At one time, state and federal sources provided a large percentage of funding for many public and private institutions of higher education. However, this has changed so that even many public institutions receive only small percentages of funding from government sources. As these funding sources change, institutions must reconsider their programs, their models, and their priorities.Don't use plagiarized sources. Get Your Custom Essay onHow funding and competing budgeting priorities impact higher education
A full budget at a large institution could be hundreds of pages in length and require a large, dedicated team of professionals to develop. To analyze a full budget is beyond the scope of this course, but it is typically part of the responsibilities for anyone in a leadership position. While you review budget documents, look for information about specific funding priorities.
Consider the relationship between funding and priorities. Then, do the following:
Write a 4- to 5-page paper in which you analyze how the budget impacts competing priorities. Explain how you would decide these issues, and include the following:
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