Tuesday, February 10, 2015

Budget Building 101

Inside Higher Ed
February 10th, 2015

Balancing a college budget can be formidable and even disheartening task, especially when the ante goes up and the dollars, well, they’re often level at best. It can be just as challenging a task explaining the numbers to those who aren’t familiar with some of the realities or vocabularies of college finances. The problem is, that group can include parents, students, lawmakers and even faculty members.
The Associated Colleges of the Midwest thinks it can help bridge that gulf. With a $250,000 grant from the Andrew W. Mellon Foundation, the group launched the Institute on College Futures (ICF) two years ago as a way to talk finance with faculty of its member colleges.

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