At the board of trustees meeting this past Saturday, board members discussed upcoming changes coming to campus including the renovation of the campus center, an increase in the student life fee, the expansion of academic programs and Otterbein's financial status.
Vice President of Student Affairs and the Dean of Students Robert Gatti thanked Otterbein Student Government for its approval of the fee.
The new $125-150 fee will start Fall 2019 and is set to last 20-30 years, said Gatti, or until two-thirds of the $15 million budget has been financed.
Otterbein University Student Government (OUSG) President Jeremy Paul said in a letter to students Monday after the meeting that OUSG was able to delay the fee from the fall of 2018 to the fall of 2019.
“OUSG clearly communicated our concerns with the original proposal of the fee’s implementation, specifically the expected start date. Our voices were clear and the administration heard us,” said Paul.
In other trustee meeting business,
Associate Professor Anna Young, director of the zoo and conservation science program, announced a new aquarium track that will increase the program's capacity.
The track will increase the number of open spots in the program each year. The current limit is 26 students.
Several action items were approved, including the emeritus status of five professors that have a combined total of 126 years in teaching.
Frederic Bertley, current CEO of the Center of Science and Industry (COSI), was announced as the undergraduate commencement speaker. The board awarded Bertley an honorary degree in public service from Otterbein.
Vice President of Institutional Advancement Michael McGreevey said the "Where We STAND Matters" campaign has reached $45.2 million. According to McGreevey the campaign should hit the $50 million mark by the end of spring 2018.
Board members reported that Otterbein’s endowment hit a record high this past quarter at just over $117 million.