016 level. Incoming freshmen tuition will be $19,624 for the year and remain at that level through 2018-2019 for the Class of 2019. Each class of continuing students will have their tuition frozen at the 2015-2016 level for the remaining number of years to their graduation. This means that the Class of 2018 will have three years and the Class of 2017 will have two years at the 2015-2016 freeze level.
President Williams stated, “We listened to our students and their families. The Board approved our recommendation to freeze the tuition because our students and families deserve a high-value education that they can afford. There is already a gap in the amount that families can afford to pay and the cost of a quality education. We value our students and will, to the extent possible, adjust our spending to match their budgets. Fisk is already a national leader in the value of the degrees it confers; this step enables us to increase that value proposition.”
Williams also announced the appointment of Sydney Rose Leo, as Vice President for Finance & Administration/Chief Financial Officer (CFO), effective May 1, following a national search conducted by the Association of Governing Boards. Leo comes to Fisk from Danvers, Massachusetts and the Interaction Institute for Social Change, where she served as CFO. She brings over twenty-five years of financial, strategic, organizational transformation and change management, information technology, and operations experience.
Leo’s prior work experiences includes senior manager/director stints with Ernst & Young, KPMG, and Deloitte & Touche. In addition, she has provided extensive consultant services on enterprise risk management, strategic planning, internal audit practices, and accounting information systems to a host of clients, including Harvard University, Boston College, the Massachusetts Institute of Technology, Bucknell University, General Motors, and SONY.
Leo earned the Bachelor of Science in Sociology degree, with a concentration in organizational behavior, from Smith College, the Master of Science in Accounting and Finance degree from the University of Hartford, and the Master of Science in Computer Information Systems degree from Bentley University.
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About Fisk University:
Founded in 1866, Fisk University is Nashville’s first institution of higher education and currently ranks in the top 20% of all liberal arts institutions in the nation according to The Washington Monthly. According to the American Physical Society, Fisk is the #1 producer of underrepresented minority Master's in Physics degrees. Fisk is ranked in the top 15 institutions for awarding the Master's in Physics degree for all students, and tied for fourth place for Master's degrees awarded to women. Fisk is the fourth highest ranked institution in Tennessee and the highest ranked Historically Black Colleges and Universities (HBCUs) in Forbes magazine’s 2014 edition of “America’s Top Colleges.” Fisk has ranked in Princeton Review’s “Best Southeastern Colleges” publication for 22 consecutive years. U.S. News & World Report ranks Fisk in the elite Tier One liberal arts institutions. Fisk has earned 4 R&D 100 Awards, the only HBCU to do so, for work in the creation of radiation detectors developed in collaboration with several national laboratories and corporations. According to the National Science Foundation, Fisk produces more African-Americans who earn doctoral degrees in the natural sciences than any school in the nation. For more information on Fisk University, please visit www.fisk.edu.
Posted By: Reginald Culpepper
Friday, April 17th 2015 at 6:28PM
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