Updates from the Middlebury Board Meeting
Dear Colleagues:
I wanted to provide some highlights specific to MIIS from the recent Middlebury Board of Trustees meeting, in addition to the news story that went out Tuesday.
The board explored the academic and operational implications of AI. A project of our own Dan Chatham was highlighted, in which he’s creating a ChatGPT simulation for one of his IEM classes.
Kenshin Cho ‘20, a student at Columbia Law School, was named to the Middlebury board as the new young alumni representative. We’re proud to say that he was a summer intern at CNS.
Campaign Launch
The campaign officially launched with $343M already raised towards the $600M goal.
- Notably, this includes the largest estate gift in Middlebury history – $38M from a member of the College class of 1955 who was a language interpreter – English, Spanish, French, and Portuguese.
- There have been $25M in commitments to MIIS, 38 percent from foundations and the rest split fairly evenly between estates, parents, friends, and trustees.
- Save the date for the San Francisco campaign launch event on March 28 at the Salesforce tower, which will be open to all.
2024-25 Tuition Increase
As we continue to expand our online programs and further invest in our in-person programs, we are creating clearer, differentiated structures for each. One important step is that starting in the 2024-25 school year, we are setting different rates for our in-person and our online programs. These are aligned with the associated costs of running these programs, the competitive landscape, and industry best practices.
The board approved these adjustments to tuition fees for the 2024-25 AY:
- In-person fees (including blended synchronous):
- Comp fee: $24,092/semester (3.5% increase; Middlebury Institute and partner scholarships available)
- Part-time fee: $2,008/credit (This is equal to the comprehensive fee divided by 12, which is the minimum number of credits to be considered full-time; Middlebury Institute and partner scholarships available)
- NEW: Online fee:
- $850/credit (No Middlebury Institute and partner scholarships available. However, students benefit from the more affordable rate and are encouraged to continue working while they study.)
- Will apply to all asynchronous online programs: IEM, TLM, MPA in Sustainability, TESOL
- Student fees: No change
- Activity fee: $85/semester (covers professional development, workshops, student clubs, emergency funding, MIcommunity etc)
- Resources fee: $150/semester (covers TimelyCare)
- Munras Residence Hall: 3.25% increase
Updates to the Institute Board of Advisors
The Institute Board of Advisors (IBA) met on Friday.
- I presented updates on the MIIS business plan and shared that we have officially signed our contract with Wiley to expand online programs. Wiley is in the process of selling its online division to Academic Partnerships.
- Our constituent representatives present at the meeting were Sharad Joshi (faculty), Jill Stoffers (staff) and Landry Dohou Bi(student).
I hope everyone had a restful Thanksgiving and enjoyed some well-earned time off.