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Champlain College announced via an email from President Dave Finney on July 1st that all returning students would be required to be vaccinated against Covid 19, regardless of FDA approval.
If this monetary trend continues into the 2020-2021 school year, it would help to explain the shortcomings of some of the support systems Champlain had put in place, such as the 2 month wait period for counseling.
In 2019, Champlain College had $92,829,736 in total revenue, of which $14,723,250 went to supplies and services, which is about 15% of total revenue.
The Champlain student body (including both traditional and non-traditional) in 2019 was 4531 students, which means $3,249.45 was paid in Supplies and Services per student in 2019.
In 2019, St. Michael’s College had ~$72,662,000 in total revenue, of which ~$11,746,000 went to Supplies and Services, which was about 16% of the total revenue.
The St. Michael’s College’s student body was 1950 students, which means $6,023 was paid in supplies and services per student in 2019.
Despite the disparity of the size of the respective student bodies, the two colleges spend roughly the same amount of money on supplies and services. These figures do not take into account what students spend on books and other school supplies. That yearly average is around $1,300.
While the audit information for 2020-2021 is not yet available, it remains to be seen if the Covid 19 pandemic resulted in an increase in cost per student for supplies and services.
By Joseph Carter
Page updated
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