What does $1,450,000 buy?

Assuming 860 students and 5% interest a year, $1,450,000 could provide a payment of $85 a year to each student to help defray costs for books and materials.

At 5% interest a year, $1,450,000 would fund
  • full tuition for 10 In-State students a year
  • or full tuition for 7 New England Regional students a year
  • or full tuition for 5 Out-of-State students a year
It would also pay half tuition for double these numbers – 20 In-State students, 14 New England Regional students, 10 Out-of-State students.

At 5% interest a year, $1,450,000 could provide a $1400 dollar a year increase – each year - to the all of the 52 full-time faculty

Or $1,450,000 can buy a Second President’s House that is smaller and older than the current President’s House, that may require more yearly upkeep than the current President’s House, and that will require substantial renovations to make it appropriate as a President’s House.