The Kresge Foundation Funds
Goal to Control Costs
The Kresge Foundation has awarded ICI a $240,000 grant to support feasibility studies of twelve collaborative cost-saving initiatives among its 31 member colleges and universities over the next fifteen months. The immediate goal is improved service and efficiency for institutions at a reduced cost. The larger long-term goal is to help control the cost of college for students.
Dubbed MAAC (Massive Aggregated Administrative Capacity), the project name is a play off the acronym MOOC (Massive Open Online Courses) that describes free online classes offered to thousands of students at a time. In contrast, MAAC focuses on the administrative side of higher education, targeting areas like payroll and technology that every college must do but that don’t necessarily contribute to the institution’s unique identity and mission nor directly touch the student experience in the classroom and on campus.
The complete news release may be read here.
Message from ICI President & CEO Richard Ludwick
Independent Colleges of Indiana is sharing this informational update with you – as one of our stakeholders – to illustrate the performance and contributions of our 31 member colleges and universities and why they are the smart choice for students and for Indiana. We hope you find this information helpful in sharing that story with community leaders, colleagues, parents, students, and friends. If you have any questions or comments, please just let us know (contact information below).