Argosy Foundation Awards $1.3 Million to Olin College for Faculty Exchange Program

Olin College of Engineering in Needham, Massachusetts, has announced a $1.3 million, multiyear grant from the Argosy Foundation in support of an initiative that will encourage creative educational transformation through collaborative faculty exchanges.

Formally known as the Argosy Collaborative Exchange Program at Olin College, the program will explore best practices for transforming the culture of higher education, with a longer-term goal of effecting wider reform on campuses across the country. Participating faculty, known as Argosy Olin Fellows, will work on their projects for up to a year while in residence at Olin, enabling them to experience first-hand the school's hands-on, team-based curriculum, which blends engineering with the liberal arts, entrepreneurship, and design. In addition, an evaluation process will be set up to monitor and assess methods of fostering sustainable institutional change. Olin will recruit faculty for the first project residency later this year, with initial residencies to begin in the fall of 2013.

"I am proud we are partnering with Olin on this important work," said Boston Scientific co-founder and Argosy Foundation founder and chair John Abele. "I can think of few efforts more vital to the world community than ensuring the education of a new generation of innovators with the collaborative skills needed to tackle the great challenges our planet faces. Olin has developed a provocative educational paradigm that goes a long way toward meeting this need. What is distinctive about this effort is that it will allow students and faculty from many institutions to participate in the Olin model and create a team of diverse innovating schools."