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Faculty Senate discusses consequences of tight budget, graduate student affordability

In the Thursday’s Faculty Senate, Provost Persis Drell summarized the financial position of the University’s endowment and a controversial recent decision to turn down a request from the campus publishing house, Stanford University Press, for additional funds. The Senate later deliberated over the state of graduate student education and affordability.

Faculty Senate talks poor economic outlook, passes bill supporting need-blind international admissions

Expecting still-rising costs and poor endowment performance, Drell spoke of “cost cutting” in response to low expectations for the University’s financial prospects. The Senate also unanimously passed a resolution expressing support for need-blind admission and need-based financial aid for international undergraduate students.