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Pomona College Financial Aid Director Patricia Coye to Retire

Patricia Coye, director of financial aid at Pomona College, has announced that she will retire from Pomona in June 2008, after more than 30 years of extraordinary service to thousands of Pomona College students.

According to Richard Fass, vice president for Planning, “Pat has worked tirelessly to make it possible for students of all means to afford the educational opportunities they had earned. Her reputation for fairness, integrity, and genuine concern for students and families is well-earned, and the gratitude and appreciation of generations of these students and families has followed. Pomona College has benefited also from her national reputation and service on committees and task forces too numerous to mention – all dedicated to achieving and sustaining equity in the administration of public and private financial aid funds.”

Coye arrived at Pomona College in 1977 as director of Financial Aid. The following academic year, the first that she was involved in awarding aid, Pomona College awarded $718,000 of its funds for financial aid scholarships and administered $1,252,000 in external scholarship funds. For 2008-09, the College expects to award $21,612,000 in Pomona College scholarship funds and administer $1,356,000 in external scholarship funds.

A national search for a Director of Financial Aid is currently underway with the goal of hiring a new director this summer. Pomona College is one of only a handful of colleges to have a need-blind admissions process (making all admission decisions without regard to financial aid) and a commitment to meeting the full financial aid need of every admitted student. Beginning with the 2008-09 academic year, Pomona College will replace financial aid loans with scholarships for all of its students.

Pomona College, one of the nation’s premier liberal arts colleges, offers a comprehensive program in the arts, humanities, social sciences and natural sciences. Its hallmarks include small classes, close relationships between students and faculty, and a range of opportunities for student research.