Building operating reserves provides an additional buffer against temporary shortfalls. Regular monitoring and adjustment of these strategies helps ensure consistent program delivery and organizational stability. Pay special attention to periods when multiple large expenses coincide or when income traditionally slows. This foresight allows you to plan proactively rather than reacting to cash crunches.

Setting realistic SMART goals and objectives

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For program-specific data, schools will always report on the most recently completed award year. During the fall of 2023, the Department of Education released several regulatory packages that add new and expanded reporting requirements for higher education institutions. These include Financial Value Transparency (FVT) and updated Gainful Employment (GE) rules. The regulations are intended to provide more data about student debt, financial aid gaps, and completion and success rates.
For users who want to use the web to report FVT/GE data, information about online access is also provided in the announcement.If a student is not enrolled at […]