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Community Colleges Forge Non-Tuition Revenue Avenues

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As condition funding for public colleges shrinks, community colleges are continually looking for ways to keep budgets afloat while staying affordable for students. One way several community colleges have found to do this is usually by offering training to companies.

Inside Higher Male impotence reports that Arizona covers lower than 1 percent of the budget for the Maricopa Community College District. The 10-college system, which enrolls 265, 500 students, now receives an annual condition contribution of $8 million.

One upside to Arizona’s near-complete disinvestment in its community schools, Maricopa’s leaders say, is that the many years of budget cuts have forced the particular two-year system to get more entrepreneurial. They may be particularly excited about the money-making possible of the new Maricopa Corporate University, which landed Marriott International like a client in its first year associated with existence.

Rufus Glasper, the district’s chancellor, informed Inside Higher Ed that corporate CEOs have picked up on a change at Maricopa.

“We’re starting to market ourselves as a business, ” he said.

Business colleges cater to the training needs associated with companies, including recent hires and workers who need to learn new abilities. Programs are typically non-credit and customized based on the employer’s needs. They can be on the web or in person, and taught either on a college campus or used directly to a company. Some of the most common programs are in management training, English like a second language, information technology, advanced manufacturing and welding.

The courses centers can be lucrative, with companies typically footing the bill instead of students. As a result, the corporate-college field is getting more crowded. For-profit chains have long done job teaching. And Udacity, an online course service provider, now wants to get in the game.

Several community colleges also have a good track record with corporate training. Cuyahoga Community College (Tri-C), located in Ohio, North Carolina’s Central Piedmont University and the Lone Star College System in Texas are pioneers associated with corporate colleges.

Yet two-year institutions face a challenge in competing for corporate clients that have a national footprint. The colleges typically have a strong regional focus, and find it difficult to deliver training outside of their area.

That’s where Global Corporate College comes in. The consortium of more than 50 community colleges, that is a Tri-C spin-off, allows institutions to cross state and even international edges with their training centers.

The consortium formed in 2007. Denise Reading, who formerly led the corporate college at Tri-C, is usually president of Global Corporate. The concept was hatched when Tri-C had been unable to meet the training needs of the Eaton Corporation, an Ohio-based power company with 100, 000 employees distribute all over the country and around the world.

Maricopa is a member of the group. The connection is really a big part of the draw for their twenty corporate clients. The price varies according to the range of training companies need. Plus members of the consortium share revenue for programs that multiple schools help run.

After studying the possibility of creating a corporate campus, Maricopa estimated that the district had been tapping less than 20 percent from the possible job-training business. Over the years to come they hope to triple the $1. 5 million in corporate teaching revenue they earned in a latest year. The college also offers consulting providers to companies.

College officials aren’t shy about talking in the fiscal potential of the Corporate University. It’s part of the privatization of Maricopa, which is beyond their control. The community colleges have a solid product to provide, they said, so they are getting into the sales game.

Speed is not higher education’s strength, particularly when it comes to creating new academic tracks. But corporations expect quick results with teaching programs.

As a result, Global Corporate College requires its members to adhere to a 72-hour turnaround whenever getting a proposal to a potential customer.

Maricopa’s new corporate college is a separate, freestanding entity. This currently draws on faculty members and curriculums from Maricopa’ ersus other campuses. The college is not accredited, because it does not offer credit-bearing classes. However , if a company is thinking about college credits for its employees, Maricopa can route those students for their other colleges. The corporate college is of interest to businesses in part because it provides a single point of contact within the sprawling district.

Maricopa has had success with corporate training in the past. For example , Safeway, the food store chain, has partnered with GateWay Community College for a decade, in addition to with other Maricopa campuses.

More two-year colleges around the country are likely to follow the lead of the fifty in the consortium by expanding their own corporate training. A key reason, experts said, is declining state assistance.

Some community schools continue to “struggle with the notion associated with extending beyond community service to embrace ‘for profit’ activities, ” Stewart Sutin, a clinical professor at the University of Pittsburgh and former president of the Community University of Allegheny County, told Within Higher Head.

But that resistance is waning, he or she said, as more colleges add entrepreneurial, revenue-generating programs. “This trend is usually apt to accelerate as state financing for community colleges fails to maintain pace with needs. ”

The post Community Colleges Forge Non-Tuition Revenue Streams appeared initial on Affordable Institutions Online .

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