ADMINISTRATION
CDU Ranks Top University for High Starting Salaries
Yahoo Finance identified CDU as one of America ' s five best colleges for high starting salaries . The findings put CDU shoulder to shoulder with some big name institutions that were also in the top five , including Massachusetts Institute of Technology and California Institute of Technology .
This is the second time during the year that CDU was identified as a great launching pad for a high starting salary . Payscale , a leading provider of compensation data and software , conducted an analysis of alumni salary data from 3.5 million respondents spanning over 4,000 colleges and universities across the U . S .
The results of the analysis were published in Forbes and showed CDU alumni reported the fifth highest average pay for new bachelor degree recipients . An earlier Brookings Institute evaluation went on to call CDU a “ hidden gem ,” positioning the University third in the nation for providing the greatest value-added boost to alumni in occupational earnings .
CDU was also ranked a Top California institution that offers a high return on investment ( ROI ) for low-income students . The report , published by Georgetown University ’ s Center on Education and the Workforce ( CEW ), took into consideration the average cost of attendance , number of Pell Grant recipients as a representation of low-income students , and Pell Grant recipient graduation rate . CDU came out as the highest ranking California school with a 100 % graduation rate of Pell Grant recipients .
The report , “ The Colleges Where Low-Income Students Get the Highest ROI ,” also looked beyond California to find that CDU ranks # 2 in the nation in terms of weighted ROI , which takes the percentage of Pell Grant recipients , the percentile rank of 40-year earnings of Pell Grant students , and Pell Grant recipient graduation rate . In general , CDU was ranked a Top 10 college with the best long-term net economic gains by the CEW .
CDU Directs Over $ 2 Million of Federal Funding to Student Financial Relief
CDU has allocated more than $ 2 million of Higher Education Emergency Relief Funds ( HEERF ) authorized in the American Rescue Plan Act of 2021 to provide financial relief directly to students . The American Rescue Plan ( ARP ) Act of 2021 provides $ 39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic . CDU will use more than $ 2 million of the University ’ s HEERF allocation from ARP to directly assist students who have been impacted by the COVID-19 pandemic .
“ Our students are the beating heart and soul of CDU and , like so many people in communities everywhere , have experienced many hardships throughout the pandemic ,” shared CDU President Dr . David M . Carlisle . “ CDU is grateful to have access to this funding to provide financial relief directly to students for addressing academic , financial , childcare , housing , food insecurity or health / mental health pressures they are currently facing . Together we can continue along the path to achieving excellent health and wellness for all in a world without health disparities .”
CDU is providing direct aid ranging from $ 1,250- $ 3,800 to nearly 800 students . Distribution of the funding began in March . Multiple criteria were considered to determine which students receive funds and the value of those disbursements . Students with certified financial hardships as a result of COVID-19 make up the largest group of intended recipients , followed by students who have a significant unmet need according to their Free Application for Federal Student Aid ( FAFSA ).
Financial hardships , disadvantaged student statuses , federal poverty guidelines from the U . S . Department of Health & Human Services , and the unmet needs of Pell and State Grant recipients were also taken into consideration . The University is also prioritizing this funding for its currently enrolled undergraduate students .
16 Administration