Although tuition revenue is a critical source of funding for higher education institutions in the US, the industry’s tuition planning processes and systems lack the maturity to overcome common challenges. Many colleges and universities struggle with disconnected Excel spreadsheets, poor data integration with host systems, and the inability to model changes in key assumptions.
Learn how the University of Kentucky leverages cloud-based technology to overcome these challenges and improve its tuition planning, budgeting, and long range-planning processes by:
- Developing more accurate projections of tuition revenue
- Understanding how different drivers impact financial outcomes
- Integrating models with the operational budget and long-range plan