The Beloit Companion / Short Guides for Families

THE VALUE ISSUE

THE VALUE
OF A BELOIT
EDUCATION

Introduction

LET’S TALK
ABOUT MONEY

A college education isn’t a product. It’s an investment that makes an immediate impact and has lasting rewards. It has a cost, but the cost is often lowered with the help of financial aid. In this issue of the Beloit Companion, we’ll talk about money—and about value.

Facts

90%+ students receive grants and scholarships

$27,000+ average award

93% of a typical graduating class is employed or enrolled in graduate school within six months of graduation

Value is about

CREATING OPPORTUNITY

Beloit is adaptive, agile, and responsive to the needs of students and the demands of the wider world. One example: At the onset of the pandemic, we looked ahead and made major changes. We continue to deliver an education that works for our students—and for the world.

“We’ll find a way”

An interview with Eric Boynton, Provost and Dean of the College

What defines Beloit, and you as a leader?

Honestly—this community doesn’t get overwhelmed by a challenge. We look for opportunities. When we were confronted with the pandemic, our first response was: This is a completely new situation. We have to think in completely new ways. Let’s be creative, let’s be compassionate—and let’s be bold.

What does that kind of bold action look like?

By early April 2020, we developed the Beloit Action Plan, which continues to evolve to  this day. The Plan includes two programs—the Advanced Mentoring Program and Career Channels—that give students enhanced  academic support and professional guidance from day one. 

How do you view the value of a college education?

The world is in crisis. A liberal arts education—our liberal arts education—is one way to address that crisis. We’re in the business of creating human potential. Our graduates have the skills, the audacity, and frankly, the kindness to create a better future. You’ve got a challenge? We’ll find a way.

Hear an interview with Eric on Marketplace Morning Report.

Value is about

Relationships

Every college experience—from research to internships to clubs and sports—is grounded in relationships. Within 72 hours of students enrolling at Beloit, we assign them an advisor they can connect with right away. It’s just one of many relationships that will nurture and inspire students at Beloit—and beyond.

Value is about a complete

academic experience

A college education should be a complete academic experience. We offer intensive classes, accomplished faculty, a brilliantly diverse student community—and opportunities for research, study abroad, internships, service, and more. Plus mentors who help students turn all of those activities into a coherent plan for their semester, their year, and their future.

A short list of academic opportunities

  • Presenting at Beloit & Beyond, a campus-wide celebration of academic research.
  • Working with a local nonprofit through the Duffy Community Partnerships as part of an advanced sociology elective.
  • Joining a research team led by a faculty member in our state-of-the-art Sanger Center for the Sciences.
  • Serving on the editorial board of the nationally distributed Beloit Fiction Journal as part of an English elective.
  • Launching a business through our Center for Entrepreneurship in Liberal Education at Beloit (CELEB), which is also a great place to produce a video, mount an art exhibit, or join an investment foundation.
  • Learning a year’s worth of Chinese, Japanese, Portuguese, or Russian in seven weeks through our Center for Language Studies.
  • Conducting research (or interning) at one of our campus museums: the Wright Museum of Art and the Logan Museum of Anthropology.
  • Choreographing a performance at the stunning Hendricks Center for the Arts.
  • Attending a workshop led by a leading thinker who has come to campus in one of our endowed residencies—in human rights, economics, creative writing, philosophy, visual and performing arts, and the politics of wealth and well-being.
  • Studying (or interning, or conducting research, or doing community service) abroad through one of 100 Beloit-approved programs in one of 60 countries.
  • Working with an advisor in Career Works to discover more internship and job opportunities!
Value is about

Building A Future

Career Channels is one of the many ways we invest in our students. The program welcomes students into a professional community, broadens their vision of the future, and makes tangible connections between campus and career. Current Channels include Arts, Business & Entrepreneurship, Curating & Communicating, Health & Healing, Justice & Rights, Sports, Fitness, and Recreation, Sustainability, and Worldbuilding.

How Career Channels Work

When students join a Career Channel, they find mentors, courses, internships, field experiences, and more—all within their field of interest.

If they join the Business and Entrepreneurship Career Channel, for example, here’s a sample of what happens:

They’re connected to campus activities, such as Belmark Associates, a student-run consulting firm specializing in market research; the MakerLab, a DIY space for creators and entrepreneurs; and the Miller Upton Program, a weeklong residency by a public intellectual studying wealth and the well-being of nations.

They’re connected to campus mentors, such as Brian Morello, the director of our Center for Entrepreneurship in Liberal Education at Beloit (CELEB); Diep Phan, an associate professor of economics with a background in global enterprise; and George Williams, a working artist who teaches courses that combine entrepreneurship and art.

They’re connected to job opportunities on campus (station manager of the student radio station, program coordinator at CELEB) and internship opportunities off-campus (like finance at Regal Beloit, marketing at Rockford Rivets, human resources at Kemper Corporation).

Value is about

Possibility

College is a two-way investment. Families and students invest in Beloit; we invest in students and families. Our financial aid program is designed to support families with financial need, make Beloit accessible to every qualified student, and ensure that students graduate from Beloit with few financial burdens and unlimited opportunities.

“This is a partnership”

An interview with Leslie Davidson, Vice President for Enrollment

What’s the most important thing for families to understand about the cost of college?

We tailor financial aid to each student’s circumstances. So the price you see on the website is rarely what you’ll end up paying. In other words: We can do this!

What stands out about Beloit’s approach to financial aid?

We’re agile and responsive. In the spring of 2020, we quickly launched programs to address the immediate financial strain families were experiencing due to COVID. In any year, we consider appeals from students asking us to reconsider their packages in light of new information or changing circumstances. 

How do families know if they should apply for aid?

Unless you know you can fund four years of college, you should apply. That way, we can work with you to make Beloit possible. This process is a partnership. We’re here to help.