Civic Intelligence

Lycoming College

EIN 24-0795965 • 501(c)3 • Williamsport, PA

Profile

The mission of lycoming college is to provide a distinguished baccalaureate education in the liberal arts and sciences within a coeducational, supportive, and residential setting.

One College PlaceWilliamsport, PA 17701

www.lycoming.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.17x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.56x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2022

Net Margin

52nd percentile

4.3%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

3.4%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2022

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2022

Assets

Up

$312,363,220

Up $11,897,687 (+4.0%) from 2023

Liabilities

Up

$54,306,220

Up $3,037,687 (+5.9%) from 2023

Net Assets

Up

$258,057,000

Up $8,860,000 (+3.6%) from 2023

Revenue

Up

$85,085,298

Up $12,863,887 (+18%) from 2023

Expenses

Up

$88,842,175

Up $1,954,481 (+2.2%) from 2023

Net Income

Up

-$3,756,877

Up $10,909,406 (+74%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400M$300M$200M$100M$0Assets 2010: $187,089,000Liabilities 2010: $38,561,000Net Assets 2010: $148,528,0002010Assets 2011: $215,762,044Liabilities 2011: $38,182,789Net Assets 2011: $177,579,2552011Assets 2012: $218,165,854Liabilities 2012: $36,986,983Net Assets 2012: $181,178,8712012Assets 2013: $234,143,842Liabilities 2013: $36,459,013Net Assets 2013: $197,684,8292013Assets 2014: $282,168,604Liabilities 2014: $56,400,528Net Assets 2014: $225,768,0762014Assets 2015: $282,686,158Liabilities 2015: $59,141,262Net Assets 2015: $223,544,8962015Assets 2016: $267,207,346Liabilities 2016: $54,580,434Net Assets 2016: $212,626,9122016Assets 2017: $282,862,528Liabilities 2017: $54,233,166Net Assets 2017: $228,629,3622017Assets 2018: $289,299,873Liabilities 2018: $53,259,993Net Assets 2018: $236,039,8802018Assets 2019: $291,884,213Liabilities 2019: $55,784,551Net Assets 2019: $236,099,6622019Assets 2020: $279,702,335Liabilities 2020: $53,758,735Net Assets 2020: $225,943,6002020Assets 2021: $328,481,889Liabilities 2021: $56,340,889Net Assets 2021: $272,141,0002021Assets 2022: $298,802,634Liabilities 2022: $49,701,934Net Assets 2022: $249,100,7002022Assets 2023: $300,465,533Liabilities 2023: $51,268,533Net Assets 2023: $249,197,0002023Assets 2024: $312,363,220Liabilities 2024: $54,306,220Net Assets 2024: $258,057,0002024

Highlighted filing

2024

Assets$312,363,220
Liabilities$54,306,220
Net Assets$258,057,000

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2010: $49,893,0002010Expenses 2011: $51,574,1602011Expenses 2012: $54,862,2382012Expenses 2013: $56,197,0472013Revenue 2014: $70,561,797Expenses 2014: $59,723,889Net Income 2014: $10,837,9082014Revenue 2015: $70,913,407Expenses 2015: $67,156,240Net Income 2015: $3,757,1672015Revenue 2016: $66,790,770Expenses 2016: $71,354,892Net Income 2016: -$4,564,1222016Revenue 2017: $79,098,470Expenses 2017: $75,010,069Net Income 2017: $4,088,4012017Revenue 2018: $74,519,544Expenses 2018: $74,739,109Net Income 2018: -$219,5652018Revenue 2019: $75,007,302Expenses 2019: $75,172,547Net Income 2019: -$165,2452019Revenue 2020: $68,926,133Expenses 2020: $77,994,100Net Income 2020: -$9,067,9672020Revenue 2021: $88,685,809Expenses 2021: $77,710,529Net Income 2021: $10,975,2802021Revenue 2022: $89,358,033Expenses 2022: $85,552,748Net Income 2022: $3,805,2852022Revenue 2023: $72,221,411Expenses 2023: $86,887,694Net Income 2023: -$14,666,2832023Revenue 2024: $85,085,298Expenses 2024: $88,842,175Net Income 2024: -$3,756,8772024

Highlighted filing

2024

Revenue$85,085,298
Expenses$88,842,175
Net Income-$3,756,877

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$312$54.3$258$85.1$88.8$3.76
2023Detailed filing. Detailed filing data is available for this year.$300$51.3$249$72.2$86.9$14.7
2022Detailed filing. Detailed filing data is available for this year.$299$49.7$249$89.4$85.6$3.81
2021Detailed filing. Detailed filing data is available for this year.$328$56.3$272$88.7$77.7$11.0
2020Detailed filing. Detailed filing data is available for this year.$280$53.8$226$68.9$78.0$9.07
2019Detailed filing. Detailed filing data is available for this year.$292$55.8$236$75.0$75.2$0.17
2018Detailed filing. Detailed filing data is available for this year.$289$53.3$236$74.5$74.7$0.22
2017Detailed filing. Detailed filing data is available for this year.$283$54.2$229$79.1$75.0$4.09
2016Detailed filing. Detailed filing data is available for this year.$267$54.6$213$66.8$71.4$4.56
2015Detailed filing. Detailed filing data is available for this year.$283$59.1$224$70.9$67.2$3.76
2014Detailed filing. Detailed filing data is available for this year.$282$56.4$226$70.6$59.7$10.8
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$234$36.5$198$56.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$218$37.0$181$54.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$216$38.2$178$51.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$187$38.6$149$49.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$103,535,403
Mission and Program Overview

Mission

The mission of Lycoming College is to provide a distinguished baccalaureate education in the liberal arts and sciences within a coeducational, supportive, and residential setting.

To provide a distinguished baccalaureate education in the liberal arts and sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$185,431,202$198,015,473▲ $12,584,271
Land, Buildings, and Equipment, Net$92,753,655$92,553,096▼ $200,559
Savings and Temporary Cash Investments$2,284,862$4,372,546▲ $2,087,684
Pledges and Grants Receivable$3,584,463$3,283,697▼ $300,766
Investments Other Securities$1,711,188$1,397,317▼ $313,871
Other Notes and Loans Receivable, Net$612,106$495,607▼ $116,499
Cash and Non-Interest-Bearing Accounts$113,588$87,811▼ $25,777
Accounts Receivable$18,030$18,797▲ $767
Total Assets$300,465,533$312,363,220▲ $11,897,687
Other Assets Total$13,956,439$12,138,876▼ $1,817,563
Liabilities
Tax Exempt Bond Liabilities$37,270,000$36,225,000▼ $1,045,000
Other Liabilities$11,882,331$11,247,590▼ $634,741
Mortgage Notes Payable Secured by Investment Property$985,450$5,360,000▲ $4,374,550
Accounts Payable and Accrued Expenses$1,130,752$1,473,630▲ $342,878
Total Liabilities$51,268,533$54,306,220▲ $3,037,687
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$184,441,000$190,713,000▲ $6,272,000
Net Assets With Donor Restrictions$64,756,000$67,344,000▲ $2,588,000
Total Net Assets Fund Balance$249,197,000$258,057,000▲ $8,860,000
Total Liabilities and Net Assets / Fund Balance$300,465,533$312,363,220▲ $11,897,687

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$73,109,993$65,173,688$137,633,119
Equipment$2,488,144$15,033,982$17,522,126
Leasehold Improvements$7,479,961$8,580,784$16,060,745
Land$9,474,998-$8,807,376
Other Land Buildings$0$7,515,926$7,515,926

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$175,147,000$2,306,000▲ $26,812,000$4,647,000$191,145,000
2022$190,214,000$2,168,000▲ $19,541,000$28,227,000$175,147,000
2021$229,609,000$1,629,000▼ $18,818,000$15,279,000$190,214,000
2020$185,588,000$796,000▲ $55,121,000$5,067,000$229,609,000
2019$201,549,000$2,942,000▲ $2,086,000$14,477,000$185,588,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Kent C TrachtePresidentFT$350,578$292,331$642,909
Charles W EdmondsExecutive VP College AdvancementFT$270,998$39,438$310,436
Dr Philip W SprungerProvostFT$206,597$29,841$236,438
Jeffrey L Bennett CPAVP Finance & Admin CFO/treasurerFT$209,937$19,986$229,923
Michael ClarkAthletic Dir/head FootballFT$144,619$60,351$204,970
Robert L DunklebergerChief Information OfficerFT$155,986$31,083$187,069
Daniel P MillerVP Student LifeFT$143,678$25,791$169,469
Susan RossDean of CollegeFT$135,160$12,640$147,800
Sascha FeinsteinProfessor-$124,372$23,016$147,388
Kortet MensahAsst to Pres/chief Diversity OfficerFT$132,059$12,058$144,117
John WhelanProfessorFT$122,610$20,993$143,603
Michael J KonopskiSr Advisor Enrollment MgmtFT$119,117$19,809$138,926
Kacy HaganAssoc VP Hr & ComplianceFT$120,849$17,233$138,082
Mehrdad MadreseheeProfessorFT$121,668$11,538$133,206
Richard HintonVP Enrollment MgmtFT$55,151$2,917$58,068

Highest Paid Contractors

ContractorServicesLocationCompensation
Parkhurst Dining ServicesContracted Food Svcs285 WATERFORD DRIVE, New Homestead, PA 15120$4,481,625
Watts ConsultingBuilding Contractor16 HOLIDAY HILL, Endicott, NY 13760$1,403,439
R&j Ertel INCPlumbing/heat Contractor301 CHARLES ST, S Williamsport, PA 17702$1,154,718
Pine Ridge Construct ManagementBuilding Contractor1000 COMMERCE PARK DR, Williamsport, PA 17701$939,341
Huron Consulting ServicesStudent Marketing SvcsPO BOX 71223, Chicago, IL 60694-1223$480,675
Revenue and Support

Revenue Composition

Contributions and Grants
$7,746,806
Program Service Revenue
$61,619,462
Investment Income
$15,399,213
Other Revenue
$319,817
All Other Contributions
$6,067,224
Change in Net Assets
$-3,756,877

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$925,318Mean of Stock Price
Other Non Cash Contri Table2$20,889Cost
Other Non Cash Contri Table1$7,130Cost
Other Non Cash Contri Table1$3,080Cost
Total Noncash Contributions14$956,417-

Audited Revenue Reconciliation

Revenue per Audited Statements
$85,275,370
Revenue Not Reported on Financial Statements
$-190,072
Revenue Not Reported on Form 990
$-23,647,208
Other Revenue Adjustments
$-190,072
Total Revenue per Audited Statements
$61,628,162
Total Revenue per Form 990
$85,085,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$36,264,085
Salaries, Compensation, and Employee Benefits$26,725,580
Other Expenses$25,852,510
Total Fundraising Expense$1,755,118
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$36,264,085--$36,264,085
Other Salaries and Wages$13,843,243$2,484,266$5,003$16,332,512
Fees for Services Other$5,223,511$1,083,645$57,251$6,364,407
Depreciation Depletion$358,272$5,543,846-$5,902,118
Office Expenses$3,854,116$967,071$103,490$4,924,677
Other Employee Benefits$3,108,495$645,553$253,409$4,007,457
Current Officers, Directors, Trustees, and Key Employees$1,246,015$1,580,976$1,024,020$3,851,011
Occupancy$947,973$1,234,691-$2,182,664
Interest$1,476,609$275,095-$1,751,704
Advertising$1,091,750$169,995$15,716$1,277,461
Payroll Taxes$1,002,757$191,211$70,626$1,264,594
Pension Plan Contributions$993,147$169,992$81,867$1,245,006
Travel$1,041,378$61,263$91,833$1,194,474
Insurance$156,400$752,406-$908,806
All Other Expenses$200,296$80,952$9,937$291,185
Fees for Service Investment Mgmnt Fees$144,705$98,809-$243,514
Fees for Services Accounting-$129,343-$129,343
Fees for Services Legal-$98,119-$98,119
Comp Disqual Persons-$25,000-$25,000
Other Expenses$63,090$22,037$14,900$22,037
Total Functional Expenses$71,028,662$16,058,395$1,755,118$88,842,175

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$88,842,175
Total Expenses per Audited Statements$52,768,162
Expenses per Audited Statements$52,578,090
Expenses Not Reported on Financial Statements$36,264,085
Other Expense Adjustments$36,264,085
Expenses Not Reported on Form 990$190,072
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sharon TrachteWife of PresidentSee Part VNo$25,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income$3,862,592
Split-interest Agreements$3,326,893
Other Liabilities$3,266,298
Advance From Federal Government for Student Loans$584,808
Unamortized Bond Premium$391,787
Unamortized Bond Discount$-184,788

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALycoming County Authority2013-08-29$29,986,420SEE PART VI
BLycoming County Authority2019-04-26$6,405,362SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$29,986,420$8,556,170$250,000$30,926
B$6,405,362$6,277,255$2,275,000$128,107

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft public disclosure copy of the form 990 was provided to members of the audit committee of the board of trustees and reviewed by the audit committee at a meeting with baker tilly, the independent auditors of the college. Following that review, the public disclosure copy of form 990 was provided to each trustee of the college and was recommended for approval by the chairman of the audit committee to the board of trustees at its annual spring meeting prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The audit committee of the board periodically reviews the college's conflict of interest policy to ensure that it is comprehensive, clearly defines the term "conflict of interest", and contains procedures for adequately resolving and documenting potential conflicts. The policy requires annual signoff by the board of trustees, the president, and members of the president's administrative cabinet. Before the board or a committee of the board considers a proposed transaction/arrangement, any interested person must disclose the existence of the financial interest and disclose all material facts to the board or committee. The interested person will then leave the meeting while the board or committee determine and vote upon the conflict of interest. The board or committee may, if appropriate, consider alternatives to the proposed transaction/arrangement. The interested person would abstain from voting on the matter. All determinations and votes are documented in the minutes of the board of trustees or committee meetings. If anyone fails to disclose an actual or possible conflict of interest, the board will determine the appropriate disciplinary and corrective action up to removal from the board.

Form 990, Part VI, Section B, Line 15

The board of trustees sets the parameters for the overall salary pool for college employees as part of the annual budget cycle. The personnel committee of the board of trustees reviews and sets the salary and benefits for the president at their april meeting each year. The personnel committee also reviews and sets the salaries for the senior officers of the college. The personnel committee is provided with comparative data for the president and senior officers relative to similar institutions in mission, enrollment size, finances, etc. The board of trustees also receives a report of how faculty salaries and compensation compare at lycoming college relative to similar institutions. This review and approval process is documented via minutes of the personnel committee meetings. The president approves the salary for all other employees within the parameters set by the board, the college's salary grades for each position and various compensation surveys. The president receives comparative data for all mid-level and administrative employees from the same comparison group that is used by the personnel committee. The director of human resources provides comparative data for all positions to the president. Continuing faculty and staff salaries are approved by the president upon the recommendation of the corresponding senior officer and based on the college's evaluation and personnel policies.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Lycoming College
EIN
24-0795965
Phone
5703214000
Address
ONE COLLEGE PLACE, WILLIAMSPORT, PA 17701

Signing Officer

Name
Dawn Williams
Title
Controller
Phone
5703214000
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Williams
Formed
1947
Legal Domicile
Pa
Voting Board Members
32
Independent Board Members
31
Employees
1,083
Volunteers
37

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of split-interest agreements 526,739. Change in beneficial interest in perpetual trusts 16,547.

Financial Statement Notes

PART III, LINE 4:

The college archives maintain a collection of documents and photographs preserving the history of the college, as well as artifacts and unique items such as student and group scrapbooks, a collection of college postcards, departmental honors papers, and historical methods papers. These archival materials follow the history of the school from its earliest incarnation as the williamsport academy (1812-1848), through its years as williamsport dickinson seminary (1848-1928) and williamsport dickinson seminary and junior college (1928-1947) to lycoming college (1948-present). The purpose of the lycoming college archives is to collect inactive materials of many types that reflect upon our heritage through the history, development, and administration of lycoming college, and to strengthen the educational mission of the college by preserving and making available for research various materials of a unique nature that relate to the history of the institution. A fundamental purpose of the collection is to engage students actively in original research while reaching a reasonable compromise between use and preservation. The lycoming college art gallery enriches the cultural life on campus, in the williamsport community, and throughout the region. The exhibitions presented and the programs which accompany them (lectures, artist gallery talks, class visits, etc.) are intended to deepen the understanding of art, both historical and of our time, and to complement the college's visual arts curriculum and other interdisciplinary academic programs. The gallery also serves the art history and studio art curricular by providing an opportunity for object-centered learning, and the humanities curricular, through the presentation of unique cultural and historic works of art. We hope to challenge and stimulate our students and the public by exposing them to new ideas and encouraging them to think independently and creatively about their work and their world. The lycoming college art gallery is a wonderful resource for students and the williamsport community, a nice change of venue for faculty, a restful escape for staff, and a great place for everyone to bring friends and family, thereby increasing the visibility of lycoming college.

PART V, LINE 4:

The fund serves two goals: (a) to offset expenditures of the institution not covered by the normal operating funds and (b) to ensure that future growth is sufficient to offset inflation plus reasonable spending, thereby preserving the constant dollar value and purchasing power of the fund. This will be accomplished through a carefully planned and executed long-term investment program. The objective of the investment program is to enhance the fund's long-term viability by maximizing the value of the fund with a prudent level of risk. A successful investment program must be balanced by a restrained endowment spending policy.

PART X, LINE 2:

The college accounts for uncertainty in income taxes using a recognition threshold of more likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined that there were no tax uncertainties that met recognition threshold in fiscal year 2024 and 2023.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of split-interest agreements 526,739. Change in beneficial interest in perpetual trusts 16,547. Grants & scholarships -36,264,085.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Campus store expenses -190,072.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Campus store expenses 190,072.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grants & scholarships 36,264,085.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0LYCOMING COLLEGE IS A FOUR-YEAR LIBERAL ARTS BASED, CO-EDUCATIONAL, INDEPENDENT COLLEGE WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION. THE COLLEGE HAS A REGULAR FACULTY, A REGULARLY SCHEDULED CURRICULUM (CONSISTING OF FALL, SPRING, MAY AND SUMMER TERM), AND A REGULARLY ENROLLED STUDENT BODY IN ATTENDANCE AT ITS CAMPUS LOCATED IN WILLIAMSPORT, PENNSYLVANIA. THE COLLEGE'S AREAS OF CONCENTRATION INCLUDE BACHELOR OF ARTS DEGREES IN 32 MAJOR FIELDS AND BACHELOR OF SCIENCE DEGREES IN 5 MAJOR FIELDS. PROGRAM SERVICES OF THE COLLEGE INCLUDE THE COST OF INSTRUCTION, ACADEMIC SUPPORT, STUDENT SERVICES, INSTITUTIONAL SUPPORT, AND SCHOLARSHIPS. CONTINUED ON SCHEDULE OTHE COST OF INSTRUCTION INCLUDES EXPENSES CONTRIBUTING DIRECTLY TO THE PRESENTATION OF FORMAL INSTRUCTION FOR THE 37 AFOREMENTIONED MAJORS.ACADEMIC SUPPORT IS ALL EXPENSES RELATED TO THOSE AREAS OF THE COLLEGE SUCH AS THE COLLEGE LIBRARY, COMPUTER CENTER, ACADEMIC RESOURCE CENTER, THE INSTITUTION FOR MANAGEMENT STUDIES, AND CENTER FOR ACADEMIC EXPERIENCES. STUDENT SERVICES ARE ALL OF THE EXPENSES SPECIFICALLY RELATED TO PROVIDING "OUR CUSTOMER", THE STUDENT, WITH A COMPLETE COLLEGE EXPERIENCE. SUCH AREAS WOULD INCLUDE THE REGISTRAR, COMMUNITY SERVICES, HEALTH SERVICES, RECREATION CENTER, ATHLETICS, COUNSELING SERVICES, ADMISSIONS, FINANCIAL AID, RELIGIOUS ACTIVITIES, OFFICE OF STUDENT PROGRAMS, AND THE DEAN OF STUDENTS. INSTITUTIONAL SUPPORT INCLUDES ALL EXPENSES OF MAINTAINING THE CAMPUS FACILITIES AND PROVIDING FOR ITS EMPLOYEES, SUCH AS BUILDINGS AND GROUNDS, SECURITY, OFFICE OF THE PRESIDENT, BUSINESS OFFICE, HUMAN RESOURCES, MAIL SERVICES, COLLEGE RELATIONS, ETC.STUDENT FINANCIAL AID FROM INTERNAL SOURCES REPRESENTED APPROXIMATELY 77% OF GROSS TUITION AND FEE REVENUE. IN ADDITION TO SOURCES OF INTERNAL AND EXTERNAL FINANCIAL AID, AND THE LYCOMING GRANT PROGRAM (NEED-BASED), LYCOMING COLLEGE OFFERS NUMEROUS SCHOLARSHIPS TO ACADEMICALLY TALENTED STUDENTS. MOST ACADEMIC SCHOLARSHIPS ARE AUTOMATICALLY RENEWED IN THEIR ORIGINAL AMOUNT FOR THE FOLLOWING YEAR PROVIDED THE STUDENT MAINTAINS SATISFACTORY ACADEMIC PROGRESS AS DEFINED IN THE COLLEGE CATALOG. ENROLLMENT FOR THE 2023-2024 ACADEMIC YEAR WAS APPROXIMATELY 1,010 FULL-TIME EQUIVALENTS.
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