Some colleges and universities have found continuing education and contract education to be revenue generating opportunities for them. Some have developed impressive continuing education programs that exceed offerings found at many colleges and universities. Others have partnered with local businesses to offer academic programs and courses in the work place through contact education for a fee. Yet others have used distance learning as a tool to offer coursework cost-effectively and deliver programs globally.
Offer more physical education courses through continuing education on a higher fee basis
Charge market prices or full costs for continuing education and contract educational courses
Offer photography courses as continuing education for fees, and use the profits to invest in new photo technology
Develop public speaking and presentation courses for businesses and offer through contract education
Offer small business courses as continuing education
Start large continuing education classes on film history, aerobics, etc.
Offer non-credit courses on modular basis with staggered months
Make continuing education and non-credit programs financially self-sufficient
Change to census days for non-credit classes
Reduce hours of continuing education or non-credit courses if they don’t cover their own costs
Increase or sustain hours of continuing education or non-credit courses if they generate revenues that exceed or cover their own costs
Have continuing education and non-credit course students bring their own supplies and buy their own books
Establish continuing education courses for test preparation, tutor training, Computer Automated Design, and other new areas
Offer contract education courses in workplace literacy through ESL programs
Charge tuition for non-credit classes in summer school
Few people think more than two or three times a year. I have made an international reputation for myself by thinking once or twice a year. - George Bernard Shaw
KH Consulting Group (KH) started this Know-How site in 2009 to create a forum for sharing ideas on effectively enhancing revenues and containing costs in higher education in the near and longer term.
KH has posted more than 500 ideas. You can join the forum at:
http://knowhow-education.blogspot.com/
Note: The ideas shared are not prescriptive and will not work in all situations or at all institutions. Some of the ideas are tactical – quick victories to save money in easy ways. Others are strategic, requiring careful analysis before implementing.
Subscribe to:
Post Comments (Atom)
Hi, I would like to subscribe for this blog to get latest updates, therefore where can i do it please help.
ReplyDeleteby PSY 201 Entire Course