A recent study conducted by the National Association of College and University Business Officers (NACUBO) found that private colleges and universities use nearly half of the tuition and fee revenues they collect from incoming freshman to fund institutional grants. Let’s take a look... Read More
According to an audit conducted by the college’s sustainability classes, University of Maryland students are wasting less food at their three dining halls on average than compared to one year ago. This audit aimed to analyze students’ food waste habits and determine the effectiveness... Read More
Technology has permeated nearly every aspect of higher education. From online or hybrid class offerings to full-fledged online degree programs and even educational apps that enhance classroom learning, students, faculty, and staff are all familiar with technology’s increasing role... Read More
Despite the clear benefits of incorporating data-driven decision making into higher education, a recent report shows that many institutions have yet to develop a plan for implementing data across their many departments. Notably, 81% of higher education institutions report that they... Read More
In early April of this year, four-year colleges and universities in Alabama got some good news: a 4% budget increase totaling $42 million. This came on the heels of Standard and Poor’s assessment that the outlook for higher education in 2018 is, to put it plainly, “bleak”. Of... Read More
Electronic data has many obvious advantages over mountains of paper files. In fact, institutions that have contracted auxiliary services collect so much data that, in the past, vendors would provide the information in stacks of 100 to 200 pages! This data usually consisted of monthly... Read More
More than 22 million pounds of uneaten food is thrown away on college campuses every year, according to Food Recovery Network. That means that the average college student wastes an average 142 pounds of food per year! Food waste doesn’t only hurt dining locations on campus, it also... Read More
College is supposed to be a time of growth, education, and experience. But a recent, first-of-its-kind study found that 36% of students from 66 colleges and universities do not get enough to eat from university dining services—and a similar number of students lack a secure place... Read More
Big data, meaning all transaction information, is undoubtedly a driver of change in the auxiliary services department of higher education institutions. After all, you can’t make proactive decisions about your business unless you have a good understanding of the data behind it. Oftentimes,... Read More
Commissions can be a very significant source of revenue for auxiliary services departments at colleges and universities. However, the amount that vendors owe you could be miscalculated; meaning, your school is being underpaid. Let’s take a look at the reasons for validating your... Read More