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April 25, 2018

 

Joseph Alan Stepp was named president in April 1999. He is the first native Appalachian to assume the president’s position at Alice Lloyd College.  During President Stepp’s tenure, the endowment has increased from $12.2 million to $42.5 million. In recent years, the College has been featured in national media such as U.S. News & World Report as the top college in America for graduating students with the least amount of debt and Forbes Magazine as one of the 100 most financially fit colleges in America.   Over the past fifteen years, Alice Lloyd College has spent roughly $20 million on numerous major construction/renovation projects (not counting various other improvements) and technology upgrades. Some of these projects include restoration of two historic buildings, Cushing Hall and the Commodore Slone Building, renovation of men’s and women’s dormitories, major renovations to the Caney Cottage dormitory in Lexington, Kentucky, renovation of the McGaw Library and construction of a Center for Entrepreneurship and Collaborative Learning, and the expansion of recreational and athletic facilities. Additionally, construction is underway on a Campus Center Project, a nearly 20-million-dollar project to further develop and expand academic, recreational, and athletic facilities available to the ALC community.  President Stepp has also overseen the expansion of our business program to include majors in entrepreneurship and accounting, a minor in entrepreneurship and core concentrations in management, e-marketing, leadership, finance, healthcare administration, e-commerce, and management information systems, and has added majors in kinesiology, sociology, special education and a dual-degree in nursing.  Through all of this, the College remains debt-free.Joseph Alan Stepp was named president in April 1999. He is the first native Appalachian to assume the president’s position at Alice Lloyd College. During President Stepp’s tenure, the endowment has increased from $12.2 million to $42.5 million. In recent years, the College has been featured in national media such as U.S. News & World Report as the top college in America for graduating students with the least amount of debt and Forbes Magazine as one of the 100 most financially fit colleges in America. Over the past fifteen years, Alice Lloyd College has spent roughly $20 million on numerous major construction/renovation projects (not counting various other improvements) and technology upgrades. Some of these projects include restoration of two historic buildings, Cushing Hall and the Commodore Slone Building, renovation of men’s and women’s dormitories, major renovations to the Caney Cottage dormitory in Lexington, Kentucky, renovation of the McGaw Library and construction of a Center for Entrepreneurship and Collaborative Learning, and the expansion of recreational and athletic facilities. Additionally, construction is underway on a Campus Center Project, a nearly 20-million-dollar project to further develop and expand academic, recreational, and athletic facilities available to the ALC community. President Stepp has also overseen the expansion of our business program to include majors in entrepreneurship and accounting, a minor in entrepreneurship and core concentrations in management, e-marketing, leadership, finance, healthcare administration, e-commerce, and management information systems, and has added majors in kinesiology, sociology, special education and a dual-degree in nursing. Through all of this, the College remains debt-free.PIPPA PASSES, Ky. (WYMT) - For the next week, WYMT will be announcing winners from the East Kentucky Leadership Foundation's annual award ceremony.

For the Private Individual Award, we went to Alice Lloyd College to talk with a man who has worked tirelessly to have the college recognized in two national publications. And that is just the beginning of his accomplishments.

Many years ago, when Alice Lloyd came to this region, her goal in life quickly became offering children in Appalachia a character based education. Her goal was that they would one day bring their skills and knowledge back home.

Joe Stepp became the president of Alice Lloyd 19 years ago and today, he continues to carry that mission with him.

He says one of the ways he grows students to their full potential is through a work-study education.

"Our students do everything from work in the cafeteria, to cut the grass, they work in offices, they work in the tech lab, the IT department, they're teacher's aids", said Alice Lloyd College President Joe Stepp. "I've got two students that work in my front office out here. And when they graduate, they get a regular diploma and they get a work diploma. And so they're building a resume in their four of five years here on campus."

Stepp says requiring students to work helps them to be better prepared for life after Alice Lloyd. He says it also helps Alice Lloyd provide for students.

"Alice Lloyd College makes a greater financial commitment to it's students than any college in the United States."

Alice Lloyd covers the full cost of tuition for students. Stepp says he also has a system in place to pay for students who continue their education at the next level.

"We track our students. Where are they 10 months after graduation? I just got my report from last year. 96% of our graduates, 10 months after graduation, are in either graduate school, professional school, or they have a job", said Stepp. "Very few of them, and they owe very little, and in many cases, no money, they're debt free. It's just a remarkable model and that's kind of what's kept me here. And that's kind of how you talk about measuring success at the school. So yes, I put a whole lot of emphasis on that."

Stepp does not measure success by individual accomplishments like being recognized by U.S. News & World Report as being the top college for graduating students with the least amount of debt or by growing the endowment nearly 200% and landing the college in Forbes Magazine as one of the 100 most financially fit colleges in America.

He measures success through his students.

"Close to 83% of our graduates do return to Appalachia", said Stepp.

A goal in line with the vision established by Alice Lloyd herself; educate them to come back.

The 2018 EAST KENTUCKY LEADERSHIP AWARD FOR PRIVATE INDIVIDUAL goes to Joe Stepp.

 

Comments  

0 #1 James A Muncy Jr 2018-04-25 20:29
Good job Sir!!!!
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