Strategic Education Inc. to raise $191.5M through public stock offering
Herndon-based education company Strategic Education Inc. announced Thursday that it plans to raise $191.5 million through a public stock offering. The company, through Aug. 10, will offer for sale 1.9 million shares of its common stock at a public offering price of $105 per share. Strategic Education intends to use some of the proceeds to […]
Ferrum College receives $100K gift
Ferrum College alumnus Michael Christian donated $100,000 to his alma mater, which will establish the Michael T. Christian ’63 Center for First-Year Experience at the school. The center — intended to connect incoming first-year students to professors, mentors and classmates — will be located in the college’s libr[...]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
Hampden-Sydney College receives $6M gift
Hampden-Sydney College has received its second-largest gift in its 245-year history — a $6 million gift from Rob (an alum) and Cindy Citrone to support the college’s experiential learning program Compass. “Rob and Cindy have long been devoted champions of the college’s mission and our efforts to strengthen the experience we offer young men,” President […]
Former Liberty football coach and player return as executive VPs
Liberty University announced Tuesday its former football coach, Turner Gill, and Liberty alumnus and former NFL player Kelvin Edwards will join its executive team in positions focusing on diversity and inclusion, as the Lynchburg institution has come under fire for what some former Black employees and students call a hostile env[...]
VCU names VP for strategy, enrollment management, student success
Virginia Commonwealth University announced Monday that Tomikia LeGrande has been promoted as vice president for strategy, enrollment management and student success, effective Aug. 1. LeGrande had most recently been the vice provost for strategic enrollment management at VCU since 2018. In her new role, she will lead strategic pr[...]
Tech talent factory
Lance R. Collins was hired to lead Virginia Tech’s $1 billion Innovation Campus in one world, but he begins work Aug. 1 in another. But the Innovation Campus’ new vice president and executive director sees the disruption fueled by the pandemic and recession as only sharpening the mission of Tech’s initiative to[...]
Pandemic delays Virginia Business College opening
The new Virginia Business College in Bristol won’t open as planned for its first semester this August due to the coronavirus crisis. VBC President Gene Couch issued a statement June 25 announcing the nonprofit private college’s plans to “defer the initial [academic] offerings until a later date” due to the pandem[...]
Radford faces budget cuts, tough decisions
Due to the pandemic, Radford University is faced with an unprecedented strain on its budget, which is likely to cause faculty and staff layoffs. Because of state budget cuts, the university is faced with an $8.1 million decrease in funding over the next two fiscal years. And at the same time, Radford administrators predict the [[...]
Strategic Education buys Aussie, NZ universities for $642.7M
Herndon-based education company Strategic Education Inc. announced Wednesday it will acquire Laureate Education’s Australia and New Zealand academic operations for $642.7 million in cash. The acquisition will allow Strategic Education to expand outside of its U.S. operations, which currently includes online Capella University and Strayer University, as well as coding schools DevMountain, Generation Code, Hackbright […][...]
Virginia’s Gateway Region, Community College Workforce Alliance hire workforce development director
Virginia’s Gateway Region (VGR) and the Community College Workforce Alliance (CCWA) announced Monday that Michelle Rogers has been hired for the new joint position of director of workforce development, effective July 6. This is the first time that a regional economic development organization and a community college have pa[...]
Mary Washington renames academic hall for civil rights leader James Farmer
The University of Mary Washington Board of Visitors voted Friday to change the name of an academic building to James Farmer Hall, after James L. Farmer Jr., the civil rights activist who planned the first Freedom Riders protest in 1961 through the South, desegregating buses and encountering violence. Farmer, a native of Texas who lived […]