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ACADEMIC PROGRAM COST ANALYSIS

ARE YOUR ACADEMIC PROGRAMS FINANCIALLY SUSTAINABLE?

The need to focus on both short- and long-term financial sustainability is more important than ever. To efficiently plan and deliver academic programs, colleges and universities must understand the cost of instruction for those programs. Typically, cost is budgeted and analyzed for each academic department. Academic programs, however, typically have students that take courses from multiple departments. How can we get a clearer idea of the cost to support academic programs in addition to academic departments? 

TALK TO AN EXPERT

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PROGRAM SUSTAINABILITY

In an era of finite resources, institutions must make tough decisions about financial sustainability. To make the best possible, data-informed decisions, institutional leaders want information about the cost of academic programs, enabling break-even analysis, and modeling for enrollment changes. 

KEY SERVICE OFFERINGS

This service allows institutions, in collaboration with an Ad Astra consultant, to analyze the instructional cost for each program, understand break-even enrollment/tuition levels, and share these insights with campus stakeholders.

Revenue and Break-Even Analysis

Understand required enrollment/tuition levels for each academic program and the impact of enrollment fragmentation

Recommendations Based on Data Insights

A summary of Ad Astra recommendations based on the instructional cost analyses

Implementation and Campus Adoption Plan

Intervention plan, including software and/or process re-engineering, to implement cost-management recommendations in alignment with institutional goals, existing processes, and constituent interviews

Executive Summary and Analysis Overview

Written and oral presentation of findings and recommendations

Academic Program Cost Portfolio

A compilation of instructional cost analyses, reports, and collateral to aid in implementation

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MORE WAYS TO MANAGE THE ACADEMIC ENTERPRISE

Did you know that we can easily add Cohort Enrollment Health to this service to better make data-informed decisions to manage the academic enterprise? To learn more about how data-informed decisions can enhance your institutional planning and academic schedules, contact us today to start a conversation. 

 

 

WEBINAR

Using the Course Schedule to Strategically
Manage Financial Sustainability
   

Many institutions are grappling with how to sustain academic excellence in a time of constrained resources. Since academic decisions drive most of the costs and revenue at an institution, course and academic program data are essential for leaders to make strategic decisions about the future. This webinar provides actionable short- and long-term strategies for using the course schedule and academic program data to manage efficiencies while improving student success. 

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DIVE INTO ADDITIONAL RESOURCES

Seeing is believing! Check out the resources below to see some of our partner's implementation strategies in action.

 

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Curious about everything currently taking place in the higher education landscape? Discover additional resources and responses to a post-pandemic education system. 

CHECK IT OUT

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Interested in seeing strategies in action? Check out how Guilford Technical Community College uses data to advance student outcomes. 

READ NOW

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Want to learn more about translating concepts into tangible actions? We have an interactive seminar and curriculum coming soon. Stay tuned!
 
NOTIFY ME

In order to truly create a collaborative ecosystem, we need to leverage our field and external resources. In this section, you will find links to publications that provide an in-depth discussion on topics directly related to cohort enrollment health.

 

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Interested in learning where course scheduling and strategic initiatives overlap? Click the button to download the PDF or click here to visit the site.
READ NOW*Links to Central Michigan University content library.

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Interested in learning about academic programming and the course schedule? Click the button to download the PDF or visit the link to purchase.READ NOW

*Links to The Chronicle to purchase full report.