King’s College, situated in Charlotte, North Carolina’s Old North State, has previously had a number of enrollment and financial issues. Low enrollment rates were the main cause for the institution’s first closure; however, once President Coleman Monroe formed his team, plans to reopen were devised, and the college reopened its doors in May 2019. Despite the pause caused by the Covid-19 pandemic, which peaked in 2020, the re-opening was deemed effective.
King’s College, located in Charlotte’s uptown district, is known for offering degree programs in a variety of fields, including the School of Health & Human Development, which offers courses in psychology, health and human services, and public health; and the School of Business & Economics, which offers advanced degrees in business administration, finance, and marketing to graduates. Some of the most recent expansions include the discipline of Science & Technology, where graduates are anticipated to take the lead in fields such as Financial Technology and Environmental Management.
The institution, which has a more than a century-long history in the neighborhood, stayed operational throughout the Covid-19 outbreak by adopting an online curriculum. While there were some issues with the transfer to a digital interface, such as a lack of visible and immediate communication between students and instructors, the rollout was universally seen as a success, and enrollment has increased since then.
It’s good that this ancient institution has been given a second shot. The institution reopened with a monetary infusion of USD 5.25 million, which was primarily focused to the School of Health & Human Development and the School of Business & Economics’ academic and curricular plans. There are also plans to spend an operating reserve of up to five times the original investment value, totaling over USD 26 million, over the following five years to guarantee that the institution remains relevant.
Coleman Monroe, the president of King’s College, has said that they are looking for “… a further growth toward the curriculum of its many schools.” “The objective for our reopening will be to raise not just the financing of our numerous degree programs, but also the budget for additional developments,” he has added. These possibilities are rare, and we want to make sure we do all we can to help King’s College grow into a world-class school.”
King’s College also appeals to its alumni for contributions to finance its activities in the Health & Human Development and Business & Economics schools, in order to boost the college’s financial position. The university is also contemplating renaming its several colleges in honour of alumni as part of a campaign to encourage graduates to contribute to its endowment fund. Governments and sovereign wealth funds are also in negotiations with King’s College to establish research and leadership centres inside its schools.