ASU Vice President for Fiscal Affairs Larry Wakefield tells the Albany Rotary Club Thursday that despite state budget cuts, the university still pumped $137 million into the local economy last year.
ALBANY, Ga. — Albany State University Vice President for Fiscal Affairs Larry Wakefield told the Albany Rotary Club Thursday that the school was still growing despite state cutbacks and a sluggish economy.
“We’ve had a good year. We’ve opened two new dormitories and a new student center,” Wakefield said. “Our enrollment did not grow that much, but that’s not a surprise due to cuts in the HOPE scholarship.
“We’ve managed budget cuts without having to layoff anybody. We hope that continues into the future. Still, we had a $137 million impact on the local economy last year.”
As Albany State celebrates its homecoming week, Wakefield says President Everette Freeman’s eye is cast firmly toward the future.
The school is planning to build a pedestrian bridge across Radium Springs Road, looking into attracting more non-traditional students by offering testing out of classes, and ramping up its Advanced Logistics Management degrees.
ASU has also partnered with Straighter Line, an online provider which offers a new way to complete required college courses online for less money than traditional college classes.
“This is just another way we are trying to attract non-traditional students to Albany State,” Wakefield said.