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"In this volume of New Directions for Community Colleges, key issues and practices will be addressed on the following topics: The contemporary challenge of meeting growing demands for increased student persistence and success; diminishing state support for higher education; new calls for accountability and ways to measure institutional effectiveness; the increasing reliance of many community colleges on grants and other sources of revenue; and college policies that have significant financial ramifications" -- page 4 of cover.
Book Synopsis Budget and Finance in the American Community College by : Trudy H. Bers
Download or read book Budget and Finance in the American Community College written by Trudy H. Bers and published by John Wiley & Sons. This book was released on 2015-01-12 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this volume of New Directions for Community Colleges, key issues and practices will be addressed on the following topics: The contemporary challenge of meeting growing demands for increased student persistence and success; diminishing state support for higher education; new calls for accountability and ways to measure institutional effectiveness; the increasing reliance of many community colleges on grants and other sources of revenue; and college policies that have significant financial ramifications" -- page 4 of cover.
Smart financial management means more students served Community College Finance provides an introduction to best practices for community college leaders and their boards, with guidance on the complex regulations, processes, and considerations surrounding the financial management of these unique institutions. As community colleges continue to increase in importance, this book provides non-technical yet extensive information to guide current and future leaders toward the establishment of effective processes to secure and maintain the funding that is so crucial to the education and future of millions of students nationwide. Readers will gain insight into the background and foundation of community college finance and learn the essentials of practice in today's economic and political climate. The discussion covers student financial aid, tuition, budgeting, and more, and explores the future of federal policy and what it means for the institutions that play such a critical role in the nation's educational system. Over eight million students attend more than a thousand community colleges in the United States today, and those colleges are now facing the retirement of their founding generation of leadership. Meanwhile, the balance between traditional funding sources is shifting as new models and approaches are being implemented, and comprehensive, guiding resources are lacking. This book fills that need with expert insight reflecting current realities and a true understanding of the challenges community colleges face. Readers will: Delve into factors affecting funding and the cost of attendance Develop a budgeting style and process that serves the institution Learn to manage fiscal crises effectively without reducing standards Consider the future of federal policy and how it will affect budgeting At a time when a difficult economy raises questions about the value of higher education, the value that community colleges offer becomes ever more clear. Community College Finance provides the guidance leaders need to help their institutions flourish.
Book Synopsis Community College Finance by : Christopher M. Mullin
Download or read book Community College Finance written by Christopher M. Mullin and published by John Wiley & Sons. This book was released on 2015-03-06 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart financial management means more students served Community College Finance provides an introduction to best practices for community college leaders and their boards, with guidance on the complex regulations, processes, and considerations surrounding the financial management of these unique institutions. As community colleges continue to increase in importance, this book provides non-technical yet extensive information to guide current and future leaders toward the establishment of effective processes to secure and maintain the funding that is so crucial to the education and future of millions of students nationwide. Readers will gain insight into the background and foundation of community college finance and learn the essentials of practice in today's economic and political climate. The discussion covers student financial aid, tuition, budgeting, and more, and explores the future of federal policy and what it means for the institutions that play such a critical role in the nation's educational system. Over eight million students attend more than a thousand community colleges in the United States today, and those colleges are now facing the retirement of their founding generation of leadership. Meanwhile, the balance between traditional funding sources is shifting as new models and approaches are being implemented, and comprehensive, guiding resources are lacking. This book fills that need with expert insight reflecting current realities and a true understanding of the challenges community colleges face. Readers will: Delve into factors affecting funding and the cost of attendance Develop a budgeting style and process that serves the institution Learn to manage fiscal crises effectively without reducing standards Consider the future of federal policy and how it will affect budgeting At a time when a difficult economy raises questions about the value of higher education, the value that community colleges offer becomes ever more clear. Community College Finance provides the guidance leaders need to help their institutions flourish.
"It is by far the best study that I know of on community colleges. It comes at a critical time in the history of these institutions. It is carefully reasoned, beautifully written, and sound in its conclusions."—Howard R. Bowen; Professor of Economics and Education, Claremont Graduate School "...and excellent piece of work....Its quality is high and the book is significant. Its significance stems from the fact that it deals with an area of higher education not yet explored by other writings."—Earl F. Cheit; Dean, Schools of Business Administration; University of California, Berkeley "...a great job of describing and clarifying the issues....The book should become 'required reading' for our field...a very fine piece of work that will be a valuable tool for educators, students, and policy-makers."—Roger Yarrington; Vice President, Research and Development, American Association of Community and Junior Colleges "...a thorough job of compiling the pertinent data; of identifying key questions; and of focusing upon central, rather than tangential, issues....Leaders and policy-makers in community colleges and in governmental positions will undoubtedly find the work an invaluable resource."—Bill J. Priest; Chancellor Emeritus, Dallas County Community College District
Book Synopsis Financing Community Colleges by : David Breneman
Download or read book Financing Community Colleges written by David Breneman and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: "It is by far the best study that I know of on community colleges. It comes at a critical time in the history of these institutions. It is carefully reasoned, beautifully written, and sound in its conclusions."—Howard R. Bowen; Professor of Economics and Education, Claremont Graduate School "...and excellent piece of work....Its quality is high and the book is significant. Its significance stems from the fact that it deals with an area of higher education not yet explored by other writings."—Earl F. Cheit; Dean, Schools of Business Administration; University of California, Berkeley "...a great job of describing and clarifying the issues....The book should become 'required reading' for our field...a very fine piece of work that will be a valuable tool for educators, students, and policy-makers."—Roger Yarrington; Vice President, Research and Development, American Association of Community and Junior Colleges "...a thorough job of compiling the pertinent data; of identifying key questions; and of focusing upon central, rather than tangential, issues....Leaders and policy-makers in community colleges and in governmental positions will undoubtedly find the work an invaluable resource."—Bill J. Priest; Chancellor Emeritus, Dallas County Community College District
This book will help new administrators (department chairs, directors, deans) understand and become more proficient in their financial management role within the institution. Highly accessible, practitioners will be able to put the book's guidance to immediate use in their work. It is also grounded in the latest knowledge base and filled with examples from across all types of institutions, so that it makes an ideal text for a courses in graduate programs in higher education leadership and administration. Specifically, the book: • provides an understanding of the basics of budgeting and fiscal management in higher education • defines the elements of a budget, the budget cycle, and the steps for creating a budget • suggests ways of avoiding common pitfalls and problems of managing budgets • contains effective strategies for dealing with loss of resources • includes end-of-chapter reflection questions and an expanded glossary of terms Written in plain language this volume provides practical approaches to many complex problems in fiscal management. This new edition of the book contains new information in every chapter reflecting both the most recent developments in higher education and feedback from readers of the earlier edition. The information on the current higher education financial environment has been updated, and the case studies have been revised. Readers will be introduced to Bowen's theory of resources and expenses as an important way to understand budgetary decision making in colleges and universities. Special attention is paid to the use of restricted funds, the budget implications of faculty appointments and the challenges caused by personnel policies for staff. In addition, greater attention is given to development and implementation of repair and replacement programs in auxiliary enterprises. The challenges that arise when budget problems are postponed are also discussed. The volume contains a number of suggestions for practitioners with new budgeting and fiscal responsibilities.
Book Synopsis Budgets and Financial Management in Higher Education by : Margaret J. Barr
Download or read book Budgets and Financial Management in Higher Education written by Margaret J. Barr and published by John Wiley & Sons. This book was released on 2018-01-31 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help new administrators (department chairs, directors, deans) understand and become more proficient in their financial management role within the institution. Highly accessible, practitioners will be able to put the book's guidance to immediate use in their work. It is also grounded in the latest knowledge base and filled with examples from across all types of institutions, so that it makes an ideal text for a courses in graduate programs in higher education leadership and administration. Specifically, the book: • provides an understanding of the basics of budgeting and fiscal management in higher education • defines the elements of a budget, the budget cycle, and the steps for creating a budget • suggests ways of avoiding common pitfalls and problems of managing budgets • contains effective strategies for dealing with loss of resources • includes end-of-chapter reflection questions and an expanded glossary of terms Written in plain language this volume provides practical approaches to many complex problems in fiscal management. This new edition of the book contains new information in every chapter reflecting both the most recent developments in higher education and feedback from readers of the earlier edition. The information on the current higher education financial environment has been updated, and the case studies have been revised. Readers will be introduced to Bowen's theory of resources and expenses as an important way to understand budgetary decision making in colleges and universities. Special attention is paid to the use of restricted funds, the budget implications of faculty appointments and the challenges caused by personnel policies for staff. In addition, greater attention is given to development and implementation of repair and replacement programs in auxiliary enterprises. The challenges that arise when budget problems are postponed are also discussed. The volume contains a number of suggestions for practitioners with new budgeting and fiscal responsibilities.
This review of state approaches to community college financing includes information from 42 states, representing 97% of the total community college enrollments in the country. Section I offers a brief analysis of the status of community college financing in 1988, highlighting several changes in resource allocation methods. The report notes that funds are directed to institutions on the basis of individual and/or system negotiation instead of by full-time student equivalent (FTE); that the political influence of the system/institution has increasingly become a major factor in determining allocations; and that states are increasingly computing allocations based on a "cost to continue" with an increased number of instances of funding for defined categorical aid. Section II presents tables showing, for each state: (1) operating funds by source; (2) sources of state appropriations by percent for general operating and unrestricted funds; (3) mean expenditures of operating costs for credit programs; (4) rank order of states by reported expenditure per FTE student; (5) states reporting or anticipating changes in methods of financial support; (6) state funds which are categorical or for limited use; (7) sources of funds for capital outlay; (8) sources of funding for noncredit courses; (9) tuition/fee changes; (10) financial aid changes; (11) state provisions for colleges experiencing enrollment declines; and (12) state financial problems. Section III offers brief case studies of the financial situation in each state, grouped by type of funding method. Finally, section IV suggests revised criteria for financing community colleges. A 23-item bibliography is included. (UCM)
Book Synopsis Financing Community Colleges, 1988 by : James Lorenzo Wattenbarger
Download or read book Financing Community Colleges, 1988 written by James Lorenzo Wattenbarger and published by American Association of Community Colleges(AACC). This book was released on 1988 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review of state approaches to community college financing includes information from 42 states, representing 97% of the total community college enrollments in the country. Section I offers a brief analysis of the status of community college financing in 1988, highlighting several changes in resource allocation methods. The report notes that funds are directed to institutions on the basis of individual and/or system negotiation instead of by full-time student equivalent (FTE); that the political influence of the system/institution has increasingly become a major factor in determining allocations; and that states are increasingly computing allocations based on a "cost to continue" with an increased number of instances of funding for defined categorical aid. Section II presents tables showing, for each state: (1) operating funds by source; (2) sources of state appropriations by percent for general operating and unrestricted funds; (3) mean expenditures of operating costs for credit programs; (4) rank order of states by reported expenditure per FTE student; (5) states reporting or anticipating changes in methods of financial support; (6) state funds which are categorical or for limited use; (7) sources of funds for capital outlay; (8) sources of funding for noncredit courses; (9) tuition/fee changes; (10) financial aid changes; (11) state provisions for colleges experiencing enrollment declines; and (12) state financial problems. Section III offers brief case studies of the financial situation in each state, grouped by type of funding method. Finally, section IV suggests revised criteria for financing community colleges. A 23-item bibliography is included. (UCM)
There is a void in the literature on how to conduct research in the finance and economics of higher education. Students, professors, and practitioners have no concise document that examines the field, provides history, definitions of terms, sources of data, and research methods. Higher Education Finance Research: Policy, Politics, and Practice fills that void. The book is structured in four parts. The first section provides a brief history and description of the general organization of American higher education, the sources and uses of funds over the last 100 years, and who is served in what types of institutions. Definitions of terms that are unique to higher education are provided, and some basic rules for conducting research on the economics and finance of higher education are established. Although in some ways, conducting research in higher education funding is similar to that for elementary/secondary education, there are some important distinctions that also are provided. The second section introduces guiding philosophies, sources of data, data elements/vocabulary, metrics, and analytics related to institutional revenues and expenditures. Chapters in this section focus on student oriented revenues, institutionally-oriented revenues, and funding formulas. The third section introduces accountability-related concepts by first examining the accountability movement in higher education and performance-based approaches applied in budgeting and funding, then looking at methods to determine public and private returns on investment in postsecondary education, and closing with an examination of finance from the perspective of the primary consumer: students. The fourth and last section of the book focuses on presenting postsecondary finance research to policy audiences to assist in connecting academic research and policy making. Chapters focus on accounting for time considerations in analysis, the placing of data in context to make the data and findings relevant, and ways to effectively communicate findings to various policy-making audiences.
Book Synopsis Higher Education Finance Research by : Mary P. McKeown-Moak
Download or read book Higher Education Finance Research written by Mary P. McKeown-Moak and published by IAP. This book was released on 2014-02-01 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a void in the literature on how to conduct research in the finance and economics of higher education. Students, professors, and practitioners have no concise document that examines the field, provides history, definitions of terms, sources of data, and research methods. Higher Education Finance Research: Policy, Politics, and Practice fills that void. The book is structured in four parts. The first section provides a brief history and description of the general organization of American higher education, the sources and uses of funds over the last 100 years, and who is served in what types of institutions. Definitions of terms that are unique to higher education are provided, and some basic rules for conducting research on the economics and finance of higher education are established. Although in some ways, conducting research in higher education funding is similar to that for elementary/secondary education, there are some important distinctions that also are provided. The second section introduces guiding philosophies, sources of data, data elements/vocabulary, metrics, and analytics related to institutional revenues and expenditures. Chapters in this section focus on student oriented revenues, institutionally-oriented revenues, and funding formulas. The third section introduces accountability-related concepts by first examining the accountability movement in higher education and performance-based approaches applied in budgeting and funding, then looking at methods to determine public and private returns on investment in postsecondary education, and closing with an examination of finance from the perspective of the primary consumer: students. The fourth and last section of the book focuses on presenting postsecondary finance research to policy audiences to assist in connecting academic research and policy making. Chapters focus on accounting for time considerations in analysis, the placing of data in context to make the data and findings relevant, and ways to effectively communicate findings to various policy-making audiences.
Sustaining fiscal support for community colleges has becoming increasingly difficult in an era marked by recurrent recessions, legislator reluctance to raise taxes, and intense competition for scarce resources from health care, K-12 education, and other pressing demands on state treasuries. After introductory chapters that provide historical, political, and economic perspectives on the fiscal environment in which commuity colleges operate, this volume describes institutional approaches to securing adequate funding in the face of fiscal uncertainty. Chapter authors provide guidelines for fundraising, leveraging corporate support through cooperative education programs, securing government grants for workforce development, managing mill levy elections for increased local tax support, and realigning budget priorities in the face of economic downturns. The volume also discusses the implications of today's changing fiscal environment for community college presidents and the skills they need to sustain adequate funding in the face of unpredictable revenue streams. This is the 132nd volume of the Jossey-Bass quarterly report series New Directions for Community Colleges.
Book Synopsis Sustaining Financial Support for Community Colleges by : Stephen G. Katsinas
Download or read book Sustaining Financial Support for Community Colleges written by Stephen G. Katsinas and published by Jossey-Bass. This book was released on 2005 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustaining fiscal support for community colleges has becoming increasingly difficult in an era marked by recurrent recessions, legislator reluctance to raise taxes, and intense competition for scarce resources from health care, K-12 education, and other pressing demands on state treasuries. After introductory chapters that provide historical, political, and economic perspectives on the fiscal environment in which commuity colleges operate, this volume describes institutional approaches to securing adequate funding in the face of fiscal uncertainty. Chapter authors provide guidelines for fundraising, leveraging corporate support through cooperative education programs, securing government grants for workforce development, managing mill levy elections for increased local tax support, and realigning budget priorities in the face of economic downturns. The volume also discusses the implications of today's changing fiscal environment for community college presidents and the skills they need to sustain adequate funding in the face of unpredictable revenue streams. This is the 132nd volume of the Jossey-Bass quarterly report series New Directions for Community Colleges.
A wide-ranging examination of the governmental and institutional policies and practices, and essential theories and areas of research that in combination establish the foundation, explore and extend the boundaries, and expand the base of knowledge in the field of higher education finance. (Education)
Book Synopsis The Finance of Higher Education by : Michael B. Paulsen
Download or read book The Finance of Higher Education written by Michael B. Paulsen and published by Algora Publishing. This book was released on 2001 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide-ranging examination of the governmental and institutional policies and practices, and essential theories and areas of research that in combination establish the foundation, explore and extend the boundaries, and expand the base of knowledge in the field of higher education finance. (Education)
Book Synopsis Financing California's Community Colleges by : Patrick J. Murphy
Download or read book Financing California's Community Colleges written by Patrick J. Murphy and published by Public Policy Instit. of CA. This book was released on 2004-01-01 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt:
What do equity-oriented practices look like in different community college contexts? Given the increasing role of the community college in realizing equitable outcomes for students, examples of what practitioners are doing to move forward an equity agenda are urgently needed. The diverse perspectives and issues in these chapters explicitly advance an equity agenda and offer: Conceptual and empirical rationales to support equity-oriented practices, Examples of programming and practice that support the lives and livelihoods of underserved student populations, and Examples of policy, programming, and thinking that emphasize the role of the community college in expanding educational opportunity for underserved students. Driven by a change in thinking and imagination, these examples show how practitioners can—and should—tailor programming in light of larger patterns of inequality. This is the 172nd volume of this Jossey-Bass quarterly report series. Essential to the professional libraries of presidents, vice presidents, deans, and other leaders in today's open-door institutions, New Directions for Community Colleges provides expert guidance in meeting the challenges of their distinctive and expanding educational mission.
Book Synopsis Understanding Equity in Community College Practice by : Erin L. Castro
Download or read book Understanding Equity in Community College Practice written by Erin L. Castro and published by John Wiley & Sons. This book was released on 2015-12-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do equity-oriented practices look like in different community college contexts? Given the increasing role of the community college in realizing equitable outcomes for students, examples of what practitioners are doing to move forward an equity agenda are urgently needed. The diverse perspectives and issues in these chapters explicitly advance an equity agenda and offer: Conceptual and empirical rationales to support equity-oriented practices, Examples of programming and practice that support the lives and livelihoods of underserved student populations, and Examples of policy, programming, and thinking that emphasize the role of the community college in expanding educational opportunity for underserved students. Driven by a change in thinking and imagination, these examples show how practitioners can—and should—tailor programming in light of larger patterns of inequality. This is the 172nd volume of this Jossey-Bass quarterly report series. Essential to the professional libraries of presidents, vice presidents, deans, and other leaders in today's open-door institutions, New Directions for Community Colleges provides expert guidance in meeting the challenges of their distinctive and expanding educational mission.
