Articles: Revenues

03/2014
The University of Puget Sound has received a series of bitcoin donations.

The University of Puget Sound in February became the first higher ed institution to accept a gift of digital currency, when alumnus Nicolas Cary gave the Washington school 14.5 bitcoins—equal to $10,000.

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.

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.

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

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.

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.

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.

12/2013
Oregon State is one of three universities to be governed by an independent board.

In a climate of declining state funding, Oregon higher ed policy leaders needed to bring in more resources while taking some of the burden off students.

11/2013
At the University of Alabama, athletics fans can check out the Bryant Museum, covering UA sports history. It’s just one of several revenue-generating spots on campus where payments are made.

From the sale of tickets to athletic or performing arts events, to housing and parking fees and fines, as well as merchandise sales and event sponsorships, there are myriad alternative sources of revenue coming in to v

11/2013

Upon deciding that a more uniform approach was required when it came to the nontuition revenue being generated by departments across campus, The University of Alabama officials established policies designed to regain control of what had been, up to that point, highly decentralized.

11/2013

At Armstrong Atlantic State University, the business and finance department created a policy in 2011 that covers how to establish any revenue-producing activity.

11/2013

When it comes to nontuition payments, college and university officials want the best of both worlds, says Daryl Robinson, director of higher education product development and strategy for Nelnet Business Solutions.

11/2013

It won’t quite be describable as a MOOC at first. But that’s one direction that Georgia Tech’s College of Computing can imagine going with its soon-to-be-rolled-out online master’s program, which will start as a pilot in January.

11/2013

Online education providers say university and college clients considering developing MOOCs as a long-term strategy need to think about the economies of scale gained and how long courses can last before the content gets out of date.

11/2013
See which colleges and universities are paving the way in analyzing business models for MOOCs

An increasing number of colleges and universities are offering MOOCs, but few have crunched the numbers to determine whether these online courses can succeed as a business proposition.

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