We're starting the new year by announcing a new recognition program here at University Business, a program that honors those administrative departments that have found a way to work smarter and better. We call it Models of Efficiency, and it gets to the heart of what University Business is all about, a message that is reflected in our tag line, "Solutions for Higher Education Management."
Articles: Financial Aid
1/1/2010
IN A RECENT MOODY'S SURVEY, almost 30 percent of private colleges projected declines in net tuition revenues for the current fiscal year. This is likely not because enrollments declined, but because more financial aid was spent in achieving enrollment goals. Officials at institutions whose discount rates increased this fall are wondering if this is the new cost of doing business or whether they spent more than necessary.
1/1/2010
Determining the fair value of assets and liabilities on a university's financial statement has become increasingly stringent, particularly under the Financial Accounting Standards Board (FASB) Accounting Standards Codification Fair Value Measurements and Disclosures (Topic 820), formerly FAS 157.
9/1/2009
NO ONE ENVIES YOU, DEAR READER. Higher ed administrators are seeing students with greater financial need and donors with shallower pockets and shorter arms. What are you and your fundraising folks to do in order to narrow that gap?
9/1/2009
IN ITS SIMPLEST FORM, ENSURING the linkage between financial aid and enrollment projections is about two things: solid data analysis and communication. How many new and returning students will there be, and how much institutional grant aid will they require? Who needs to be informed of the projections, and when? Of course, the devil is always in the details. So let us break it down into the basic components.
7/1/2009
IN AN EFFORT TO GET AMERICA’S recently unemployed workers back to work, the Obama administration has implemented several initiatives to encourage them to learn new job skills through postsecondary education. These initiatives are likely to affect higher education institutions and provide additional opportunities to educate workers who have been negatively impacted by the economic downturn.
7/1/2009
IT WAS THE DISASTER THAT DIDN'T happen, despite the headlines in national and local newspapers throughout the spring of 2008. “College Financial Aid System ‘In Crisis,’” proclaimed USA Today. “No Funds to Lend to 40,000 Students,” blared the Boston Globe. “Student Loans Start to Bypass 2-Year Colleges,” warned The New York Times.
5/1/2009
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NOTHING TENDS TO FOCUS the mind more than impending doom, which lately has taken the form of the speeding train that is our current financial crisis.
5/1/2009
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IN THE MEDIA, FINANCIAL aid coverage tends to focus on topics such as the tensions between funding merit scholarships versus need-based grants, the growth in student and parent borrowing, and the need to increase funding for Federa
5/1/2009
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IT IS A WELL-KNOWN FACT: Tutoring helps students perform better. The trick is getting them to use it.
4/1/2009
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IT DIDN’T TAKE PRESIDENT Obama long to follow through on his campaign promise to make higher education more affordable for students and families.
4/1/2009
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IN MAY 1994, ENRIQUETA CORTEZ became the first Hispanic woman in Texas to earn a PhD in physical chemistry. Just a decade earlier, no one could have foreseen her achievement.
4/1/2009
Hardly a day goes by without a college announcing jobs, programs, or spending cuts. You would think with all the brainpower at our colleges and universities they would be able to come up with better solutions than lopping off people, sections and services to students. But they don’t seem to. Why not?
3/1/2009
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I REMEMBER, IN A COLLEGE LITERATURE class, reading Jonathan Swift’s brilliant satirical essay “A Modest Proposal.” In it, Swift’s character suggests that the Irish could go far in alleviating a host of social ills—including overpop
3/1/2009
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WHEN BILL CLINTON'S 1992 PRESIDENTIAL campaign strategists came up with “It’s the economy, stupid,” which underscored that Clinton had a better understanding of issues facing the country at the time and therefore was a better choic
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