Several years ago I participated in a UB article called “Spotlight on Procurement.” The focus was on the emerging recognition of procurement as a key strategic contributor to the financial health of a university— rather than simply serving the tactical, back office transaction shop and “compliance cop” roles in which it was historically cast. After […]

While relying less on student tuition and fees is the ideal situation for many higher ed institutions, it's not surprising that finance administrators anticipate tuition revenue as the biggest funding boost for 2018. Other areas with a starring role in additional funding projections are student fees and advancement income, from both philanthropic and corporate donors. The 66 […]

Public universities are evolving their technology transfer activities but must take additional steps to address the demands of the innovation economy, according to a recent report from the Association of Public and Land-grant Universities. The report, “Technology Transfer Evolution: Driving Economic Prosperity,” finds public research universities moving beyond a transactional, revenue-driven approach to selling intellectual […]

When the finance team at Wofford College in South Carolina wanted to show it could support a slightly higher than average tuition increase, advanced financial software was on hand to make the case to the board of trustees. “We loaded historical sticker prices for Wofford and our peers into the software and then made a […]