College and university administrators face new challenges every day in their quest to ensure the health and safety of students, faculty and staff on campus. Managing the logistics of contact tracing and quarantines, improving virtual learning environments and managing community relations means the pressure is mounting — not the least of which is financial.
Regaining financial stability in the face of rising operational expenses and declining tuition revenue will require creative strategies. To thrive, your institution will need to explore every avenue to reduce costs while sustaining your school’s educational mission.
Below are ways to leverage your facilities in new ways to support your bottom line while also enhancing the campus experience for your students.
15 Strategies to help your institution thrive
Click on a title below to learn more about each cost savings opportunity and the time frame to realize savings:
Download our comprehensive guidebook, 15 ways to lower costs and generate new revenues through your campus facilities, for an in-depth look into how you can reduce costs within your land and facilities operations, while creating new revenue streams.
Ready to reduce costs and recapture revenue for your institution’s campus? Click here to discuss a cost savings assessment.