Leaders at DeSales University netted a cool $2.5 million, optimized their IT infrastructure and improved their cybersecurity in one fell swoop. Here's how small private universities can do the same.
Institutions today are seeking to become leaner operationally while growing their revenue, and they're improving tech infrastructure to reap big rewards for the years to come, according to BDO's latest survey.
Remaining PAC-12 universities are at risk of losing millions of dollars on bowl revenue, ticket sales and brand recognition—and billions in a media deal.
Many institutions continue to rely on outdated financial planning tools. Nearly 50% still use spreadsheets for forecasting and tuition projections, and nearly a third use spreadsheets for budgeting, according to a Syntellis survey.
With a thoughtful and learner-centric approach to education, institutions can continue to support students and faculty no matter who or where they are.
A new acquisition by the University of Idaho will expand its academic offerings and student outreach amid higher education's sweeping demographic changes.
The school's enrollment—and consequently, its revenue—has suffered from a dwindling pool of local high school students and a lack of interest among those graduates for a college education, according to the Board's letter.