Articles: Revenues

Could the admission of Grand Canyon University (Ariz.) into the Western Athletic Conference help change the perception of for-profits among the higher education community?

Preached by a select few in academe who saw the recession approach like a speeding freight train, the do-more-with-less philosophy—finally—is gaining traction and critical leadership support in higher education both nationally and abroad. Yes, finally.

Successful business incubation at universities is about much more than a capable technology transfer office (TTO) and strong commercialization policies.

More than eight in 10 administrators surveyed—mainly controllers/budget officers and CFOs—say they’re very or somewhat concerned about their institutions’ ability to fund future capital investments. Two-thirds expressed concerns about maintaining enrollment.

Every three weeks, menu items rotate for The Flying Bison food truck located at Bucknell U.

The food truck craze that’s hit cities large and small across the nation has made its way to college and university campuses, offering up new dining options in new spots with more hours. Bringing a food truck to campus isn’t as easy as throwing in an oven and hoping students are hungry, though.

09/2012

You won’t find an college store named Rafter, Akadémos, or Neebo, but these companies have been reshaping the landscape of textbook buying, renting, and more.

What’s missing in this picture? Staff at the Brigham Young University Bookstore wheel out the textbook shelves after the term is underway to make room for a clothing boutique. The store now offers a wider array of merchandise that any other time in its 106-year history.

At the River Store in Ft. Pierce, Fla., it’s hard to miss the course textbooks stacked along multilevel, metal shelves, as well as the array of insignia T-shirts, sweatpants, hoodies, and caps bearing the Indian River State College logo and nickname, the Pioneers.

A third of all colleges and universities in the United States are in a weaker financial state today than before 2005, according to a new study.

07/2012

Higher One has achieved Oracle Validated Integration of its CASHNet payment processing suite 2012.2 with Oracle’s PeopleSoft Campus Solutions 9.0.

05/2012

Americans are increasingly choosing donor-advised funds (DAFs) as their preferred charitable giving vehicle. They have become the fastest growing vehicle in philanthropy, outnumbering private foundations by more than two-to-one.

(Ed Note: The university and its executive vice president referred to in this story have asked to remain anonymous.)

Can a university use efficiency methods from the corporate world while staying true to its values?

an arrow holding a dollar bill on a dartboard

As the name reveals, auxiliary services will never be directly related to the core mission of colleges and universities. But as ever-tightening resources have become the reality for institutions, the revenue-generating possibilities for these departments have become more important than ever.

The economic model theory addresses a fundamental question of how scarce resources should be deployed to generate maximum benefits. An economic model includes forecasting, planning, allocating resources, predicting growth, and evaluating risks.

Colleges and universities are increasingly turning to alternative revenue streams, such as grants, private donations, custom publishing, patents, real estate, and profitable graduate courses to help raise revenue.

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