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NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financialaid. Colleges tapped into their endowments for a variety of reasons, but primarily for student financialaid.
The topics covered included student success, budget models, change management, and more. Projects addressed topics such as program review, data strategy, budget models, enrollment growth, and more. The blog posts below are written by the participants to showcase their project and early outcomes.
Several large universities, including West Virginia University and the University of Nebraska Lincoln, faced significant budget cuts. These reductions were indicative of the financial strain even larger institutions experienced, reflecting the widespread nature of the enrollment crisis.
These developments have immediate and long-term consequences for college presidents, boards, financialaid departments, and the students they serve. Critical Functions Cut: Whats Gone and Whats Left Federal Student Aid (FSA) FSA was among the hardest-hit divisions. However, civil rights functions extend well beyond DEI.
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