Latest news with #MimRuney
Yahoo
06-05-2025
- Business
- Yahoo
JWU laying off 91 employees to address $34 million budget deficit
PROVIDENCE, R.I. (WPRI) — Johnson & Wales University (JWU) is laying off dozens of employees as it works to overcome 'serious financial challenges.' In a letter sent to faculty and staff Tuesday, JWU Chancellor Mim Runey explained that 91 positions will be eliminated and those impacted will be notified over the next few days. The layoffs impact both of JWU's campuses, which are located in Providence and Charlotte, North Carolina. Runey said the overall reduction in workforce is necessary to address JWU's $34 million budget deficit. She believes the layoffs will align JWU's operational size with that of the current student population. 'We simply cannot afford to be the size that we once were, and we believe this reduction will allow us to close the financial deficit and to move forward with a balanced budget,' Runey wrote. 'Without changes to the core way the university operates, the deficit could continue to grow, creating an operational imbalance that would be very difficult to reverse.' 'Changes made now will mitigate the potential for a larger more severe impact in the future,' she added. SEE ALSO: JWU expands eligibility for free tuition initiative Runey noted that JWU has 'taken intentional actions to address budget concerns while also investing in new endeavors' over the last decade, including shuttering two of its campuses, selling underutilized real estate assets, consolidating programs, restructuring upper leadership, closing low-enrolled programs, eliminating open positions and streamlining university operations. 'This work has accelerated in recent years to stem the tide of mounting external factors,' Runey said. 'Revenue from the sale of former campus buildings has helped to bolster the endowment, reduce overall debt, and cover deficits in the past three year's budgets.' JWU's one-time cash reserves are 'now nearly depleted,' according to Runey, meaning the university has no other choice but to shrink its workforce, which she explained is its largest operating expense. 'We are at the beginning of a new journey, forged out of a moment of crisis,' Runey said. 'We are seeing reasons for optimism in our current strategic direction, but the stark reality is that Johnson & Wales University must endure a rapid evolution into a different way of working.' Download the WPRI 12 and Pinpoint Weather 12 apps to get breaking news and weather alerts. Watch 12 News Now on or with the new 12+ smart TV app. Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily Roundup Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to
Boston Globe
24-04-2025
- Business
- Boston Globe
Johnson & Wales University expands free tuition offer to select students in four states, including all of New England
The program, which takes hold this fall, was Students must also meet certain criteria: They must have a high school GPA of at least 3.2, complete and file the Free Application for Federal Student Aid, and opt to live on campus. Those seeking full tuition coverage must also be eligible for Get Rhode Map A weekday briefing from veteran Rhode Island reporters, focused on the things that matter most in the Ocean State. Enter Email Sign Up Related : Advertisement On Wednesday, school officials announced students in four additional states are now eligible, too, noting 'there has been great interest from prospective students and their families' since the initial January launch. 'At Johnson & Wales, we are creating pathways to make higher education more affordable, accessible, and attainable for students of all means and backgrounds,' Chancellor Mim Runey said in a statement. 'This new initiative, combined with our recently launched Advertisement The initiative covers only the cost of tuition. It does not include books, supplies, lab fees, and other expenses, such as room and board, Meredith Twombly, vice president of enrollment management, told the Globe in January. Still, a free education at the university could be a yearly savings of $41,872, According to the university's Last year, Johnson & Wales announced undergraduates will also be able to That initiative will allow students to receive degrees in computer science, criminal justice, graphic design, and hospitality management after attaining only 90 to 96 credits, instead of the typical 120-credit requirement. Material from previous Globe stories was used in this report. Christopher Gavin can be reached at
Yahoo
24-04-2025
- General
- Yahoo
JWU expands eligibility for free tuition initiative
PROVIDENCE, R.I. (WPRI) — Johnson & Wales University (JWU) has expanded its new initiative that offers free tuition to eligible undergraduate students. The JWU Pledge was initially only available to qualifying Rhode Island, North Carolina, Connecticut and Massachusetts students. But it is now also open to students from Vermont, New Hampshire, Maine and South Carolina. The scholarship, which goes into effect this fall, covers up to 100% of tuition for students and families with an annual household income of less than $80,000. The initiative will cover at least 60% of tuition for students with a household income that's below $200,000. JWU Chancellor Mim Runey said there has been 'great interest' from prospective students since the scholarship was first announced back in January. Runey said JWU is committed to 'creating pathways to make higher education more affordable, accessible and attainable for students of all means and backgrounds.' To be eligible for the JWU Pledge, students must: Be a resident of Rhode Island, North Carolina, South Carolina, Connecticut, Massachusetts, Vermont, New Hampshire or Maine Have a high school GPA of 3.2 or higher Complete and file the Free Application for Federal Student Aid (FAFSA) and requisite forms Live on campus Be eligible for a Pell Grant (for those seeking 100% tuition coverage) The JWU Pledge covers tuition only, meaning it does not include lab fees, supplies, books or room and meal plans. Though current students are not eligible to receive the scholarship, JWU explained that it has increased need-based aid significantly over the past few years. LEARN MORE: The JWU Pledge Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-02-2025
- Politics
- Yahoo
Community Focus: RI Gov. Dan McKee
EAST PROVIDENCE, R.I. (WPRI) — Gov. Dan McKee joined 12 News at 4 to talk about the Washington Bridge grants, Hasbro headquarters, Providence schools, and Focus: RI Gov. Dan McKee February 13, 2025 Community Focus: JWU Chancellor Mim Runey February 12, 2025 Community Focus: New Bedford Mayor Jon Mitchell February 12, 2025 Community Focus: RI Commission for Human Rights February 7, 2025 Community Focus: Judge Frank Caprio February 6, 2025 Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-02-2025
- General
- Yahoo
Community Focus: JWU Chancellor Mim Runey
EAST PROVIDENCE, R.I. (WPRI) — Johnson & Wales University is joining Rhode Island College and the Community College of Rhode Island as one of the local colleges offering free tuition to qualifying undergraduate students. JWU Chancellor Mim Runey joined 12 News at 4 to share information about The JWU Pledge, the University's new scholarship for students entering in the fall of 2025. To learn more about eligibility for The JWU Pledge, visit the university's Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
