From the Manchester College Archives

News Release

Contact: Jeri Kornegay
Director of Media and Public Relations
260-982-5285  jskornegay@manchester.edu

 

Announcing the Manchester College

Triple Guarantee:

affordability, graduation, results

 

In these very uncertain times, Indiana families with teenagers share three big college concerns:

                Can we afford college?

                Will our student finish in four years?

                Will that degree result in a job?

Manchester College said Yes! to each of those questions at a news conference Tuesday, Dec. 16. In the thick of national and state calls for accessible and affordable college degrees, College President Jo Young Switzer announced the Triple Guarantee:

1. Financial aid for all full-time students, and full tuition for academically strong low-income students who live in Indiana

2. Graduation within four years for all full-time students or receive free tuition for credits you need to graduate in five years

3. A job or post-graduate school within six months of graduation, or return for a full year tuition-free.

“Making college affordable is a responsibility shared with families, colleges, the state of Indiana and the federal government,” said Switzer.

Joining Manchester College on Tuesday for the Triple Guarantee announcement was Congressman Mark Souder, a senior member of the House Committee on Education and Labor.

“Many Indiana families do not even have the income to open a savings account for college,” the congressman noted in congratulating Manchester College for trying to address “in a creative way” challenges of affordability and accessibility to higher education.  “Manchester is extending and expanding their programs and they’re standing behind their programs (with guarantees).”

These are not “stretch” goals for the independent Manchester College, with about 1,150 students from 25 states and 25 countries on its residential campus in northern Indiana.

More than 85 percent of Manchester graduates already finish within four years … a rate far exceeding Indiana state universities. In addition, Manchester graduates quickly realize success with their MC degrees: More than 97 percent have jobs or are in graduate school within six months of receiving their diplomas.

 

Students’ success after graduation is our bottom line,” noted Switzer. “It’s how we’re measured.” The College announced its Triple Guarantee in its Success Center, filled by students at study tables, receiving tutoring, writing, counseling and career advice. Manchester’s success team spans the campus, with scores of faculty, professional staff and student mentors embracing the shared commitment.

Manchester’s four-year graduation rate of 82 percent is “huge to family budgets,” said David F. McFadden, executive vice president. “To put that percentage in perspective: Fewer than 25 percent of graduates at public regional universities like IPFW and IUPUI finish in four years. And the four-year rate ranges between 50 and 70 percent at Indiana’s major public universities.”

"The Triple Guarantee shows that Manchester College cares about you as a person, not just as a student at the College,” said junior Nate Hodges, whose family receives a substantial financial aid package for their first-generation college student. “The Triple Guarantee helps you before, during and after college, which shows that the College cares about you and wants you to succeed."

The guarantees require students to maintain good academic and disciplinary standing and to meet financial aid filing and payment deadlines required of all students. To qualify for full tuition, students also must qualify for Indiana and federal Pell grant funds. For details, visit www.manchester.edu/TripleGuarantee or contact the Admissions office at admitinfo@manchester.edu or 800-852-3648.

“Manchester College has a long tradition of delivering an exceptional education at a tremendous price,” said McFadden. “Nothing we’ve announced today changes that.  We’re simply guaranteeing it.”

Dec. 16 , 2008

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