June 3, 2026

Dear Colleagues,

This morning, the Salt Lake Tribune ran an article that was based on recent national reporting about the health of small private universities. The Tribune’s article attempted to make local connections, and the headline focused on an interpretation of Westminster’s financial position and strategy. Like other small private institutions nationwide, we have faced pressures; however, our position is much stronger than the headline suggests.

We have successfully managed our finances through diverse revenue streams, including philanthropy and cost efficiencies, without accumulating sizeable debt and while improving student experiences. Those organizations most familiar with our past performance and current trajectory, such as our accreditors and auditors, have expressed confidence in our future based on their understanding of our full financial picture. The FY 2027 budget, reviewed and approved by our Board of Trustees last month, projects an operating surplus in the coming year.

Our commitment to student success and affordability remains clear. Our retention and graduation rates are outstanding, with the highest 4-year graduation rate in Utah. Our generous scholarships both recognize the talents of our students and demonstrate our commitment to managing escalating costs without passing them on to students. The career outcomes of our students are impressive, with over 90% of graduates finding their Westminster degrees to be valuable in achieving their career goals.

Westminster recently celebrated 150 years of service to students, communities, and the world. We look forward to sustaining and advancing that proud history for many years to come.

Regards,
Beth Dobkin, PhD
President