{"id":7945,"date":"2006-03-27T17:44:09","date_gmt":"2006-03-27T22:44:09","guid":{"rendered":"http:\/\/blogs.covchurch.org\/newswire\/?p=7945"},"modified":"2011-07-06T08:30:43","modified_gmt":"2011-07-06T13:30:43","slug":"cbc-moves-to-close-300000-budget-gap","status":"publish","type":"post","link":"http:\/\/blogs.covchurch.org\/newswire\/2006\/03\/27\/cbc-moves-to-close-300000-budget-gap\/","title":{"rendered":"CBC Moves to Close $300,000 Budget Gap"},"content":{"rendered":"<p>STRATHMORE, AB (March 27, 2006)  &#8211; Covenant Bible College (CBC) has initiated  additional expense reductions to address a remaining budget deficit of  approximately $300,000, largely the result of enrollment that dropped 25  percent over the last year, says Paul Lessard, executive vice president.<!--more--><\/p>\n<p>The cuts include severing the college&#8217;s financial relationship with the  Worship Center in Windsor, Colorado, trimming staff, and keeping next  year&#8217;s budgeted spending at current levels with no increases. The cuts  were announced in a letter to constituents two weeks ago. CBC, with  three campuses in Canada, Colorado and Ecuador, operates under a unified  budget.<\/p>\n<p>Enrollment had been slowly declining, Lessard says, but 40 fewer  students elected to attend the school this year, resulting in a class  size of 123 and an initial projected deficit of $476,000. &#8220;In immediate  response, budget cuts were made wherever possible throughout CBC &#8211;  excepting personnel,&#8221; Lessard says, which resulted in lowering this  year&#8217;s projected operating deficit to $300,000.<\/p>\n<p>Lessard says school officials hoped that increased recruiting efforts  would turn around the decline, but projections continued to show a drop  for the coming year. That necessitated the latest actions.<\/p>\n<p>&#8220;The Worship Center was released and not closed by CBC,&#8221; Lessard says,  noting that the college is willing to continue offering facilities if  that is what the center desires. Both institutions are pursuing what  they term &#8220;a discernment process.&#8221;<\/p>\n<p>The Windsor campus opened in 1998 and has provided funding, facilities  and financial oversight for the Worship Center, which opened in 1999.  The current relationship will cease June 1.<\/p>\n<p>The two institutions generally have served different student bodies and  have had different missions, says the center&#8217;s director, Katie Martinez.  &#8220;It was a really mission-focused decision.&#8221;<\/p>\n<p>CBC is a one-year discipleship training program. Most CBC students  complete the one-year program before entering a traditional four-year  undergraduate program, while some transfer to CBC after attending at  least a year at a four-year school.<\/p>\n<p>The Worship Center trains worship leaders for local church staff  ministry. &#8220;Most of our students are graduate students,&#8221; Martinez says.<\/p>\n<p>New opportunities also exist for the Worship Center, say Lessard and  Martinez. Lessard founded the Worship Center and believes the days ahead  are promising. &#8220;There&#8217;s a sense of loss, but it&#8217;s like a teen leaving  the house.&#8221; He adds, &#8220;I&#8217;m really excited about the direction that Katie  is taking (the center).&#8221;<\/p>\n<p>Martinez says she hopes the school can work even more closely with  churches and donors to provide financial support.<\/p>\n<p>The college will reduce faculty beginning in the fall. The CBC-Colorado  faculty will move from four full-time equivalents to three. The faculty  at CBC-Canada will be reduced by one full-time position.<\/p>\n<p>Declining enrollment has been due to a number of factors, Lessard says.  The increasing cost of attending a four-year college has been a major  consideration. As that cost rises, families have been more reluctant to  pay for a year of Bible college.<\/p>\n<p>Attending CBC for one year costs about the same as attending a public  university, Lessard says. Unlike state schools, however, students in the  United States are unable to get student loans to cover schools like CBC,  while students in Canada are eligible.<\/p>\n<p>Enrollment at Bible colleges across the country has been either flat or  in decline for several years, Lessard says. &#8220;Students are increasingly  focused on degrees that will lead to employment. That&#8217;s a very  demonstrable trend across the country.&#8221;<\/p>\n<p>As Bible colleges struggle to attract students, the number of full-time  university students in Canada has risen 23 percent over the last four  years, Lessard says. Universities in the United States have experienced  an enrollment increase of 13 percent over the past five years.<\/p>\n<p>Lessard says he understands the financial pressures on families, but  adds that the discipleship training the students receive will last a  lifetime and help them weather the many life changes they will undergo,  including the choice of colleges and majors. &#8220;The major myth is that  students go to one school,&#8221; Lessard says. Many students, however, attend  more than one. &#8220;The average student changes majors five times and goes  to three (four-year) schools,&#8221; he notes.<\/p>\n<p>Lessard says students who attend CBC tend to stay at the college they  later attend because they have had more time to work through issues  common to the college age group. &#8220;We&#8217;re providing the perfect venue for  students to ask those questions.&#8221;<\/p>\n<p><span style=\"color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif\"> <\/span><\/p>\n<p>Copyright \u00a9 2011 The Evangelical Covenant Church.<\/p>\n<p class=\"wp-report-this\"><a href=\"http:\/\/blogs.covchurch.org\/newswire?moderation_action=report_form&#038;object_type=post&#038;object_id=7945&#038;width=250&#038;height=300\" class=\"thickbox\" title=\"Report This Post\">Report This Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>STRATHMORE, AB (March 27, 2006) &#8211; Covenant Bible College (CBC) has initiated additional expense reductions to address a remaining budget deficit of approximately $300,000, largely the result of enrollment that dropped 25 percent over the last year, says Paul Lessard, executive vice president. Report This Post<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7945","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBC Moves to Close $300,000 Budget Gap - Covenant Newswire Archives<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.covchurch.org\/newswire\/2006\/03\/27\/cbc-moves-to-close-300000-budget-gap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBC Moves to Close $300,000 Budget Gap - Covenant Newswire Archives\" \/>\n<meta property=\"og:description\" content=\"STRATHMORE, AB (March 27, 2006) &#8211; Covenant Bible College (CBC) has initiated additional expense reductions to address a remaining budget deficit of approximately $300,000, largely the result of enrollment that dropped 25 percent over the last year, says Paul Lessard, executive vice president. 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