California Memorial Stadium is an outdoor football stadium on the campus of the University of California, Berkeley in Berkeley, California. Commonly known as Memorial.
Smart Revenue Generators (and Money- saving Ideas)Digging out new revenue streams and discovering . Today's budgets, of course, tend to leave little to no wiggle room. With that in mind, the editorial team at University Business has culled (from the magazine's recent archives as well as from conversations with institutional and industry leaders) 1.
Which of these ideas could your institution implement tomorrow, next semester, or next year to do the same? ADMINISTRATIVE SERVICES1. Take a new look at the purchasing department. At the University of Pennsylvania, a retooled purchasing department with a Business Enterprise Network and an upgraded Sci. Quest e. Procurement system saved $7. Maryville University (Mo.) created purchasing consistency by contracting with Fed.
Bevo XV to make public debut when Texas Football hosts Notre Dame. Take a new look at the purchasing department. At the University of Pennsylvania, a retooled purchasing department with a Business Enterprise Network and an. 2015 GRIFFON FOOTBALL TABLE OF CONTENTS This Is Griffon Football Spratt Memorial Stadium.4 Griffon Indoor Sports Complex.
Ex Kinkos for ordering stationery products. The three- year agreement will save more than $1. Consolidating purchasing and accounts payable, as the University of Delaware has done, is another way to realize savings. Drexel University (Pa.) reined in out- of- control purchase costs by using purchasing cards from JPMorgan Chase (www.
The cards have pre- assigned spending limits and there's no need for requisitions or check requests. Daily updates from the card issuer are fed directly into the financials database for near real- time cost control. Benefits include less paperwork, reduction of cash exposure, faster processing time, and consolidated invoicing, which saves time, stationery, checks, postage, and filing costs. Eliminate the middleman.
ADDITIONAL STATISTICS - Interception Return Yards: 1-37, 37.0 avg., 0 TD (2012); 3-109, 36.3 avg., 79t long, 1 TD (2013); 3-19, 6.3 avg., 19 long, 0 TD (2015. California at Berkeley, Sept. SCUSD’s “With Math I Can” campaign is aimed at fostering the idea that any student can learn math at the highest levels if they practice and accept mistakes as. The Pittsburg State Gorillas football team represents Pittsburg State University in collegiate level football. The Pittsburg State football team was formed in 1908.
Hamilton College (N. Y.) took a different approach to furnishing its new Science Center Building project with its bidding process. While the architectural firm prepared the bid document, everything else- order placement, delivery coordination, installation, final inspection- was handled internally at a savings of several thousands of dollars. As a bonus, the coordination and communication between the school, contractor, and vendors was better because they worked with each other directly. Hamilton plans to replicate the procedure for its latest building project. Join a purchasing consortium. The Wisconsin Association of Independent Colleges and Universities has a dedicated staff that does the research, finds the vendors, and handles the bidding for its members.
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Through WAICU, Beloit College saved about $1. Nix hard- copy billing processes. Indiana University- Purdue University Fort Wayne contracted with Touch.
Net Information Systems, a software provider of automated payment solutions, to switch to e- billing for tuition payments. The school saved an estimated $4. Additional savings came from being able to reduce temporary staff help during peak times. This helps offset the cost of offering credit card payment options. Eliminate the paper trail. Maryville University in St. Louis saves money (and trees) by not printing things that can be as easily referenced online.
Gone are the days of paper course registration, and of printing schedules and grades. Now, all this work is done electronically. Invest in document management. Chapman University needed a reliable document management solution on a small scale. After realizing efficiencies and cost savings with a product from Image.
Now, the school expanded the program to all its campuses located throughout California and Washington. The solution was quickly and cost- effectively expanded across various host applications and leveraged to meet a number of departmental needs. Get a handle on printing. The average school of 1,0. What makes costs grow exponentially, however, is the number of wasteful or nonacademic print jobs- from photos of pop stars and friends to entire books- that should never be printed or could be copied more economically. Winthrop University (S.
C.) turned to Print Manager Plus, printer control software that tracks, quotas, and reports print usage and costs across the school network. Students got a $1. The result was an annual savings of about 5. Look within for training.
Maryville College (Tenn.) saves money on its professional development program by tapping its internal expertise. Thirty- one workshops are offered, led mostly by Maryville staff members, with tracks on Customer Service, HR/Community Building, Computer Skills, Safety, Supervisory, Wellness, and Personal Development. So far, the only associated costs have been for copying (handouts), $2. Turn to outsourcing- but not by bringing vendors on campus. Rather, consider supplying the labor. Rural Sourcing, a startup company, is working with at least five colleges to provide inexpensive IT help for U. S. The company's goal is to keep jobs in the United States while giving students some real- world work experience and preventing brain- drain in rural areas.
White, founder and president, started the company in her hometown of Jonesboro, Ark., also home to Arkansas State University. Shop around for health insurance. Although Saint Mary's College (Ind.) officials had sought new bids for several years with limited success, last year they used a broker. Three carriers, including the school's current one, got involved in a pricing battle for the business. The result was a decrease in premium costs of 1. CAMPUS CARDS/FINANCIAL SERVICES1.
Put a seal of approval on car insurance and life insurance carriers. University at Albany, part of the State University of New York system, has select insurance company partners that are allowed to market to alumni. The alumni association receives royalties.
Bank of America (formerly MBNA) and Chase both offer school- branded cards to alumni. Each school negotiates its own contract, which can range from a one- time donation for a new account, to funds for each purchase. Funds are generally used to finance alumni department activities. Draw up incentive programs that increase usage of campus cards. Consider services such as banking, shopping, and restaurants.
The first year of Georgia Institute of Technology's incentive program, which rewards students for funding their one- card accounts at the start of the school year, deposits increased by a total of more than $1 million to $4 million. Students who deposit $5. Buzz. Card accounts at the beginning of the year receive $5. Students now put more money on their Buzz.
Cards and spend more money on campus. The program has also attracted outside support, with Atlanta- based Coca- Cola joining in as a sponsor. Link your campus card program with a national retail network. About 1. 00 colleges and universities partner with Student Advantage, a national discount service, and, in turn, earn a portion of the student membership fees. Schools that partner with SA offer discount cards to students, or incorporate the SA logo and program into an existing campus card program. Students pay a minimum of $2.
Amtrak fares or 1. Target purchases. Streamline financial aid refund processing. Pace University (N. Y.) works with Higher One, a refund management and banking services company, to produce a weekly report on refunds.
The disbursements, which were once issued by check only, are now available to students via a wire transfer to accounts that are linked to a debit card. Since the system is automated and electronic, Pace saves money on accounting, reconciliation of refund amounts, and mailing costs. The school receives a percentage of any purchase for which the debit card is used. Pace now processes its refund checks at less than half the cost it used to pay, and revenue generated from the debit cards has tripled over three years. ONLINE/CONTINUING EDUCATION1. Offer hybrid courses to increase revenue without risking a loss. Bentley College (Mass.) invested in the Centra Symposium system and now has a site license with the company so that several classrooms can serve in- class as well as distance learners.
Since students are enrolled in the classes on campus anyway, revenue from enrolling distance learners becomes profit. Bentley's equation works well: $2. License your knowledge. Boston University has successfully been licensing its continuing ed programs to an independently developed 1. IT training companies in the U. S. The affiliates purchase BU's programs at an annual fee, the equivalent of $4.
The licensed programs are marketed as BU products. Boston University generates about $1. Expand the brand with licensing agreements. The UC Irvine Extension- the continuing education arm of University of California, Irvine's campus- recently collaborated with the nonprofit Getulio Vargas Foundation, a Brazilian school and that country's largest provider of online education. The resulting new program will allow UC Irvine to teach project management online in another country.
The deal follows similar arrangements, including the contract with Laureate International Universities, a for- profit enterprise. Through the contract, international students enrolled in various LIU programs can spend summers at UC Irvine, while UC Irvine Extension students have access to LIU programs the world over. SIDE BUSINESSES/BUSINESS INCUBATION2. Open a campus catering service.
While boosting prestige in the public's eye, it can be quite lucrative. UMass Catering at the University of Massachusetts Amherst bills itself as the region's . Its website provides information on event planning and popular menus (with prices noted), as well as mouthwatering photos from recent events.
UMass Catering brings in $2. In his book Catering on Campus: A Guide to Catering in Colleges and Universities (Colman Publishers, 2. Culinary Institute of America Dean Paul Fairbrook offers more ideas and inspiration by examining the catering programs at dozens of schools. Keep fans tuned in after the big game ends. The University of Texas at Austin has partnered with Host Communications to post content on its interactive Texas.
Sports. TV (linked through the athletic department's website, www. Texas. Sports. com). Annual subscribers pay $7. UT has also partnered with Time Warner Cable to launch a Video On Demand channel specifically for UT athletics.
Viewers pay $3. 9.