The College of Business Administration is continuously evolving to meet the needs of our ever-growing student population. In the 2013 fall semester, the college experienced an 80 percent retention rate and an impressive 4.2% growth rate compared to the prior year.
The success of our college is driven by the achievements of our faculty and students who have been recognized this year for their leadership, academic achievements and dedication. This year the College of Business Administration awarded 178 scholarships to current and prospective students thanks to donations made by alumni. The scholarships amounted to more than $330,000. We are very proud of the accomplishments of our faculty and students, but also look forward to what the future will bring.
The College of Business Administration recently launched a chapter of the Northeast Ohio Student Venture Fund, which helps fund student start-ups. And, in the next year, we will further develop our Career Services Office, currently the only college on campus to have its own satellite office.
Kent State University received an Ohio Means Internships and Co-ops Grant from the Ohio Board of Regents for the second year. Approximately $173,000 of the monies received will go to the College of Business Administration. These funds will be used to support a salary match program through our Career Services Office and expand the office's infrastructure, including hiring a career education advisor to prepare our students for employment and internships.
It has been an outstanding year within the college and I am confident that these successes will continue.
From Kent. The World.