One of the most important functions of governing board is to ensure that its college or university sustains financial health so it can effectively carry out its mission. Campus-based financial aid has become one of the single largest expenditures for many colleges and universities. Like all major expenses, institutional financial aid, when done well, reflects the mission, as well as the major priorities, of an institution. Yet it remains one of the least understood institutional expenditures.
How does your institution compare to these national trends on institutional financial aid?
This spring, AGB and NACUBO released a resource for senior campus policy makers to assist them in making smarter and more strategic decisions about institutional aid—Looking Under the Hood. Looking Under the Hood allows users to compare their own institution to national trends like these. To learn more and begin using it yourself, please visit our website.