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Lasell Receives $50K from Davis Foundation to Lower College Costs

October 04, 2016

The Davis Educational Foundation has awarded Lasell College $50,000 in grant funding for an initiative to study lower cost models for independent colleges. The initiative, led by President Michael B. Alexander, includes a group of administrators from a broad representation of liberal arts colleges who have been meeting to explore and address cost containment in higher education. The foundation was established by Stanton and Elizabeth Davis after Mr. Davis's retirement as chairman of Shaw's Supermarkets, Inc.

The grant will support the group's continued meetings where they will learn from each other's lower cost experiments and  investigate the feasibility of engaging in one or more collaborative programs.

"It is imperative that we find a significantly lower cost approach that will offer a quality private higher education and maintain the developmental benefits of s residential experience for traditional age undergraduate students," wrote Alexander in the group‘s proposal to the foundation.

Lasell's own experiment in this vein is the Sophomore Alternative Semester, which launched this fall. The semester allows sophomores, who meet certain criteria, to take courses online, live off campus and are required to work for a semester. The students maintain their full-time status and return to campus the following semester.