Financial Exigency

Appointments can also be terminated by the College on account of extraordinary financial emergencies after a notice of not less than twelve months to the faculty member.

In the reordering of College programs, income and expenditures, any major change in a curricular requirement, academic program, or academic unit will only be made after taking into account educational considerations, both pro and con, giving special attention to the implications of the change for the mission of the College. The preeminence given to educational considerations does not, however, make enrollment and financial considerations irrelevant. Continuing unchanged a requirement, program, or department, the cost of which has become excessive relative to the educational priorities and financial resources of the institution, has adverse consequences for staffing and funding the rest of the College’s academic program.

The initial recommendation to make a major change such as those described above shall be made, upon consultation with the relevant Division/Department Chairs, Deans, or Library Director by the VPAA, as well as the Faculty Senate together with the Division Chairs, after due consideration of the relevant facts and issues. This recommendation(s) will then be forwarded to the faculty for its response and recommendation. The faculty’s response and recommendation will then be submitted through the VPAA to the President. Any change in general degree requirements must be approved by the voting members of the General Faculty.

A decision to discontinue an academic program cannot become effective at any time other than the end of an academic year.