The effects on universities of different kinds of accountability mechanisms are examined, and ways are suggested in which higher education institutions can discharge their obligations to society while preserving their intellectual and fiscal integrity. (Author/LBH)

To study best practices in the area of international exchange, a survey was conducted of member institutions of the National Association of State Universities and Land Grant Colleges. Responses were received from 19 institutions about practices, activities, services, and other program aspects considered to be exemplary. Questions were also asked…

Wisconsin's Waukesha County Technical College has been cited by the Government Finance Officers Association for prematurely recognizing property tax revenues. The outcome of the dispute will also affect other Wisconsin Technical Colleges and school districts in Wisconsin, Ohio, and Illinois. (MLF)

In late 1994, the United States Securities and Exchange Commission (SEC) issued new rules applicable to issuers of municipal securities (including school districts) concerning disclosure to the investment community. Describes how SEC's existing Rule 15c2-12 has been implemented. Discusses its purpose, jurisdiction, obligated persons, written…

Reviews two approaches to educational finance reform: one state-initiated (Indiana's 1993 problem-driven school-funding formula), the other federally initiated (Individuals with Disabilities Education Act). Applies lessons from these two approaches to current state efforts to reform local public schools. (Contains 16 references.) (PKP)

This paper discusses the cost and purpose of regulation in the higher education sector in the United Kingdom. Higher education is changing fast, facing competition from around the world and offering new economic drive in Britain's regions. Tuition fees bring much needed investment to this growing sector. This means a new challenge for funding…

This document contains proceedings of hearings which examined the need for school finance reform, with a focus on the adequacy of educational finance in the United States and its effect on the quality of education. They also explored whether or not there should be a federal role in educational finance, and if so, what that role should be, and what…

Yale University's on-line examination of accounting and administrative systems is discussed. Program goals are to review financial management systems at the university to identify weaknesses in internal controls, and to fulfill all audit requirements of federal grants and contracts. After outlining the quarterly audit cycle, advantages of the…

The "Student Financial Aid Handbook" explains the policies and procedures required for institutions of higher education to administer federally funded student financial assistance programs properly. This volume describes how a school calculates and pays Pell awards to eligible students and how it reports those payments to the Department…

There is a conspicuous absence of federal policies dealing with instructional television. Financial programs have had a bias against televised courses or been greatly underfunded. (Author/TG)

The National Commission on the Cost of Higher Education has rejected calls for federal intervention to reduce college costs, but warned that if institutions do not control costs, the government will be forced to intervene, which could destroy academic quality. While colleges appreciate the panel's sensitivity to college autonomy, some observers…

Provides an overview of changes in Treasury Regulations as they affect school debt financing, including bond and note construction and acquisition issues, other types of equipment and property financing, as well as tax and revenue anticipation notes for working capital needs. (MLF)

School business officials may not be aware that their year-end Comprehensive Annual Financial Reports CAFRs) may not satisfy the reporting requirements of state departments of education or those of the U.S. Department of Education. Describes reporting anomalies, such as ghost expenditures, enterprise activities, the differentiation between…

The February 7, 2005 report by the Honorable Bob Rae--"Ontario: A Leader in Learning"--focused national attention, at least fleetingly, on a matter of prime importance to Canada's future: vulnerable state of higher education in this country, a subject that has, unfortunately, largely escaped serious public discussion. Although Mr. Rae, a…

This document is intended to help institutions of postsecondary education understand their rights and responsibilities relating to school cohort default rates for the Federal Family Education Loan (FFEL)Program. Section 1 focuses on the calculation of FY 1993 official cohort default rates including how student loan activity is tracked and…