The History and Operation of Cedarville College

G. Paul Wyland Assistant Professor of Hisfory Director of the Library 23 A. ·B. M.A.· Additional: Bryan University University of Tennessee 1952 1954 >!< Part time teachers 10 hours Political and Social History of U.S., Ohio State University. **On leave of absence. Expects to receive Ph. D, this year. d) Finances. 1. Income and Expenditures. There are two source.s of income for the operation of the college: tuition and gifts. Each student pays $ 175 per semester for sixteen hours of instruction. In the event any student is permitted to take hours in addition to this he can do so at $ 14, 50 per semester hour, Gifts for the support of the college are received from the churches which have approved this institution. Occa- sionally there are gifts from individuals who are interested in the college. Appendix E lists the gifts from churches contributing to the school over a one-month period. This changes from month to month, but in recent months the average has been approximately$ 5, 000. Some money has been received by the college by means of a matching gift program in cooperation with certain companies, such as the Cleve- land Electric Illuminating Company and the Dow Chemical Company. All expenditures are made through the general office and are approved by either the president or the treasurer of the college. 2, Budget and Control. A budget committee is appointed by the chairman of the Board of Trustees to study the needs for the college each year. This committee consists of the President, Treasurer and