*Winter 2001 Magazine CR - Webpages at SCU - Santa Clara ...

MissionMattersIBudget funds technology and salariesn February, the Board of Trusteesapproved a $206 million operatingbudget for the 2001–02 fiscalyear, including $5.2 million forincreases in salaries for the approximately1,450 faculty and staff, plus$3.4 million for technology improvementsat the University.The budget, which takes effectJuly 1, is approximately $11.5 millionlarger than this year’s.“We are committed to deliveringthe highest quality learning experienceat a good value,” said SCUPresident Paul Locatelli, S.J. “Whileour current programs are wellestablished, we cannot remain stationarywhile the environment changesaround us.”In response to soaring housingcosts in Silicon Valley, the Universityearlier this year announced a $10million, five-year initiative to providehousing assistance to recruit andretain faculty.Locatelli said the University willcontinue to hold its undergraduateenrollment targets to current levelsof slightly more than 1,000 freshmenper year, while seeking to increasegraduate school enrollments.The budget includes nearly $42million in institutional, federal, andstate funding for financial aid tostudents. Approximately two-thirdsof SCU undergraduates receive someform of financial assistance, inscholarships, grants, or loans fromthese sources.Tuition continues to be the largestsource of income for the University,comprising approximately 70 percentof revenue. In 2001–02, theannual tuition and mandatory feesfor incoming freshmen and transferstuition and fees for the 2001-02 academic yearUndergraduateFULL-TIME STUDENTSAnnualEnrolled prior to fall 1999 $21,522Enrolled after fall 1999 $22,110Will enroll in 2001–02 $22,572ROOM AND BOARDDouble room $ 5,301Single room $ 6,822Designed single room $ 6,387Triple room $ 4,581Sobrato Complex $ 6,375Meal plan $ 3,135will be $22,572. Tuition for currentSCU undergraduates will be slightlyless: $21,522 for students whoentered SCU prior to 1999, andGraduate Per Unit AnnualSCHOOL OF LAWEndowment to fund scholarships andscientific researchFirst year full-time students $25,560First year part-time students $17,892Upper division students $ 852LLM degree $1,000SCHOOL OF BUSINESS $ 571SCHOOL OF ENGINEERING $ 546COUNSELING PSYCHOLOGY& EDUCATION $ 368PASTORAL MINISTRIES $ 320$22,110 for students who enteredSCU in 1999 or later.Basic room and board will be$8,436.Anew endowment will support undergraduate scholarships and scientific research for studentspursuing careers in biology, chemistry, the pharmaceutical industry, or medicine.The ALZA Corporation announced in March that it would donate $500,000 over a five-year period tofund the ALZA Corporation Science Scholars Endowment at SCU.Peter Facione, dean of the College of Arts and Sciences, praised the partnership, saying it will“enrich the undergraduate experience of our students and enhance the quality and number of wellpreparedgraduates with science backgrounds to enter the Silicon Valley workforce.”Ernest Mario, ALZA’s chairman and chief executive officer, said the company has benefited fromSCU’s educational programs because the University “has provided a talented pool of new ALZA employeeswho over the years have proven to be excellent contributors to our success. We are delightedto provide this funded endowment to help assure a continuum of graduates who are competent, motivated,and interested in health care.”ALZA Corporation, headquartered in Mountain View, is a research-based pharmaceutical companycurrently focused on urology, oncology, and central nervous system products.6SANTA CLARA MAGAZINE/SPRING 2001