Identify the higher education funding model used

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Question 1 - The finance office staff is meeting to identify new sources of funding for the college. After researching funding trends, corporate-institution partnerships and capital campaigns were identified as 2 strategies of interest. To determine the best strategy, additional information should be considered.

1. What are corporate-institution partnerships and capital campaigns?

2. How can institutions build corporate partnerships?

3. How will success of the partnership be measured?

4. What steps are involved in capital campaigns?

5. How will the development officer participate in coordinating the campaign?

6. What are some basic criteria for identifying the best funding solution? Please describe.

Question 2 - Federal and state funding make up a substantial share of public college and university budgets. States have different approaches for allocating resources to higher education and are influenced by political agendas. Some states use one or more of the following approaches: incremental funding, formula funding, and performance-based funding.

1. Identify the higher education funding model used in the state where you work and compare it with one other state.

2. Describe the 3 types of funding-incremental funding, formula funding, and performance-based funding.

3. Explain your state's funding approach to higher education institutions.

4. Select another state and highlight some differences compared to your state's funding approach.

5. Make recommendations for improving funding in your state and provide a rationale for each.

6. If there are no recommendations, provide a rationale for agreeing with your state's approach to funding higher education.

Reference no: EM133250438

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