Hillsdale College

Filing Period

Jul 1, 2012 to Jun 30, 2013

Signed

Feb 14, 2014

Return Version

2012v2.0

Gross Receipts

$212,948,032

Major Activities

Activity 2

STUDENT SCHOLARSHIPS AND GRANTS - Hillsdale College follows its historic mission to provide "all persons who wish, irrespective of nation, color, or sex, a literary and scientific education," as it has since it was founded in 1844, independently, without the strings and entanglements that come with government subsidies. It is famous for its refusal to accept federal taxpayer funding, even in the form of federal student aid. In 1984, the Supreme Court handed down a decision in the case of "Grove City v. Bell" that threatened Hillsdale College's independence. The Court ruled that any educational institution with even one student who received federal aid would be considered an "indirect recipient institution" and thereby subject to federal regulations. Hillsdale's Board of Trustees acted swiftly and decisively to uphold the school's longstanding mission. They notified the Department of Education that Hillsdale College would not accept federal tuition assistance for its students, but would replace it with privately funded scholarships and grants. Hillsdale College is unique in this respect among American institutions of higher learning. In the fall of 1985, Hillsdale College's Student Independence Grant and Loan Fund was established. It continues to this day, assisting hundreds of deserving students each year who desire a rigorous classical liberal arts education. The net cost of replacing federal financial aid since 1985 exceeds $78 million. Over $18 million will be awarded in privately funded scholarships and grants during the 2013/2014 academic year. Over $5.5 million of this total is direct replacement of the federal and state grants, scholarships that Hillsdale students would receive at nearly every other college or university in the nation. Approximately 90 percent of Hillsdale students qualify for and receive financial assistance.

Activity 3

STUDENT SERVICES - An integral part of the Hillsdale College experience is our student service area. The first encounter is with our Admissions Office which had a 19% increase in applicants from the previous year and each year the competition for admission to Hillsdale is increasing. As the result Hillsdale is able to be more selective in their acceptance of students. Our fall 2012 freshman class of 387 students joined a current student body (total enrollment 1450) representing 47 states and 8 foreign countries. Further, an average ACT composite score of 29 and 1980 on the SAT is indicative of the high quality of student Hillsdale is recruiting. Hillsdale is not just about life in the classroom. Because preparation for leadership is one of Hillsdale's primary goals, some of the most important lessons can be learned outside the classroom. Whether it is athletics, student government, volunteer opportunities, Greek life or the fine and performing arts, students are involved in a variety of co-curricular activities. The GOAL (Great Opportunities for Assistance and Leadership) program is Hillsdale's primary volunteer program. Through it, our students dedicated over 20,000 hours of service in the local community and surrounding region during the past year. Activities include tutoring, mentoring, basic living assistance and simple companionship. Nearly one-third of Hillsdale's student body is involved in one of our seven national fraternities and sororities. These Greek chapters encourage philanthropic activities, develop leadership skills and provide a special opportunity to form lifelong friendships. Hillsdale's placement record for graduating seniors has averaged 96.3 percent over the past three years with the most recent class (spring 2013) having a 98% placement rate within six months of graduation including 23% attending graduate or professional school.

Filer

EIN

38-1374230