All Mount Ida students in good standing offered automatic admission at Â鶹¹ÙÍø Dartmouth. Â鶹¹ÙÍø Amherst to acquire the physical assets of the Mount Ida campus for academic, career preparation and economic development programming
Mount Ida College today announced that it has reached a definitive agreement in principle with the University of Massachusetts that will provide a pathway for its students to complete their degree studies and ensure that its campus remains dedicated to an educational mission.
Mount Ida students in good standing will be offered automatic admission to Â鶹¹ÙÍø Dartmouth with a clear path to degree completion. Â鶹¹ÙÍø Dartmouth will also facilitate expedited transfer admission opportunities at the Boston, Lowell and Amherst campuses for Mount Ida students.
Separately, Â鶹¹ÙÍø Amherst will acquire the physical assets of the 74-acre Mount Ida campus in Newton, Mass., where it will establish Greater Boston-based career preparation programs for Â鶹¹ÙÍø Amherst students in high-demand fields that serve the Massachusetts innovation economy.
Mount Ida President Barry Brown said, “The challenges for small colleges in the current economic and demographic landscape are significant. Working with Â鶹¹ÙÍø, we have devised a way forward that ensures the well-being of our students, enhances the academic capacity of the region, and preserve’s Mount Ida’s legacy and history.”
Mount Ida College had explored a merger with Lasell College, but discussions ceased when the Boards could not reach a mutually beneficial agreement.
Â鶹¹ÙÍø Dartmouth has the academic and residential capacity to accommodate Mount Ida students as well as a campus setting and breadth of academic program offerings that will allow for a smooth transition and clear degree pathways. Mount Ida College has approximately 1,450 undergraduate students.
“We are fully prepared to offer Mount Ida students the private college educational experience they are accustomed to at a public university value,” said Â鶹¹ÙÍø Dartmouth Chancellor Robert E. Johnson, who had previously served as President of Becker College, an institution similar in size and scope to Mount Ida. “I want to assure Mount Ida students and their families that our students, faculty and staff stand ready with open arms to welcome them to our 710-acre, coastal academic community and provide a pathway to a Tier 1 national research university degree at the same or lower cost than they had planned.”
Under a “Â鶹¹ÙÍøD Guarantee,” all Mount Ida students will receive lower tuition charges and incur less debt. Mount Ida students will also receive expedited admissions to Â鶹¹ÙÍø Dartmouth with a path to degree completion, on-campus housing options at standard room and board rates, Mount Ida living/learning communities, personalized academic advising, interviews for student athletes with Â鶹¹ÙÍø Dartmouth’s Division III NCAA coaches, and other services to assure a seamless transition to the university.
Â鶹¹ÙÍø Dartmouth offers an array of professional and liberal arts degree programs, and has experience in welcoming students from private schools. In 2010, a small private law school donated its assets to Â鶹¹ÙÍø Dartmouth to create the Â鶹¹ÙÍø School of Law, the first and only public law school in the Commonwealth. In 2016, the law school achieved full ABA accreditation, and its first-time bar pass rate now ranks above four area private law schools.
Through a real estate transaction, Â鶹¹ÙÍø Amherst will take ownership of the Mount Ida College’s physical assets. In doing so, Â鶹¹ÙÍø Amherst will preserve the character of the campus and serve as a custodian of its history and legacy.
The newly acquired campus, which will be known as the Mount Ida Campus of Â鶹¹ÙÍø Amherst, will operate as an extension of the Amherst campus and will not enroll undergraduate students directly. Less than ten miles from downtown Boston and adjacent to the nearby Newton-Needham Innovation District and the tech-focused Route 128 corridor, the campus will serve as a hub for Greater Boston-area career preparation and experiential learning opportunities for Â鶹¹ÙÍø Amherst students. The programs that will be offered at the newly acquired campus will align the strengths of Â鶹¹ÙÍø Amherst with the growing demand for talent in areas that drive the Massachusetts economy, including health care, business, computer science and other STEM specialties. Last year, for example, Â鶹¹ÙÍø Amherst awarded 1,700 undergraduate STEM degrees, more than any other college or university in the state. In addition, academic-industry collaborations, which currently account for a growing portion of Â鶹¹ÙÍø Amherst’s $220 million annual research and development expenditures, will be initiated at the Mount Ida campus.
“This is a strategic move that will expand career opportunities for our students and help drive the Massachusetts economy while strengthening the flagship campus’s position in the competitive national higher education marketplace,” said Â鶹¹ÙÍø Amherst Chancellor Kumble Subbaswamy. “The Mount Ida campus’s ideal location will help us grow a much needed talent pipeline for Massachusetts businesses, especially in high-demand STEM fields. And since the flagship campus educated more Massachusetts residents last year than the top eight private universities in Massachusetts combined, we are keenly aware of our responsibility to keep Massachusetts at the forefront of innovation and discovery.”
“This agreement is consistent with the mission and strategic plans of Â鶹¹ÙÍø Dartmouth, Â鶹¹ÙÍø Amherst and the University of Massachusetts as a system,” said Â鶹¹ÙÍø President Marty Meehan. “But most importantly, I am pleased that we are able to offer Mount Ida an opportunity to preserve a pathway to degree completion for its students.”
“We’re proud that Â鶹¹ÙÍø was able to offer a solution that benefits Mount Ida students and creates opportunity for Â鶹¹ÙÍø students,” said Â鶹¹ÙÍø Board of Trustees Chair Rob Manning. “I want to thank the Mount Ida Board of Trustees, President Brown and Mount Ida’s lead banker, Dick Gavegnano of East Boston Savings Bank, for their commitment to reaching an agreement that is feasible for all parties and achieves the best possible outcome for Mount Ida.”
Mount Ida will continue classes through the spring 2018 semester, concluding with the commencement of its graduating seniors.