WHEN IT BECOMES HARDER TO raise funds and the notion of success is coming up with just 90 percent of last year's revenues, fundraisers must get smarter--by better understanding their donors and the different tools and approaches to connecting with them. Colleges and universities of all sizes now have the opportunity to influence and motivate a new generation of donors and get them in the "habit of giving," but it's an uphill climb.
Articles: Financial Services
1/1/2010
WHEN LYNNE SCHAEFER STARTED HER position as vice president for administration and finance at the University of Maryland, Baltimore County in 2005, the institution's financial reporting tool left much to be desired. Developed internally to pull data from UMBC's PeopleSoft ERP, the tool has produced complex reports that make it "hard to find exactly what pieces of information you're looking at," she says. "This creates frustration, especially for the untrained eye. ...
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.
1/1/2010
Chicagoans are disappointed the Windy City was voted out of the 2016 Summer Olympics. That being said, Chicago higher education can take pride in its remarkable commitment to social justice, and as the home of a community organizer who has taken his place as a global leader.
10/1/2009
DINING FACILITIES AND PROGRAMS ARE an integral part of campus life. Long gone are cafeteria-style dining areas with cafeteria-quality food. Today’s students can savor a dining experience that rivals the best home cooking and their favorite restaurants?and college and university dining services departments are delivering just that. Program administrators realize that customer service and diner input are key.
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
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The Indiana Center for Applied Technology, focuses on manufacturing and provides career services through a state WorkOne office. |
7/1/2009
THE NEWS COMING OUT OF higher education these days can seem like an endless stream of updates on shrinking endowments, rising tuition costs, and across-the-board budget cuts. The recession is hitting higher education hard; it seems no one is being spared.
7/1/2009
IN THE CURRENT ECONOMIC environment, it comes as no surprise that some higher ed institutions are beginning to wonder whether a radical strategy like reducing sticker price would be the best way to maintain market share. This spring, deposits were lagging at many private IHEs, even at campuses where admit numbers were up. More families were appealing financial aid awards, and more institutions were responding to those appeals. Officials are concerned students may “melt away” before fall.
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.
6/1/2009
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JULY 1 WILL MARK THE START of the new budget year in most institutions across the country. Nothing new, as that’s the regular budget cycle of higher education.
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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DEFINE RISK. TO AN INVESTOR WHO'S NOT SQUEAMISH, RISK MIGHT BE putting money into the commodities market, where prices go up and down on a daily basis.
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.
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