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Students recruit for UNC
BY SAMANTHA HALPERN
STAFF WRITER
Volunteers for Tarheel Target,
a more than 20-year-old out
reach program through the Office
of Diversity and Multicultural
Affairs, are ready to help
Chancellor Holden Thorp recruit
the best students possible for
UNC.
During Fall Break, almost 100
current UNC students will return
to their high schools to speak to
students about the college appli
cation process and characteristics
and opportunities at UNC.
The program is targeted at
recruiting minority students but
the discussions open to any inter
ested high school student.
Chese’Qua Evans, outreach
and support program coordina
tor in the Office of Diversity and
Multicultural Affairs, said Tarheel
Target is an opportunity for UNC
students to serve as ambassadors
and provide a more personal
experience for students from their
high schools.
She said ambassadors give
pointers about how the college
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application process works, talk
about why they think UNC is so
great and recount their personal
experiences in college.
“The program is very successful
in encouraging students to apply
to Carolina, increasing the appli
cation pool,” Evans said.
Junior Krista Stepney has vol
unteered and visited her alma
mater, Green Hope High School
in Cary, for two years. She is now
one of the program’s six student
coordinators.
Stepney said when she visited
her high school, she spoke about
different events and organiza
tions on campus that she was
involved in.
“It’s different when you hear
the story from a Carolina stu
dent,” Stepney said. “It gives the
students a personal feel, a per
sonal touch.”
The Dean of Students at Green
Hope High School, Sarah Welsh,
said a large number of Green
Hope students have said they
hope to attend UNC when they
graduate.
She said they enjoy talking to
University
current students because they are
close in age and get more infor
mation about students’ personal
lives at UNC.
“Anything that Carolina does
with us is very favorable,” Welsh
said.
Tarheel Target holds two
training sessions before students
return to their high schools in
order for students to accurately
provide information about UNC.
An admissions official speaks
to the volunteers about basic
facts, application information
and statistics about the current
first-year class.
Junior Anika Fisher said she
participated in recruitment events
when UNC students came to her
high school and now is volunteer
ing for Tarheel Target for the third
year.
“I guess it was a cause and effect
type of thing,” Fisher said. “I think
it is important for people in my
area to know that Carolina is an
option for them.”
Contact the University Editor
at udesk@unc.edu.
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WBf Team must submit a physical
form from UNC Sports Medicine
and a copy of insurance.
♦ Papers must be turned in no later y
than Oct. 13 to the Women's Basketball
office located at Koury Natatorium
QUESTIONS?
Contact Charlotte Smith
Women's Basketball 919-962-5186
Many unaffected by account change
BY ASHLEY BENNETT
STAFF WRITER
About 60 percent of faculty
participating in UNC’s voluntary
retirement program will see no
change in their investments.
And human resources officials
said the other 40 percent would be
better off moving their accounts into
UNC’s approved companies, espe
cially with the troubled markets.
During the Faculty Council
meeting Friday, members were
notified that their 403(b) Voluntary
Supplemental Retirement Program
options would be cut from seven
vendors to two.
Beginning Jan. 1, faculty and
staff only will be able to invest in
a retirement fund under Fidelity
Investments or TIAA-CREF, compa
nies that were in the original seven.
The voluntary retirement fund is
an option for employees to invest a
percentage of their paycheck in addi
tion to the state retirement or 401(k)
plan. Investments remain untaxed
until money is removed.
The reduction in investment
vendors is the result of 2007
Internal Revenue Service regula
tions, which shift more investment
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responsibilities from the employees
to the University.
Employees on all 17 campuses in
the UNC system will be affected.
To effectively oversee the retire
ment accounts, the UNC-system
General Administration decided to
select only two providers through a
competitive bid process, said Brian
Usischon, senior director of bene
fits and employee services.
Of the 2,700 UNC-Chapel Hill
employees participating in the
supplemental retirement program,
about 1,620 are already investing in
funds through Fidelity Investments
or TIAA-CREF.
But Usischon said the vendor
selection was not solely based on
employee convenience.
He said system administrators
reviewed the vendors on a variety
of factors, such as investment offer
ings, employee educational tools and
financial stability.
Fidelity Investments and TIAA
CREF have weathered the financial
turmoil of the past few weeks fairly
well. AIG Retirement, which also has
a large market from UNC-system
employees, is now being rescued by
the federal government.
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During Friday’s Faculty Council
meeting, members expressed con
cerns with the number of invest
ment options available.
To help alleviate those worries,
Usischon said the University plans
to provide a list of approved invest
ment advisers and hold informa
tion sessions and counseling with
each of the vendors.
Steve Bachenheimer, a micro
biology and immunology professor,
said he thinks people will experi
ence little change.
Employees may continue to
earn interest on their “disquali
fied” accounts, but they will not be
able to invest more money in them.
Some companies might charge a
fee to switch retirement funds.
Faculty Secretary Joe Ferrell
said he won’t take his investments
out of the unapproved accounts.
“I think the strategy would be
different for someone a bit young
er than what I am who is putting
money into a growth fund,” he said.
“The circumstances are different
for different people.”
Contact the University Editor
at udesk@unc.edu.
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