What is the Minerva Project?

0 Flares Twitter 0 Facebook 0 Filament.io 0 Flares ×

If you haven’t heard about it yet, you probably will soon. The Minerva Project is hoping to create the first Ivy League online university. Now let’s stop right there because their model doesn’t fit what they, and probably you, would refer to as a traditional online university. While all classes will be taken online, students will gather, live in, and rotate between dorms placed around the world during their time as a student. This original approach to online education and their unique line of thinking doesn’t end there.

Some other highlights of Minerva – named after the Roman goddess of wisdom – include a plan to have tuition fees at less than half of what other elite American universities charge, to have their graduates be future thought leaders uniquely prepared to pursue and solve global problems, and to have campuses around the world to ensure a culturally diverse and enriching experience.

Sounds cool, but it hasn’t opened yet. In fact, their first full class is more than two years away, starting in September 2015. So what are they doing until then? First, they have the Minerva Academy, “an elite society of educators dedicated to promoting and rewarding innovation and excellence in teaching.” This academy is busy building an education plan for the online university while also recruiting future members. This leads to the second part of the Minerva initiative: awarding the first Minerva Prize.

The Minerva Prize is no ordinary prize. In May of 2014, they will award $500,000 to a “distinguished educator who is driving innovation to deliver extraordinary student learning experiences for the 21st century,” as well as induct them into the Minerva Academy. This honor will become an annual prize for great educators.

And finally the Minerva Project stays busy building their image through public relations and their online university through employees who, like their future students, hold education at the highest level.

This task is huge and is a lofty goal, but one that others have stepped behind. The Minerva Project has already raised $25 million in funding. Their founder, former CEO of Snapfish Ben Nelson, has said that Minerva will be “offering the best education possible.” And best of all, for them at least, is that it is for-profit.

So while I’m still curious about exactly how the Minerva Project will unfold, they’ve given themselves some good direction and funding to get there.

Written by: Travis Taggart
Travis is a regular contributor to the Ashford University blog.

Popular Posts

  • Top 7 Reasons Why You Should Pursue Your MBA If you’re a college graduate, returning to school for your Master of Business Administration (MBA) might not appeal to you. After all, you’ve already spent four years on your Bachelor’s degree. Wh. . . November 24, 2014
  • Best Courses to Become More Marketable Most universities are composed of typical colleges such as the College of Health Care Studies, Business, Education, and Liberal Arts. Within these colleges are various majors a student can choose,. . . September 17, 2013
  • 5 Tips for Transferring Credits One of the best ways to accelerate your graduation day is to transfer credits. But many students find the transfer process very long and complicated. It doesn’t have to be so scary. Here are five . . . November 14, 2013
  • Explore Exciting Jobs in Healthcare You love to help people. You are interested in the science of the human body. And you believe in the value of a healthy lifestyle. If these traits describe you, then you ought to consider a career i. . . March 12, 2014
  • Business School Accreditation — What’s the Difference? When searching for a business school, you may notice that some business programs are accredited by different organizations with acronyms like AACSB, IACBE, and ACBSP. It’s easy to get lost in an alpha. . . May 23, 2014
  • 5 Great Education Documentaries The documentary is an underrated genre in the film industry, often described as one for those who are so “crazy” about a topic, they have to make a film about it. However, some of these “crazy” peop. . . July 12, 2013
  • Words of Advice for Graduates One of my favorite times of the year is commencement. I always enjoy seeing students walk across the stage to celebrate their achievement. When students get close to graduation, you can sense their en. . . March 10, 2014
  • The Five Toughest Interview Questions Job interviews are nerve wracking for just about anyone, whether you are a seasoned professional or a recent college graduate. The key to calming those nerves is preparation and practice. Prepare for . . . August 30, 2013
  • Choose a Relevant Degree Business, English, Law – these are perennial subjects for degree programs, and they’ve stood the test of time. When students enroll in these programs, they already have some idea of what they’ll stu. . . February 5, 2014
  • Advanced Degrees: Which Fields Provide the Highest Paying Jobs? Every spring it’s in the news: colleges are raising tuition. Higher tuition means students will be carrying a larger debt into the workforce, which cuts into their income. Choosing the right field o. . . September 9, 2013
Tags: , ,

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...