Assignment 1 – Instructions
Title of Paper: Factors in Budgeting for Higher Education
Note: Must include Introduction and Conclusion. Be sure to use Headings and Sub-Headings.
Basic Content: Prepare a 3 page (not including Cover Page, APA Cover Page, References Page or any Appendices) essay discussing:
First, provide a detailed overview and comparison of the varying political, economic factors that should be considered when planning a budget for higher education institutions.
Next, describe your particular institution. If you are not currently working in a higher education environment, choose one that interests you or which you understand or are interested in understanding (See Pillar College Notes below).
What are the social issues impacting the budgeting process? For instance, if you are discussing community colleges in your system, or public institutions, what local, state or local issues affect the process? Is the institution privately held? Is it stockholder driven? (Note: We are a small private Christian College located in New Jersey).
Does a religious group govern the institution? Note � We are a non-denomination institution of higher learning.
Explain how these factors could affect and impact the possible marketing, investment, and operating strategies of an institution.
What are the options available to an institution when encountering program development, financial assistance offerings, economic recession, a labor protest, or industry inflation that will result in increasing their operating expenses. Feel free to bring in your personal experience to help support your discussion. Write using the third person, per APA.
You are required to utilize a minimum of 3 to 4 academic resources other than your text and format your document and corresponding in-text citation in 6th edition APA Style.
Primary Text: You must use the following primary text book:
Nixon, J. (2012). Higher Education and the Public Good. Bloomsbury Publishing, Inc.
Resources: You are required to utilize a minimum of 3 academic resources other than your primary text and format your document and corresponding in-text citation in 6th edition APA Style.
Length of Paper: 3 pages (please do not submit even one paragraph less than 3 pages – thank you).
Format: APA Citation 6th edition.
Pillar College Notes: Pillar College is an institution accredited by Middle States Commission on Higher Education and licensed by the State of New Jersey. We are also accredited by the Association of Biblical Higher Education (ABHE) as well, assuring our students a core set of bible course offered in curriculum focused on Christian values. We have three campuses located in Newark, Paterson and Somerset New Jersey, as well as learning centers at several churches. Currently, the college has a student enrollment of 550, however, the college continues its goal of enrolling more students so as to increase this number to 1,500 by the year 2016.
Established as an official college in 2001, Pillar College stands on faith foundation and for the sole purpose of providing education to missionaries, teachers and preachers. The college originated from Alma White College established in 1921 and Zarephath Bible Institute founded in 1908. Pillar College is an undergraduate college providing bachelor degree programs in three areas; Business Administration and Management, Psychology and Counseling, and Biblical Studies. Its core foundation and tradition lays upon education which is focused on classical Christianity.
The college has 54.5 % of female students and 45.5 % male students. The largest population is that of blacks being 41.4% followed by white 28.6%, Hispanic 20.9%, Asian 1.7% and the rest 7.1 percent are unknown. They have an open admission policy welcoming students from all walks of life.
