As the result of previous years planning by St. Olaf administrators and the Board of Regents, the College enjoys a bit of financial security this year. Due to reductions in the budget and other planning, the College generated more revenue than expense during the 2005 fiscal year (June 1, 2004 through May 31, 2005).
The US News and World Report college rankings issue was released Aug. 19 to eager perspective students and colleges across the country. St. Olaf College jumped seven places since last year, placing 55th overall in the annual rankings of the best liberal arts colleges in the nation.
St. Olaf scientists will be returning to the Antarctic after a four-year hiatus thanks to new National Science Foundation (NSF) funding. Professor of Physics Bob Jacobel and research faculty member Brian Welch spearheaded the proposal that, after receiving good reviews, was awarded $408,000 by the NSF.