Serving the GW Community since 1904

The GW Hatchet

AN INDEPENDENT STUDENT NEWSPAPER SERVING THE GW COMMUNITY SINCE 1904

The GW Hatchet

Serving the GW Community since 1904

The GW Hatchet

NEWSLETTER
Sign up for our twice-weekly newsletter!

Library, financial aide get boosts


The 4.4 percent tuition and fees increase GW announced last week will allow more funding for the Honors Program, Gelman Library, the Law School, financial aid and technology, University officials said.

Daniel Small, director of Student Financial Aid, said an extra $6 million in funding will be put into the general pool for financial aid that will allow for a total $57 million for need-based financial aid.

“We realize what is needed for the current student population,” Small said. “A lot of the money will be going to student grants and scholarships, which in the global perspective we like to see.”

Small said he is happy with the 11 percent increase for financial aid.

“We are always glad when the increase for financial aid is greater than the increase in tuition,” Small said.

The Gelman Library received four times the size of its normal budget, with a $1.2 million increase in funding for collections and operations.

“It’s the library’s turn,” said Jack Siggins, University Librarian. “The funding is extremely significant and we will be able to increase our collection by 10,000 to 12,000 volumes per year.”

Siggins said plans to move the German and Slavic departments out of the sixth floor in Gelman will open much-needed space for studying and shelf space for new material.

“We plan to increase the periodicals as well as a variety of books,” Siggins said.

Siggins said students will not have to wait long to see the impact of the new funding.

“Come July 1 students will be able to see the importance of these new books when we start bringing them in,” he said.

Plans for the library also include expansion of study areas, new furniture in the fourth and fifth floors similar to the renovated sixth floor, and a cafe in the basement for students and faculty.

“We plan to have the new furniture in on the fourth and fifth floors by the reading period,” Siggins said.

GW did not give more than usual to cover new technology, increasing its technology budget $585,000.

“The technology increase is standard,” said Jeff Baxter of Information Systems and Services. “The money will be used for continuing upgrades of the technology and increasing some Web services, such as the GW portal.”

Baxter said the money will fund a new faculty Web site similar to GWeb that will allow faculty to input grades online and facilitate easier teaching.

The tuition increase to $26,140 in the 2001-02 school year from $25,040 this year places GW among the top-20 most costly universities in the country, according to the budget proposed by the Office of the Vice President and Treasurer. GW will rank 20th in the nation behind institutions including Boston, Princeton and Yale universities. Brown University heads the list at $27,362.

The GW Law School will rank 11th in the nation in tuition and fees at $28,045 per year

This year’s increase is the smallest percentage tuition hike in 13 years.

University President, Stephen Joel Trachtenberg, credited the smaller increase to “prudent fiscal planning and a more efficient University.”

“We recognize the current economic climate and have taken steps to minimize the financial impact to our students and their families, including increasing student financial aid by over $6 million,” Trachtenberg said.

More to Discover
Donate to The GW Hatchet