Campus CFO

Facing declining enrollment and regulatory scrutiny, the University of Phoenix has targeted community college students as a safe and profitable investment. And some community college administrators, eager to offer their students more opportunities to earn a bachelor’s degree, are embracing the school’s overtures.

A new version of the income-based federal student loan repayment program that's more favorable to many borrowers will go into effect starting Dec. 21, according to regulations scheduled for publication Friday.

In what will be the largest donation it has ever received, the University of the Fraser Valley (British Columbia, Canada) will take ownership in early 2013 of the former BMO Bank of Montreal branch building at historic Five Corners in downtown Chilliwack. The university will renovate and refurbish the facility to create UFV Plaza, a downtown education centre with a focus on programming related to business development and training.

Indiana University President Michael A. McRobbie has presented the President's Medal for Excellence to Neil Theobald, IU's chief financial officer, who will become the next president of Temple University in Philadelphia on Jan. 1. The President's Medal is the highest honor an IU president can bestow. Theobald, who joined IU in 1993 as an associate professor of educational finance in the School of Education, has served as chief financial officer since July 2007 and was named senior vice president in October 2011.

Indiana University Treasurer Mary Frances McCourt has been appointed interim vice president and CFO to succeed Neil Theobald, who is leaving IU at the end of the year to become president of Temple University. McCourt will take over the position beginning Jan. 1 as long as the IU Board of Trustees approves the appointment at its business meeting Friday.

Dr. Cynthia Warrick, interim president of South Carolina State University, has appointed Michael Hubbard as associate vice president for Institutional Advancement. Hubbard comes from the Oak Ridge Institute for Science and Education (Oak Ridge, Tenn.), where he was previously group manager.

The Florida State College at Jacksonville board has agreed to offer the interim president position to former state College System Chancellor Willis Holcombe. Holcombe was one of 17 candidates considered to take the temporary job. Outgoing President Steve Wallace's term ends Dec. 31.

The role of the Financial Aid Officer is to ensure that the students are properly funded, packaged, and prepared to start each semester.

This position is a 30-hour work week (Monday through Thursday) and could transition into a permanent role if it is the right fit for both the organization and the employee.