Resources / Reports / The Need for Institutional Fiscal Responsibility

The Need for Institutional Fiscal Responsibility

Published Feb 2011
ihep
focus area Need-Based Aid

Brief commissioned by the Strada Education Fund that examines the role of assessing institutional financial management strategies given their direct relationship to student success

Commissioned by Strada Education Fund, this brief examines the role of assessing institutional financial management strategies given their direct relationship to student success. Colleges and universities face a number of economic and social conditions that affect institutional operations. Limited financial resources due to the nation’s economic recession and increased calls for improved degree productivity to meet civic and labor market demands as well as shifting demographic patterns create a challenging environment for postsecondary leaders and place a premium on sound institutional practice.