Student Expenditure Analysis

Academic Institution Expenditures Colleges and universities have many expenses that affect the financial budget. The expenditures associated with the school’s budget include research and development, instruction, technology information, and student services to name a few. Within each expenditure there are categories. For example, Student services cover a broad range of categories such as recruitment, admissions, campus security, and resident counselors. The student service expenditure has their concerns and issues when it comes to cost and it effectiveness. The issues are what drives colleges and universities to evaluate the purpose of the expenditure and its importance to student success and completion of higher education.
A Brief Literature …show more content…
In an age of technology and social media connections and student’s engagement will go hand and hand. According to Whipple (2015), a senior director of academic impressions, a questionnaire revealed that “62% of things that are shared take place outside of what can be tracked through Facebook, Twitter, or Instagram analytics: shared by email, instant messaging, text messaging” (p 1). Through peer to peer sharing, student service expenditures can be blended for more student engagement, reducing expenditure outputs that can save colleges and universities from wasting …show more content…
3). Strategies that help in subsidizing the expenditures of this nature are in Pell Grants. Pell Grants support institutions in maintaining graduation rates and supporting the retention rate of students. It is found within the research of Ehrenberg & Webber (2010) that the graduation and persistence rate increased in the institutions that had lower entrance exam scores which increased the student service expenditures. This is why it is beneficial in the population of disadvantaged academic and economic