Beloit College Magazine

Beloit College Magazine

Summer 2010 (July 21, 2010 at 12:00 am)

Revolving Loans for Environmental Initiatives


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July 21, 2010 at 12:00 pm

Dreamed up by five students, the Beloit College Revolving Loan Fund (BCRLF), started as homework. Sierra Anseeuw’11, Taylor Bixby’10, Travis Holtby’10, Tess Tarling’11, and Greer Zimmerman’11 worked together to design and implement the project, the latest—and one of the most innovative—environmental initiatives at Beloit.

The BCRLF provides the initial capital to support money-saving, environmentally friendly projects. For every project funded by the BCRLF, a portion of the savings it generates goes back into the fund until the initial cost of the project is repaid, plus an additional amount.

In January, Beloit Student Congress granted the fund $25,000. Proponents would like to see it reach $50,000 to $100,000 by the end of the year. To that end, they are pursuing donations from private and government organizations, alumni, trustees, and off-campus foundations.

“The more projects this fund initiates, the larger it will grow,” explains Holtby, an international relations major.

Beloit students already have many good ideas for projects: Proposals are in the works for revamped outdoor lighting, more efficient campus washing machines, house weatherization to boost energy efficiency, and more.

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