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.
Articles: Financial Services
12/23/2011
The Occupy movement that has swept the nation—and the world—also has a home at many colleges and universities. Long associated with protests, and historically touted as the home of open discourse, American colleges and universities have had a difficult balancing act on their hands: how to promote free speech while maintaining safety on campus.
12/22/2011
In light of the current economic conditions and the decreased value of most endowments, many organizations are re-examining their investment strategies. Often overlooked: Spending policies must have not just the proper annual spending amount but also be adequately defined.
12/22/2011
Given the pervasive use of mobile devices, could handheld technology replace campus card programs altogether? After all, aiming a device at a residence hall keypad, or paying for vending snacks by waving a cell phone at the machine, are already possible, as is automated check-in at events, purchases at tech-savvy retailers, and connection to banking services.
12/22/2011
Campus cards have come a long way since their initial uses related to door access and meal plan tracking. Increasingly, colleges and universities are turning campus cards into function-packed systems, with subsequent benefits related to efficiency, revenue generation, and off-campus partnerships. Here are 10 best practices for getting the most out of your campus card program.
11/29/2011
Steve Jobs once opined, “It’s more fun to be a pirate than to join the Navy.” Today, this classic metaphor provides us with a cogent expression of Jobs’ counter-intuitive resistance to the temptation of conformity, and his passionate desire to explore uncharted territory and discover unfound treasures.
11/29/2011
Proposals are in from institutions vying to build a tech campus in the “city that never sleeps” as part of the “Applied Sciences NYC” initiative. It’s the beginning of an effort to bring New York City to the forefront of technology start-ups and innovation. The request for proposal was announced in July by Mayor Michael R.
11/29/2011
Everyone in higher education at last understands that important components of “the public”—state and federal officials, nongovernmental accrediting bodies, and prospective students and their parents—expect a college to cite compelling evidence that students learn a great deal at that institution. Officials who are most eager to make evidence available believe students will enroll only in colleges demonstrating that their graduates experience impressive intellectual growth over four years.
11/29/2011
In September, the Department of Education and the Department of Labor announced $500 million in grants for community colleges to improve job training and workforce development programs as part of the Trade Adjustment Assistance Community College and Career Training initiative.
Thirty-two grantees were announced in this round, ranging from individual institutions to consortia that bring together colleges statewide or across state lines.
Some highlights:
11/29/2011
Veterans returning to civilian life will find it easier to get education and employment with a new “memorandum of understanding” between California Community Colleges (CCC) and the California Department of Veterans Affairs (CalVet).
11/29/2011
It’s a simple idea for community colleges that sounds almost archaic: Check the help wanted ads and shape programs around available jobs. In practice, the idea involves new, sophisticated “spidering” and artificial intelligence technologies that can aggregate and analyze online job ads, providing a comprehensive source of information.
11/29/2011
Community colleges have long been seen as a good place for students to brush up on their skills before tackling college-level course work. The state legislatures in Ohio and Tennessee have recently decided to have public four-year institutions get out of the developmental ed game as much as possible, and leave those classes to the experts.
11/29/2011
Leaders from 16 community colleges around the country gathered at the White House in September to participate in a roundtable discussion on the role community colleges play in America. The discussion was part of the Obama administration’s Champions of Change program, a weekly initiative to highlight Americans who are making an impact in their communities and helping to meet the many challenges of the 21st century.
11/29/2011
At one time, each of Connecticut’s 12 community colleges ran its own financial aid office by its own rules. Ten years later, the Connecticut Community College System has doubled the number of students. Now all 12 colleges use FAFSA alone to determine eligibility. All use the same “satisfactory academic progress” requirement for students who receive aid and those who don’t.
11/29/2011
Working one’s way through college is the norm for community college students: 85 percent work part- or full-time. With an average tuition bill of $2,713 a year, only 13 percent turn to student loans.
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