Abstract
This case study focuses on how a rural community college with limited resources used break-even and return on investment (ROI) calculations to estimate the potential benefit of self-funding the cost to participate in the Achieving the Dream initiative and to gain Board of Regent support. Retention rates were analyzed and the lost revenue calculations for each student not retained were used in preparing a recommendation to participate in the Achieving the Dream student success initiative.
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References
Jenkins, Davis, and Bryon McClenney. 2009. Field Guide for Improving Student Success: Achieving the Dream. Chapel Hill, NC: MDC Inc.
Paris Junior College Institutional Research Department. 2009. College Fact Book. Paris, TX: Paris Junior College Publishing.
Raiser, Tom. 2007. ROI for Nonprofits: The New Key to Sustainability. Hoboken, NJ: John Wiley and Sons.
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© 2011 Stewart E. Sutin, Daniel Derrico, Rosalind Latiner Raby, and Edward J. Valeau
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Anglin, P.D. (2011). Applying Financial Analysis to Student Retention. In: Sutin, S.E., Derrico, D., Raby, R.L., Valeau, E.J. (eds) Increasing Effectiveness of the Community College Financial Model. International and Development Education. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230120006_13
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DOI: https://doi.org/10.1057/9780230120006_13
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-28978-3
Online ISBN: 978-0-230-12000-6
eBook Packages: Palgrave Education CollectionEducation (R0)