Three federal grant programs support colleges that qualify as Hispanic-Serving Institutions, or HSIs. The funding covers student support services and other initiatives—such as professional development to train administrators, faculty and staff to work more effectively with students whose first language may not be English.
Capital fundraising retains a top slot among institutional fundraising priorities due to renovation and construction imperatives, new program requirements and the need to update technology. In addition to broader capital campaigns and a razor-sharp focus on major donors, more institutions are seeking support from the business sector.
From cashing in on beer sales at football games to providing community members with a safe way to trash old electronics for a fee, administrators are looking beyond tuition and endowments to make up for budget shortfalls.
More than 165 college and university presidents have asked President Obama and Congress to help close the “innovation deficit.” In an open letter coordinated by the Association of American Universities (AAU) and the Association of Public and Land-grant Universities (APLU), the presidents urge them not to cut additional research and education discretionary spending. By coining the phrase “innovation deficit,” they hope to spark national and local conversations.
In the life of an institution, the chief financial officer helps drive the big narrative, but also digs down into the day-to-day. A CFO is strategist and analyst, decision-maker and inspirer, and protector and possibility-seeker all in one.