Newswise — Babson College has admitted students from Tulane University and Loyola University New Orleans who are unable to attend college this semester because of the impact of Hurricane Katrina.

Babson has accepted students for the Fall 2005 semester who are enrolled in good standing at Tulane or Loyola.

Babson is coordinating students' academic schedules to ensure that they will be successful at Babson while being able to transfer credits to their home institution.

Given changing dynamics in Louisiana, Babson will revisit Spring 2006 enrollment options for these students later in the semester. First-year students have the option of enrolling as permanent Babson students.

Babson recognizes the Tulane and Loyola students as full Babson community members - with full eligibility for campus involvement and full participation in the life of Babson College.

Babson is working with each student on an individual basis concerning financial need and housing. Students have free use of Babson College laptop computers.

Babson held special orientation sessions for interested students on September 2 and on September 6.

"Our thoughts are with the people of the Gulf Coast of Louisiana, Mississippi and Alabama," said Babson President Brian M. Barefoot. "Reaching out to student is one of the many efforts that Babson can and will do help those in the area devastated by Hurricane Katrina."

Additional Efforts At Babson In Response To Hurricane Katrina

"¢ Paid Leave For Employee Volunteers -- Babson is prepared to authorize faculty and staff members who would like to volunteer support to a recognized Hurricane Katrina relief effort up to two weeks paid leave of absence to participate in this relief effort.

"¢ Free Online Courses -- The Sloan Consortium, an international association of colleges and universities committed to quality online education, which is administered through Babson College and the Franklin W. Olin College of Engineering, is offering students displaced by Hurricane Katrina an opportunity to continue their education at no cost. In collaboration with the Southern Regional Education Board and with a $1.1 million grant from the Alfred P. Sloan Foundation, the special accelerated program will provide a wide range of courses to serve the learning needs of students at the community college, university and graduate level, regardless of academic discipline. These courses will be given by major universities and other Sloan Consortium members. Students interested in finding out more about the program and the free courses can do so at http://www.SloanSemester.org.

"¢ Katrina Fund -- Established the Babson College Katrina Fund, which is administered by the College's Bernon Center for Public Service. Money raised will go directly to help current students and alumni of Babson affected by the hurricane.

"¢ Red Cross " Raise funds for the American Red Cross relief efforts through the College's Bernon Center for Public Service.

"¢ Run For Shelter -- A portion of the money raised in the College's Cruickshank Run for Shelter on Saturday, October 22, will go to the Katrina Fund, as well as to support future Babson Habitat for Humanity efforts in needy areas.

More information on Babson's response to Hurricane Katrina is available at http://www3.babson.edu/About/Katrina/.

Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.

MEDIA CONTACT
Register for reporter access to contact details