The Education Scholarship Account (ESA) Act allows parents to use the funds that would have been allocated to their child at their resident school district for an education program of the parents' choosing. The Act identifies student eligibility as well as approved educational expenses. The Act establishes procedures for parents to apply to the…

The reauthorization of the U.S. Elementary and Secondary Education Act, referred to as the Every Student Succeeds Act (ESSA), emphasizes evidence-based initiatives while providing new flexibilities to states and districts with regard to the use of federal funds, including funds to promote effective school leadership. In response, state and…

The goal of this introductory implementation guide is to provide practical guidance for designing, implementing, and managing a green revolving fund (GRF) at a college, university, or other institution. The GRF model is widespread in higher education, with at least 79 funds in operation in North America representing over $111 million in committed…

This toolkit is designed to help community schools evaluate their efforts so that they learn from their successes, identify current challenges, and plan future efforts. It provides a step-by-step process for planning and conducting an evaluation at your community school site(s). The toolkit is a practical, hands-on guide that makes it possible for…

Over the past decade, strategic enrollment management (SEM) has become a major force in the organization and practice of higher education. With limited financial resources for financial aid, institutions must balance the need to attract and admit a freshman class that fits well with the institution and also provide the necessary financial support…

Securing appropriate facilities can be a significant challenge for those intending to open a charter school. Although, like all public schools, charter schools receive per-pupil dollars from the state, they generally receive considerably less. Additionally, because traditional public schools rely on their district to provide their school…

Asserts that the capital planning process will largely determine the future physical character of an institution and the capability of facilities to support its programs adequately; suggests a synthesis of innovative approaches to traditional capital planning practices; and presents key elements of a recommended capital planning model. (EV)

This document describes the comprehensive analytical framework for school finance used by the Illinois State Board of Education to assist policymakers in their decisions about equitable distribution of state aid and appropriate levels of resources to meet the varying educational requirements of differing student populations. This framework, the…

This paper examines the approach of the Higher Education Funding Council for England (HEFCE) to institutional strategy and planning, set out in 2000 in "Strategic Planning in Higher Education: A Guide for Heads of Institutions, Senior Managers and Members of Governing Bodies" ("the Guide"). It considers the general lack of…

This guide presents a financial model that affects all governmental entities that issue financial statements in conformity with Generally Accepted Accounting Principles (GAAP). The model was prepared to provide school business officials specific examples of school system financial-statement presentations. The guide is divided into six chapters.…

(NOTE: This journal was titled "Higher Education Review" from its inception in Fall 1977 through this issue; beginning Fall 1978 it was renamed "Review of Higher Education.") Marginal utility analysis and zero-base budgeting are described and applied to resource allocations. Related theoretical and practical issues are assessed…

An enrollment-driven model for estimating instructional costs is presented in this paper as developed by the Western Interstate Commission for Higher Education (WICHE). After stating the principles of the WICHE planning system (i.e., various categories of data are gathered, segmented, and then cross-tabulated against one another to yield certain…

The Crisis Prevention Analysis model offers a framework for simple, straightforward self-appraisal by college administrators of problems in the following areas: fiscal, faculty and staff, support functions, and goals and attitudes areas. (MSE)

An approach used at Worcester Polytechnic Institute (Massachusetts) to explain the complexity of budget balancing to the institutional community is described. The model used facilitates the determination of necessary conditions for achieving budget equilibrium and suggests some approaches to restructuring expenses to ensure equilibrium. Four…

An effective college or university budget process is dependent on the culture of the institution. Different processes and budget types are appropriate to different institutions. Understanding the interrelationships of budgeting, planning, and financial modeling can help make the budget more predictable and relevant to the college's values and…