A Financial Taxonomy of Institutions of Higher Education [electronic resource] / Patricia Smith and Cathy Henderson.

A taxonomy of all institutions of higher education was developed as a tool for analyzing the patterns of current revenues and expenditures. The goal was to examine institutional patterns simultaneously, examining them for the characteristics that have the greatest influence in distinguishing institu...

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Bibliographic Details
Online Access: Full Text (via ERIC)
Main Author: Smith, Patricia
Corporate Author: American Council on Education. Policy Analysis Service
Other Authors: Henderson, Cathy
Format: Electronic eBook
Language:English
Published: [S.l.] : Distributed by ERIC Clearinghouse, 1976.
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Summary:A taxonomy of all institutions of higher education was developed as a tool for analyzing the patterns of current revenues and expenditures. The goal was to examine institutional patterns simultaneously, examining them for the characteristics that have the greatest influence in distinguishing institutions from each other and then grouping institutions according to these characteristics. Among the findings are that: (1) private institutions revealed greater variation in financial profiles than public institutions; (2) that 32 groups of institutions fall into five clusters, each dominated by one funding source (tuition, endowment income, annual private giving, sponsored research revenues, and state and local appropriations); and (3) on a "per FTE-student" basis, federal student-aid grant revenues constituted 37 percent of the total student-aid revenues of the private institutions in 1972-73, while in public institutions it represented 57 percent of the total.
Item Description:ERIC Document Number: ED138195.
Sponsoring Agency: Office of Education (DHEW), Washington, DC.
Contract Number: 300-75-0375.
Educational level discussed: Higher Education.
Physical Description:47 p.