Achieving successful financial viability by broadening revenue sources is one of the most important issues facing colleges and universities today.
Increasing operating costs, along with the reliance on traditional student tuition, government support, and philanthropy, are challenging universities. One way administration leaders and faculty are meeting this challenge is to establish supplemental revenue streams from a variety other sources such as:These types of activities, formerly considered secondary ventures, are now integral to lasting and responsible financial strategic planning.
- continuing education,
- credit and noncredit certificates,
- degree completion and upgrade programs,
- study abroad,
- domestic and international branch campuses,
- distance education,
- auxiliary services,
- technology transfer, and
- partnerships or alliances with other organizations.
This monograph examines a wide variety of supplemental income options and opportunities, as well as examples of restructuring financial planning schema. While not negating the value of traditional college education, these new revenue sources in fact lead to greater institutional effectiveness.
This is the 1st issue of the 41th volume of the Jossey-Bass series ASHE Higher Education Report. Each monograph is the definitive analysis of a tough higher education issue, based on thorough research of pertinent literature and institutional experiences. Topics are identified by a national survey. Noted practitioners and scholars are then commissioned to write the reports, with experts providing critical reviews of each manuscript before publication.
- ISBN13 9781119049142
- Publish Date 16 December 2014 (first published 1 January 2014)
- Publish Status Active
- Publish Country US
- Publisher John Wiley & Sons Inc
- Imprint Standards Information Network
- Format eBook
- Pages 152
- Language English
- URL http://wiley.com/remtitle.cgi?isbn=1119049148