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KSC President Reports on College's Budget and Mission

KEENE, N.H. 1/30/09 - Keene State College president Helen Giles-Gee reported on the College’s economic situation at an all-campus budget discussion Friday afternoon. While no layoffs are anticipated at this time, she urged the campus community to meet the current economic crisis with a greater focus on the institution’s priorities, mission, and spending.

“This is a challenging time, yet it also presents an opportunity for higher education institutions to fulfill their missions differently,” she said. “As we look toward the future, we must create strategies that sustain this College’s well-being and assure constituents that we are doing everything possible to hold down costs and spend effectively and efficiently.”

Her address, “Maintaining Financial Balance While Moving Ahead: The Challenge to Strengthen our Mission,” gave an overview of the financial outlook facing higher education in general and Keene State College specifically, and focused on four questions:

  • What are the key sources of the College’s revenue?
  • Does the College use its funds/budget efficiently and effectively, and how did it provide funds back to the state?
  • Has the College provide added value to students for past increases in tuition and fees?
  • What can the College doing to cushion itself against another fiscal downturn and protect its core mission and its future?

The College has created a website with budget information and a link for cost containment suggestions and comments from the Keene State community.

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229 Main Street
Keene, New Hampshire 03435