Balancing the Business of Higher Education With Your Educational Mission
In light of the economic downturn, and in spite of the benefits yielded from the economic stimulus plan, institutions of higher education continue to face significant operational challenges, including:
- Reduced endowment spending draws and the impact on scholarships;
- Increasing competition for qualified students;
- Increasing institutional operating expenses;
- Meeting debt covenant compliance requirements; and
- Compliance with Department of Education composite scoring.
Accordingly, the search continues for new ways to identify funding sources, increase cash flow, and improve business efficiencies. With more than 25 years of serving the higher education industry, Crowe Horwath LLP helps clients succeed, even under the most daunting economic conditions. Crowe’s broad-based perspective helps identify your institution’s specific needs, which serves as the foundation for delivering comprehensive, thoroughly researched solutions that are focused on financial compliance and internal control issues.
As a proud National Association of College and University Business Officers (NACUBO) Corporate Circle Sponsor, Crowe collaborates with NACUBO in support of its mission to “Advance the economic viability and business practices of higher education institutions in fulfillment of their academic missions.” Crowe continuously builds knowledge and expertise and stays on top of the issues that higher education leaders face every day.
Crowe’s higher education industry practice professionals serve more than 100 four-year degree institutions, community colleges, and seminaries across the country, and we are recognized for our thought leadership and our innovative solutions to address a wide range of financial compliance and reporting issues. Download an overview of our higher education client list and office locations.
Learn more about Crowe’s higher education industry practice’s range of services and solutions. We can provide a full complement of audit, tax, risk, advisory, and performance services, each designed to provide your institution with the targeted solutions you expect.