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However, one private liberal arts school has transformed its enrollment strategy by bucking its traditional paradigm. In the face of a pending enrollment cliff, universities must seize the moment and embrace an enrollment shift, says Greg Clayton, president of enrollmentmanagement services at EducationDynamics, a partner of Unity.
It was predicted that the public Hispanic-serving institution (HSI) would face a structural operating deficit of over $22 million, a forecast that officials worried would hurt enrollment and other aspects of the school. Spring graduate, new undergraduate, and undergraduate transfer new enrollment are up by over 25% compared to last year.
” The first concern is an admitted student’s cost of enrollment and financial resources prior to starting at the institution, and then colleges must support the student in having the resources to graduate on time. Give special attention to building budgeting skills Budgeting was the No. What Is Financial Wellness?
Lindenwood University recently announced it’s letting go of 12 staff members and two faculty members and may decide not fill up to 50 positions in order to help cut its operating budget by 10%, St. ” The university also buffed up its application pool to help avoid a dip in enrollment. Louis Post-Dispatch reports.
Efficient allocation of budgets and staff. Provosts : Access operational insights related to budgetmanagement, research funding, faculty productivity, student risk assessment, academic program analysis, and cost-efficiency. Data-driven organizations are 23x more likely to gain and 6x more likely to keep customers.
“Our enrollment among adults and recent high school graduates has declined rapidly during the pandemic,” said Russ Deaton, executive vice chancellor for policy and strategy for the Tennessee Board of Regents. So dual enrollment is one of the major growth drivers right now.” percent of its total budget.
Max emphasizes that an effective enrollment marketing strategy starts with validating program demandusing keyword research, employer input, and prospective student testing before investing in development or advertising. Simple decisions like how a program is named can have a major impact. Its no longer enough to promote programs reactively.
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.
Here, we have organized all the work institutions must undertake to make progress on DEIJ into 33 mission-critical activities across six categories. -->. -->. --> Manage vision and strategy. -->. -->. -->. Meanwhile, no VPs of business and finance scored "update the budget process" highest. Activities. Activities. Activities.
Drumm McNaughton Implementing innovative structures in higher education is not an option; it's a necessity. President Mantella's approach is a how-to guide. Innovation Beyond Ideas Innovation isn’t confined to brainstorming sessions and novel concepts.
Drumm McNaughton’s Predictions for 2023 Continuing Decline in College Enrollment: A Closer Look at 2023’s Trends 2022 Prediction for 2023: College enrollment will continue to decline. In 2023, college enrollment continued its downward trajectory. Grade given by Deb Maue: A.
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