Central Arkansas venues have a full week of commemorative events planned
In the coming months the Board of Trustees will establish the parameters regarding Hill's new leadership roles with the Arkansas Baptist College Foundation and within the College. While specifics are yet to come, it is evident that Dr. Hill will continue working to enhance the financial stability of the College while also elevating the recruitment and retention efforts of the institution.
In December 2014, ABC refinanced 100% of its capital debt for 30 years at 2.68% interest rate resulting in a substantital savings for the College's operating budget which during Hill's tenure has increased from $2 million to as high as $21 million. Primarily, this increase was the result of record enrollment that soared from less than 200 students to nearly 1,200. Private fundraising efforts during President Hill's tenure are nearing $20 million. In May 2015, the College graduated the largest class (163) in its 131 year history.
With such growth, ABC has experienced significant milestones; however, the College has also navigated the challenges often associated in higher education, specifically financial challenges relating to Historical Black Colleges and Universities.
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