Sheridan College Preparing For The Time When Revenue From Gillette College Ends

The time will come when Sheridan College will not get any revenue from Gillette College, and Sheridan is making sure it’s in good financial shape when that happens.

Recently Gillette College submitted its application to the Higher Learning Commission for accreditation eligibility.

Sheridan College has completed the official transfer of faculty to Gillette, but until the accreditation is approved, classes at Gillette are referred to as Sheridan College courses.

This means Sheridan College still gets some tuition revenue from Gillette, and Gillette can’t officially receive its own state funding.

Sheridan College President Dr. Walter Tribley says that revenue is dwindling, and although the college is solid and strong financially, both he and the Board of Trustees are making sure things remain that way when the revenue from Gillette is no more and Sheridan doesn’t get as much money from the Legislature.

He adds first and foremost the board is responsible for the fiscal solvency of the College District, which will soon be working on a new 5-year strategic plan, which is linked to funding.

“During those 5 years I fully anticipate that a vibrant Gillette College will be accredited and those dollars will be gone. So as this board engages in strategic planning and our broader community, we have to have that reality, that separation is key for the state of Wyoming and our fiscal solvency is key to us and our state.”

Fall semester classes at Sheridan and Gillette Colleges are scheduled to begin on Monday, August 28th.