Your Strategic Financial Plan: Enrollment Surprises

Ideas & Perspectives
Ideas & Perspectives

Volume 36

No. 6//

April 25, 2011

As School Head, you are unavoidably aware that this is an era in which year-to-year enrollment is especially difficult to predict. If your strategic financial plan is set up according to ISM’s 13-line, six-year format, and if you have followed ISM’s standard advice regarding holding your enrollment projection flat on Line 1, you will want to be prepared for quick action if your actual enrollment in the new school year is substantially over or under your Line 1 number. For your 13-line financial plan, you have surely chosen a conservative number for your enrollment projection. And you will also have, as ISM urges, included enrollment-building goals in your planning document, while, at the same time, not chosen to have those goals play themselves out in the strategic financial document. Thus, you will have built into your plan—if you do meet or even approach your enrollment-increase goals—surpluses well beyond those indicated on Line 9 of your document.
A customized approach to advancing your unique mission.

Work with a trusted partner to create a mission-appropriate plan to help your school achieve its goals. Whether your school aims to increase cash reserves, boost enrollment levels, attain long-term stability, rely on experts to bring these goals and many others to life. Together we'll create and implement research-backed, personalized recommendations for any area of your school's administration. Call us at 302-656-4944 or email schoolsuccess@isminc.com.

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