Embody fiscal and operational discipline, Strategic Plan | Earlham College Skip to Content

Like many institutions of higher education, Earlham College has historically taken an incremental approach to budgeting. The campus culture has valued flexibility and independence and has not focused as much on "best practices" and more standard operating procedures and controls. The strategies included in Pillar #6 of the Earlham Strategic Plan are designed to reduce the College's overall operating cost structure and leverage available opportunities to generate additional revenues with limited investment. A means by which to accomplish these objectives is found in the core strategies, rationale and methodologies listed in this Pillar.

Core strategies for Pillar #6 are as follows:

  1. "Right-size" and "right-price" Earlham administrative functions, and compensation and fringe benefits for all
  2. Optimize utilization and pricing of existing Earlham facilities – classrooms, dorms, etc.
  3. Establish and enforce tighter standards and processes around budgets and spending
  4. Reduce spending on purchased goods and services via centralized and consortial purchasing, insourcing, vendor consolidation, and increased student employment
  5. Implement an integrated package of initiatives to reduce energy costs
  6. Leverage training and technology to streamline administrative processes
  7. Increase non-tuition revenue sources
  8. Re-scope or phase out unprofitable programs and activities

Earlham College, an independent, residential college, aspires to provide the highest-quality undergraduate education in the liberal arts, including the sciences, shaped by the distinctive perspectives of the Religious Society of Friends (Quakers).

Earlham College
801 National Road West
Richmond, Indiana
47374-4095
1-765-983-1200 — Main Switchboard
1-800-EARLHAM (327-5426) — Admission


NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS

Earlham admits students of any race, color, national and ethnic origin, age, gender and sexual orientation to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin, age, gender and sexual orientation in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.