Steven M. Corey, Ph.D.
Steven M. Corey, Ph.D., joined Olivet College as its 27th president in the fall of 2010. Olivet College, located in southcentral Michigan, is a private liberal arts institution guided by its values-based motto, Education for Individual and Social Responsibility. As such it has come to be known for successfully preparing a diverse student community for not only success in professions and graduate school, but also for equipping students to make a positive difference in their local and global communities.
Since his arrival, President Corey has engaged the Olivet College community in a comprehensive process of charting the course for the Olivet College of 2020 and beyond, a process that is defining the future of Olivet in the decades ahead. He also inspired and led the establishment of the Olivet College ADVANTAGE which guarantees students graduation in four years and opportunities for study abroad, internships and research experiences, and community service. Dr. Corey has also established a college commitment to leadership development by initiating the President’s Leadership Institute, Employee Leadership Academy, and the Women’s Leadership Institute at Olivet College.
Under his leadership, the college has completely redesigned its enrollment strategy, achieving three of the four largest entering classes in college history, increasing the number of on-campus residents by 47 percent, more than doubling the percentage of minority students to 29 percent, and achieving a four year graduation rate that is 19-percentage points higher than the benchmark for similar student bodies.
The college has also dramatically increased its financial strength, increasing total net assets by 98 percent, endowment by 114 percent, total enrollment-related revenue by 21 percent, and achieving the highest financial responsibility score possible for consecutive years. Dr. Corey has also led a record setting fundraising effort, launching the college’s first comprehensive campaign which, at over $34 million after the first two years, is already more than double any previous campaign in college history. He also secured the largest single gift in college history at $12.5 million, led the college to achieve fundraising records in three successive years, and secured planned gift commitments that double the future expectancy of the endowment. The campaign has already begun to radically transform the campus with millions of dollars invested in renovation and new construction projects across campus. During this same period, the college has also accomplished unprecedented new program development, launching 10 new academic programs and 14 new athletic and co-curricular programs.
Dr. Corey has also ensured the college’s strong commitment to the greater community through the establishment of the ONE Olivet Initiative, recognizing that a strong and thriving college is dependent upon a strong, thriving and sustaining community.
Prior to joining Olivet College, Dr. Corey served as executive vice president at Prescott College, where he was responsible for planning and directing all aspects of the college’s administrative and operational policies, objectives and initiatives. While at Prescott College, he also served as an associate Ph.D. faculty member and as an adjunct faculty member in the areas of higher education finance, higher education organization and administration, nonprofit management, and other business management related areas.
Before joining Prescott College, Dr. Corey held the position of fellow for administrative collaboratives with the Tennessee Independent Colleges and Universities Association. Previously to TICUA, he spent 10 years with Cumberland University where he held the positions of vice president for administration, vice president for athletics, director of sports medicine, and was a member of the teaching faculty.
In 2006, Dr. Corey was appointed by Arizona Governor Janet Napolitano and reappointed by Governor Brewer to serve on the Arizona State Commission for Postsecondary Education, where he served as chair of the commission for three years.
He holds a doctorate in higher education finance from the University of Arizona, a Master of Business Administration from Cumberland University, a Master of Science from Arizona State University, and a Bachelor of Science from California State University at Fresno.
Dr. Corey was born and raised in Clovis, California and is married to Traci, also a native of central California. They reside in Olivet, Michigan and have one daughter, Karli Samantha (18).