financial Archives - The Chimes

Makerspace and Virtual Reality Lab Closure

Changes to Biola affect free creative resource.

Natalie Fassnacht, News Editor • January 21, 2024

The spring semester has brought many changes to Biola’s campus, notably the closure of the Makerspace and Virtual Reality Lab. The news was announced through a weekly Student Life newsletter released on Nov. 20, citing a realignment of resources. “Due to financial redirections we will be closing...

Athletics expands despite cutbacks

Athletic department strategizes amid university's economic crisis.

Caleb Crawley, Sports Editor • February 23, 2023

Biola’s athletic department has proven itself to be mostly unscathed during a rocky period for the university. In an era in which student enrollment is decreasing, faculty members are being laid off and degree programs are disappearing from Biola’s academic calendar, athletics is virtually untouched...

Financial changes hit Biola

The Chimes explains employment cuts, enrollment drop and Biola's debt.

Dalet Valles, Editor-in-Chief • February 23, 2023

Correction: March 8 An earlier version of this article incorrectly stated that the School of Humanities and Social Sciences laid off a Sociology faculty member. He was laid off from a separate staff position at the university but remains as an adjunct with the Sociology department. The structure...

SGA Rundown: Senate deliberates proposals and gives financial updates

GSPD proposal passed during same-day voting.

Phoebe Vrable, News Editor • November 18, 2022

Short film producer of Ever Flowing Ben Dilsisian, short film producer of Sisters Katherine Baguio and line producer Caitlin Krengel asked SGA for $3,000 to fund the annual film premiers. The event will take place on Dec. 9 in Sutherland Auditorium. In the past, Dilsisian said that competition between...

Student debt relief raises controversy

The proposed bill allows for significant debt relief for lower-income households.

Emily Coffey, Managing Editor • September 2, 2022

The Biden-Harris administration recently proposed a bill that would relieve up to $10,000 of debt per borrower of federal aid, and up to $20,000 for recipients of Pell Grants. The bill might face long legal battles to come into action, but the Biden-Harris administration promised that the relief will...

Executive VP departs from Biola

Morris transitions to Azusa Pacific presidency.

Hannah Larson, Editor-in-Chief • March 25, 2022

Adam Morris, the current executive vice president and chief transformation and advancement officer, will leave Biola on June 1 and become president of Azusa Pacific University on July 1. Morris said he will wrap up his work with the Office of Transformation before his departure and explained he has worked...

Almost 400 faculty and staff parking spaces repainted into open spots

Biola decides to remove faculty and staff parking spaces in order to save an estimated $40,000.

Micah Kim, Managing Editor • March 25, 2019

Due to a provision of the Tax Cuts and Jobs Act that went into effect on Jan. 1, 2018, Biola University has discontinued staff-only parking spaces. Through this decision, Biola will save an estimated $40,000 a year, which would otherwise be lost in taxes. THE SITUATION Facilities Management started...