This paper reviews a financial management system developed to process accounts payable, general ledger, and budgeting for a large private school system. Tuition billing procedures as well as fund raising applications are also discussed and outlined. Strategies of reporting and systems are developed on the basis of fund accounting procedures. All…

This report examines issues relevant to establishing an Office of Student Financial Assistance (OSFA) ombudsman office within the Department of Education. The OSFA ombudsman office came out of the need to improve student lending program services and to mitigate the impact of loan default on students. It was determined that students involved in…

This report presents the results of a 1998 study of endowment assets of 509 higher education institutions, and is intended to allow administrators and trustees to evaluate the performance of their endowments and to acquaint them with the investment policies and practices of other higher education institutions. A brief abstract notes some…

This report gives recommendations for the 1999 budget policy for higher education within the state of New Jersey. In its background section of previous budget policies and related reports, the report describes the Commission's goals and plans on financing, the condition of New Jersey's financial aid to students, incentive programs, and remaining…

This background paper on institutional lending examines institutional lender policy in the Stafford Student Loan Program, the study of which was mandated in the 1986 reauthorization of the Higher Education Act. The paper's particular purpose, however, is to familiarize the reader with the general operation of programs and the historical…

This book examines the audit and accountability environment of public education. It provides the reader with an assessment of the current status and future potential of audits of State and local education agencies (SEAs/LEAs) and makes suggestions and recommendations for both auditors and educators. An in-depth review of the development of…

This document is a self-study report conducted by the Financial Aid/Veteran's Department of the Student Services Division of Rogue Community College (RCC) (Oregon). It is divided into five sections: unit description, mission and goals, analysis and appraisal, recommendations and actions taken, and contacts. Highlights include: (1) RCC has…

This executive summary presents the results of a 1998 study of endowment assets of 509 higher education institutions, and is intended to allow administrators and trustees to evaluate the performance of their endowments and to acquaint them with the investment policies and practices of other higher education institutions. The report begins with a…

Provides a fundraising checklist for preschools and centers to use as a tool for evaluating companies which provide services and goods, to help providers make informed solicitation decisions. The checklist assists in evaluating product quality and cost, company professionalism, educational value, company history, organization of services, and…

This report presents the results of the 1995 study of the performance and management of college and university endowments, based on 394 institutions providing data. A summary abstract provides an overview of performance and investment data; and Part 1 of the study provides a brief commentary covering endowment characteristics, historical…

In the current implementation of the Federal Direct Student Loan Program, there are lessons to be learned from past higher education loan programs, better ways to administer these programs and direct loans, and points to remember as direct loans are implemented. Current guaranteed student loan programs have been the subject of scrutiny recently…

This document reproduces the testimony on the subject of a recent General Accounting Office report on the relative federal cost of guaranteed and direct student loans in postsecondary and higher education. The comments focus on the potential federal savings associated with substituting Stafford loans with direct loans and the effect that a direct…

In order to determine the financial concerns and needs of higher education institutions and preparatory schools, 200 telephone interviews were conducted during January and February 1990 with 150 colleges or universities and 50 preparatory schools randomly selected and located in New England and the Mid-Atlantic states. Results showed that schools…

The special allowance component of the Guaranteed Student Loan (GSL) program was evaluated through research and hearings. Attention was directed to: the experiences of students and eligible lenders; the administrative costs of various types of eligible lenders; financial indicators that accurately reflect the costs of capital; and administrative…

This document, from the State of New York's Office of the State Comptroller, contains the results of an audit on the records and procedures used in administering the Tuition Assistance Program (TAP) at Stenotype Academy (Stenotype) for academic years 1993-94 through 1995-96. It states that Stenotype was overpaid $230,478 because school officials…