Dauphin County Gaming Funds - Harrisburg University (Part 3)

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COLLATERAL FOR DAUPHIN COUNTY'S $3.7 MILLION IN LOANS TO HARRISBURG UNIVERSITY--STUDENT TUITION.

In a January 2012 email exchange between Greenlee Partners' Clinton Cullison (who seems to be acting as liaison between the County) and the University, the University cites a projected tuition of $6,515,113 million for fiscal year 2011-2012.

However, it is unclear precisely how many students attend the University, which in return makes future projections uncertain. On the part of Dauphin County, the original April 2010 "bridge loan" of 2010 must have been based on good faith that the number of students would validate the lending and that increased enrollment would help guarantee a repayment.

UPDATE (6/4/12): As a result of inquiry (see Part 4 of this series), Dauphin County Commissioner obtained Harrisburg University's enrollment breakdown.

It is as follows: Total number of full-time Degree seeking students=336 undergraduate; 113 graduate.

Total number of Non-Degree seeking students=573.

These numbers reflect enrollment for the period July 1, 2011 through June 1, 2012.

---Tara Leo Auchey

Photos/Natalie Cake

 
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