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Articles: Financial Services

The Red Folder, created by the University of California, is being adapted statewide as a resource for guidance on distressed student interaction.

Recent studies suggest that up to one-third of college students suffer mental health problems. California’s colleges and universities have made strides in providing mental health care to students—when higher ed as a whole has struggled to keep up with a growing demand for services.

Tony Ellis is vice president of industry advancement for the National Association of College Stores.

The traditional model of course content creation and distribution—textbooks written by faculty and publisher-produced—is being disrupted.

New digital players and learning content formats—such as courseware, open educational resources and adaptive (or personalized) learning—promise lower costs and better outcomes.

At the University of South Florida, current and former scholarship recipients were among those who signed a giant thank-you card presented to donors Barron and Dana Collier during a ceremony announcing their latest major gift.

Smart advancement teams put thought and research into making stewardship individual and heartfelt. But how far will institutions bend on their mission when a donor offers big bucks? Are donors negotiating for honorary degrees, access to students, influence over scholarships or a leg up in recruiting graduates?

Officials at the University of Missouri in 2012 looked at the business troubles of its academic press and decided the most prudent path forward was to shut it down. The community disagreed, lobbying against the closure, and the university recanted.

The whole affair emphasizes that academic publishing is not about dollars, but about the proliferation of scholarly and research-based writing, says David Rosenbaum, director of Mizzou’s press.

Yale will analyze the cost of carbon at its Peabody Museum of Natural History and 19 other campus buildings to help guide other institutions. (Photo: Patrick Lynch/Yale)

Energy conservation at Yale now goes beyond lower utility bills. The institution broke new ground in higher ed recently with a pilot program to calculate the wider cost of carbon use at 20 of its New Haven, Connecticut, buildings, including the well-known Peabody Museum and the president’s office.

The point of pollution is just one cost, says Ryan Laemel, Yale’s project coordinator. “We pay downstream in the form of added healthcare costs and rising food prices due to declining agricultural productivity, for example.”

The traditional MBA, the flagship of graduate business education for more than a century, is losing ground as applicants increasingly turn to online degrees and specialized master’s programs in business-related fields.

The editors of UB magazine proudly present the 2016 Readers’ Choice Top Products, chosen from hundreds of nominations. This annual award programs alerts higher ed administrators and staff to the best products their peers use to achieve excellence at institutions throughout the country.

You—the nation’s higher ed leaders—submitted testimonials throughout 2015. Our editorial board carefully narrowed the list based on the quality and quantity of these testimonies.

Michael R. Nelson, a professor of internet studies at Georgetown University and former White House staffer, will deliver at keynote speech at UBTech 2016 in Las Vegas.

Michael R. Nelson, a professor of internet studies at Georgetown University, says innovation is about much more than just a good idea. It requires finding new ways to combine existing ideas, products and services into something that people will want. At the heart of that process is collaboration.

The U.S. experienced a decrease in million-dollar donations in 2014. (Click to enlarge)

At least 1,831 gifts of $1 million or more—a total of $24.5 billion—were given to charity across eight international regions in 2014, with higher education remaining the top recipient.

Yet it’s a decrease from 2013, when 1,995 donations worth $26.3 billion were reported.

Most colleges and universities will continue to face financial hurdles, and although there is much crossover, certain issues will be more or less of a concern based on the size of the university and its student population. One thing is true across the board: Student expectations are changing.

A sampling of responses to UB's Look Ahead surveys of campus leaders. (Click to enlarge infographic)

As we ring in 2016, higher education leaders have much to look forward to as well as, of course, much work to be done. Outlook 2016 is UB’s second annual special issue aimed at providing insight on the major trends expected to impact campus leaders in the year to come.

A new book by Melinda Lewis and William Elliott shows how current aid models contribute to inequality, and discusses a number of promising alternatives.

Higher education is supposed to be a critical first step on the ladder that leads to economic mobility. But William Elliott and Melinda Lewis say that students often leave school with debilitating debt that delays or even prevents any upward climb on that ladder.

Students at California’s Santa Clara University are tapping their campus cards for various on-campus services instead of swiping, with the use of NFC technology. With convenience and efficiency as key drivers, the university plans to transition its NFC offerings to include mobile devices within the next couple of years.

Campus cards accomplish many tasks—from purchasing meals and vending machine snacks to unlocking dorm rooms and other campus facilities. A growing number of colleges and universities now offer even greater convenience, having replaced less-secure swipe cards with “contactless” cards and mobile devices that perform the same functions.

Effective student success initiatives begin long before that first day of classes and often continue beyond graduation. The colleges and universities highlighted in the third round of UB’s national Models of Excellence awards program demonstrate a commitment to that holistic experience.

Mary Piccioli is an enrollment management consultant at Scannell & Kurz.

With freshman discount rates once again on the rise, it will be more important than ever for institutions to review whether their methodologies for developing a budget for financial aid are sufficiently robust.

Using a cohort-based budget approach is critical for understanding the implications of replacing a “cheaper” senior class with a more heavily discounted freshman class.

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