News Announcement
For further information please contact
Cheryl L. Kight - Vice President, Marketing

Columbus, June 18, 2007

Walsh University Named First Recipient of Grant to
Recognize Efficiencies and Effective Business Practices
 in Higher Education

Walsh University in North Canton is the first recipient of a $20,000 grant established through The Ohio Foundation of Independent Colleges (OFIC). 
 
A private foundation developed a program to recognize sound and effective business practices in higher education and will anonymously award funding through OFIC.  Funds are awarded based on the college or university’s scores on five critical elements of evaluation. These elements are intended to be indicators of effective business and financial practices.

OFIC member institutions must apply for this innovative unrestricted grant annually. Plans are to increase funding awarding more college grants while continuing to modify the evaluated elements making them representative of highly efficient operations in higher education.

For 57 years OFIC has supported independent higher education by providing unrestricted operating funds, scholarships and programmatic support through funds raised in annual solicitations of businesses and foundations. OFIC facilitates these funds on behalf of its non-tax-supported member colleges and universities.  Member colleges collectively enroll more than 97,000 students and award one-third of all bachelor’s degrees in the state. OFIC is governed by a Board of Trustees comprised of Ohio’s corporate leaders, as well as presidents of the 35 member colleges.

The member colleges are: Antioch College, Ashland University, Baldwin-Wallace College, Bluffton University, Capital University, Cedarville University, University of Dayton, Defiance College, Denison University, The University of Findlay, Franciscan University of Steubenville, Franklin University, Heidelberg College, Hiram College, John Carroll University, Kenyon College, Lake Erie College, Lourdes College, Malone College, Marietta College, Mount Union College, Mount Vernon Nazarene University, Muskingum College, Notre Dame College, Oberlin College, Ohio Dominican University, Ohio Northern University, Ohio Wesleyan University, Otterbein College, Urbana University, Ursuline College, Walsh University, Wilmington College, Wittenberg University and The College of Wooster.