1992-1993 Cedarville College Annual Report

trategic planning and stewardship-these two concepts explain why Cedarville College has been able to grow so steadily while maintaining a sound financial base. Dr. Dixon initiated a strategic planning process soon after starting as president. The college administration, faculty, and staff annually review institutional priorities and trends in higher education. Aplanning committee reports to the administration on key issues and possible actions suggested by the college family. Cedarville's approach to stewardship is evident in one of Dr. Dixon's well– known phrases, "Anything done in the name ofJesus Christ should have quality stamped all over it." As stewards of many resources- people, funds, buildings, time-the College leadership strives to find increasingly efficient ways to serve students. Strategic planning is critical to good stewardship. CEDAQVILLE ADD8 PQOGQAM8 and facilities with care and in a timely fashion. State-of-the-art facilities, including the Athletic Center (1981), the Centennial Library (1987) and the 100,000 square foot Engineering/ Nursing/Science Center (1992), enhance the quality of proven programs. Strategic planning has also brought about the George S. Milner Business Administration Building (1987), the Department of Nursing (1981), the Elmer W. Engstrom Department of Engineering (1990), and CedarNet, the campuswide computer network (1992) . Numerous construction projects have seen 95% of all classrooms on campus built or renovated in the last 10 years. Capital projects and operations proceed without government funding, demonstrating Cedarville's practice of free enterprise principles. Free enterprise is taught in the classroom as well. The John Templeton Foundation Honor Roll of Free Enterprise Teaching Colleges has included Cedarville College for the past three years. THQOUGtI 8TEADY GQOWTfi and faithful friends who contribute in many ways, the College has been successful in maintaining a firm financial foundation. The College has had a balanced budget for the last 14 years. Fall quarter 1993 saw a record 2,278 students enrolling at Cedarville College, a 92% increase in the student population during Dr. Dixon's 15-year tenure. Thirty-four percent of alumni, well above the national average, contribute to the Annual Fund. This vital fund bridges the gap between what students pay and what their education costs. Student costs for 1993-94 for tuition, room, board, and fees total $10,730. Students in residence hall rooms on the computer network pay an additional $165 per quarter. Costs are typically 30 percent less than the ' ' Excellence in Christian leadership demands a commitment to values and consistent hard work. As faculty, we want our business students to be values-driven. And we can point to our own institution as a good model of principles put into practice. ' ' c;;:_~~c;.~~ Dr. Sharon Johnson ~ Chair, Department of Business Administration