Financial scenario modelling appears to offer the potential to help universities cope with an uncertain funding environment. By means of a questionnaire survey of UK universities, supported by interviews with members of finance departments, this paper explores the prevalence and construction of financial models used for scenario analysis.…

The business model of many U.S. higher education institutions is under serious stress from changing demographics, heightened consumer demands, flagging public confidence, and new competitors for educational credentials. Many institutions are struggling to sustain the suite of amenities and support services that students need or expect given the…

The purpose of this article was to critically explore the experiences and lessons of governance in higher education systems in the Commonwealth of Asia, and most importantly how these experiences and good practices can be applied to the governance and management of higher education in Commonwealth nations, especially in the Commonwealth of Africa.…

In current higher education fundraising models where alumni are aligned with their degree-granting unit, the academic library struggles to match the fundraising outcomes of its campus peers. A survey of seventy-nine fundraisers in academic libraries collected data on fundraising activity. It reveals common practices amongst fundraisers working in…

This study examines the effect of responsibility center management (RCM), a decentralized budget model, on total operating costs at the University of New Hampshire (UNH) and the University of Arizona (UofA). Both universities in the study implemented RCM with the primary goal of controlling costs, among other goals. To address the research…

Since establishing its first campus in 1868, the University of California (UC), California's land-grant university, developed into the nation's first multi-campus system in the United States, and is today widely recognized as the world's premier network of public research universities. This short essay provides an historical brief on the role that…

Budgets do not only pay the costs of activities. They also reveal the ambitions and limitations of an organization. The opportunities presented in a budget are also bounded by the structural elements used by that institution: how costs and revenues are organized, how overhead is calculated and apportioned, and how assets and investments are…

Resources in higher education steer colleges and universities both strategically and tactically. They drive incentives and accountability for faculty and staff while providing academics with the infrastructure they need in order to perform effectively. But while American colleges and universities remain the gold standard for worldwide higher…

Amongst the first of the challenges facing prospective first-year university students is the need to procure funding for their studies. Indeed, demand for funding for students to access higher education far exceeds supply in South Africa. One solution has been the creation of a government loan scheme, the National Student Financial Aid Scheme…

State support of community colleges has been reduced in recent years and is not expected to recover to previous levels, even though costs continue to rise. While many colleges have increased tuition in response to this situation, students cannot afford endless increases in tuition. While predicting the future is difficult, it is likely that…

The unification of South Korea and North Korea is a plausible idea yet it requires a comprehensive preparation in advance. As a method to achieve fiscal efficiency in public services, decentralization theory is consistently applied. However, the current literature and political reality argue that decentralization does not always hold its…

This is the first briefing in a new European University Association (EUA) series focused on evolving university governance. The present publication explores the governance set-up of the European University Alliances formed under the EU's European Universities Initiative. For the first time, the document presents a comparative overview of the…

Chapter 1 investigates asks the question how do financial frictions affect the type of human capital investments that students make in college? To study this question, I build a novel dataset covering more than 700,000 U.S. students, merging commencement records with address histories, credit bureau records, and professional resumes. I document…

The study employed qualitative methodology, relying on semi-structured interviews, in order to identify and analyze occurrences of the garbage-can decision-making model regarding resource attainment and allocation in Israeli schools. Results indicate that the garbage-can model of decision-making is salient when school principals try to use…

The first IDEA Public Schools' campus opened in 2000, just miles from the US-Mexico border in Donna, Texas. Fast-forward nearly two decades, and 79 IDEA public charter schools serve approximately 45,000 students across six regions, and those students consistently outperform their peers statewide on a range of metrics from proficiency to graduation…