Determine if your institution is too dependent on tuition income.
*Label Answer Part 1 and Part 2*
Part 1
For this Question, identify the sources of revenue from your institution’s(Albany state University Albany, Ga) most recent financial statement or budget, then address the following:
- Determine if your institution is too dependent on tuition income.
- Defend your statement.
- Evaluate whether your college is recognizing sufficient revenue from private gifts and investment income.
- Explain your position.
- Recommend changes to your institution’s revenue stream to strengthen its financial position.
- Defend your suggestions.
Part 2
Identify the three largest items of expenditure from your college’s most recent financial statement or budget and address the following:
- Explain why these three expenditure items are the largest. Identify the cost drivers behind these expenditures.
- Evaluate whether the level of these expenditures is consistent with the growth and mission of your institution.