Articles: Financial Services

03/2014
Jeffrey G. Eisenbarth is vice president for business and finance as well as treasurer for Rollins College.

Central Florida is one of the country’s most popular tourist destinations, so it makes sense that hospitality enterprises can be counted on to provide a financial boost—even to higher education institutions.

03/2014

The University of Wisconsin’s all-you-can-learn, competency-based flex program—designed for adult students—started in January. Students can pay $2,250 for a three-month, all-you-can-learn subscription, or just $900 to work on a single set of competencies, says Vice Chancellor Aaron Brower, the interim provost of the UW Extension School.

03/2014
Gene Wade is CEO of University Now, parent company of Patten University.

Since last June, students at the for-profit Patten University have been able to take all-you-can-learn, competency-based programs online and at the institution’s campus in Oakland, Calif.

02/2014
Institutions are increasing efforts to equip those in a broad array of campus leadership positions with the skills they need to identify and woo potential donors.

The University of Florida’s last fundraising campaign, completed in October 2012, surpassed its $1.5 billion goal and finished nine months ahead of schedule at $1.72 billion.

02/2014
A high-demand winter course at Long Beach City College will cost residents $225.

California has been experimenting with charging higher tuition rates for high-demand courses offered during the winter and summer. The accompanying infographic breaks down what students are paying.

02/2014

Workforce development has long been a bastion of the community college environment. But with student-loan debt topping $1 trillion and enrollments falling, many four-year colleges and universities are devoting more attention to the area, in part as a way to boost their own relevance within a challenging global economy.

02/2014

Industry-driven
A Toyota workforce study revealed: Within 10 years, at least 200 employees in their Indiana manufacturing plant would retire.
Action: Partner with university to launch the Toyota Advanced Manufacturing Technician Program

01/2014
Part-time students and their needs need not get lost when continuing education gets decentralized. Fairfield U reaches out to its part-timers, many of whom have young children, with events such as the Halloween-themed “Night at the Museum,” held this fall on campus at the Bellarmine Art Museum.

With funding cuts, falling enrollments and increased competition from MOOCs and other low-cost online programs, higher education has been under enormous pressure in recent years. But pressure often leads to positive change, and many schools are looking at continuing education as an ideal area for that change.

01/2014
Construction budgeting software allows Southern Methodist U to maintain a digital record of projects and ensure future projects have adequate funding for site development and other line items.

A Midwestern state university budgeted about $12 million for a major addition to its library several years ago. At the time, there was not a tightly controlled project planning process at the institution and the library’s plaza—already a major central gathering space on campus—was not included in the proje... Read more>>

01/2014
Sidewalks weren't part of the construction project budget for the Hurvis Center at Lawrence U, but that piece was still planned ahead, through a local landscaper.

In some cases, colleges and universities will opt to fund some site development items, such as landscaping, as an operational cost instead of a capital cost.

But the decision depends on owner needs and should still be made in advance, during the budgeting process for the entire project. Here’s how two institutions have approached the decision:

01/2014
The Loyola platform is a one-stop shop for tracking and spending points.

“Engage with the career center” sounds a bit like “eat your vegetables” to a college student. Students know they should access career planning resources, but other options from the campus activities buffet beckon.

01/2014

What makes a college or university more likely to attract million-dollar gifts? It may not be surprising to learn that longer presidential tenure, the age of an institution, strong alumni networks, and national college rankings help schools win big donations.

01/2014
Source: Association of Certified Fraud Examiners; 2012 data/Graphic by Edie Sutton

Despite what many working for higher education institutions may believe, the campus is a common setting for fraud. In fact, the Association of Certified Fraud Examiners’ latest “Report to the Nations on Occupational Fraud and Abuse” identified education as one of the top five industries for reported cases of occupational fraud.

01/2014

Spencer Parker had a plan: Take his high school volleyball stardom to college, spend a couple of years at a smaller school to develop his academic and athletic skills, then move on to a larger setting.

12/2013
Education is now one of the top five industries for reported cases of occupational fraud.

What do a private liberal arts college, a public community college and a high-ranking national university all have in common? Each recently reported six-figure occupational fraud losses.

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