Essay on A Program Budgeting System for Horton University

Horton University is committed to providing affordable, high quality education and increasing educational attainment through excellence in teaching and service. While it is always a priority to be fiscally responsible, it is of particular importance during times of economic downturn. In an effort to provide long-term financial stability, it is necessary to develop and implement a budgetary process that aligns with and supports the institution’s strategic plan. While the University is maintaining its stability with current donors, it is not increasing in large contributions as desired. This is of particular concern because an increase in state appropriations is unlikely while the increase of student tuition and operational costs is very†¦show more content†¦Review of budgets will be on a fiscal year basis. Horton University serves a diverse population, many of whom rely on outside financial resources to fund their education. In an effort to provide need-based scholarships to deserving students, the institution will implement a â€Å"last dollar† scholarship program to students who have demonstrated academic excellence. Those students who receive enough financial aid to cover all tuition costs will not be eligible for the scholarship. As a result, the scholarship will afford the opportunity for more students to attend the institution tuition free rather than further stacking financial aid awards. As outlined by the Board of Visitors, students must be in-state first-generation college students, exceed minimum admissions standards, and not be able to financially able to afford tuition costs. In order to comply with the latter, the student’s Expected Family Contribution (EFC) must fall within a range that makes them ineligible for full Pell, but still leaves a gap fee to be paid. Garnering support for this scholarship program will be essential in implementation and sustainability. It is proposed that scholarship students get paired with a mentor whom invests in the student’s success. Alumni will be contacted to serve as mentors, but business and community leaders will also be actively recruited to serve. This is key in an effort for these leaders to see these students and the college in action, whichShow MoreRelatedInformation Technology Implementation Issues: an Analysis45771 Words   |  184 PagesInformation Technology Implementation Issues: An Analysis Suzanne Beaumaster Dissertation submitted to the Faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Public Administration and Public Policy John W. Dickey, Chair Larkin Dudley Joseph Rees J. Michael Thomson Gary Wamsley March 24, 1999 Blacksburg, Virginia Copyright 1999, Suzanne Beaumaster Information Technology ImplementationRead MoreContemporary Issues in Management Accounting211377 Words   |  846 PagesContemporary Issues in Management Accounting This page intentionally left blank Contemporary Issues in Management Accounting Edited by ALNOOR BHIMANI 1 Great Clarendon Street, Oxford ox2 6dp Oxford University Press is a department of the University of Oxford. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide in Oxford New York Auckland Cape Town Dar es Salaam Hong Kong Karachi Kuala Lumpur Madrid Melbourne MexicoRead MoreStrategic Management Process12814 Words   |  52 Pagesachieve its long-term objectives[1]. It is the process of specifying the organization s mission, vision and objectives, developing policies and plans, often in terms of projects and programs, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs. A balanced scorecard is often used to evaluate the overall performance of the business and its progress towards objectives. Strategic management is a level of managerial activityRead MoreIntangible Asset Accounting and Accounting Policy Selection in the Football Industry85391 Words   |  342 PagesPOLICY SELECTION IN THE FOOTBALL INDUSTRY by NICHOLAS ROWBOTTOM A thesis submitted to the Faculty of Commerce and Social Science of The University of Birmingham for the degree of DOCTOR OF PHILOSOPHY Department of Accounting and Finance School of Business Faculty of Commerce and Social Science The University of Birmingham July 1998 University of Birmingham Research Archive e-theses repository This unpublished thesis/dissertation is copyright of the author and/or third parties. The intellectual