We find that many schools have questions when it comes to their financial aid policies. They aren’t sure if they award financial aid in the most effective way, and want to ensure their policies follow the correct guidelines, are fair and consistent for students and their families, and support their school’s mission.
Safety is a top concern for families who choose to send their children to private-independent schools. That is why it’s imperative for your school’s crisis plan to be up-to-date, thorough, and top-of-mind, especially for the Business Office.
Protect the safety of your students and your community by practicing precise drills often. We recommend including the following four drills in every crisis plan, as well as any others that make sense for your school.
When it comes to your school’s mission and the value you offer to families, you can’t be all things to all people. Many schools fall into the trap of trying to offer the best programs, the smallest class sizes, and the most accomplished graduates—all for a lower price than the competition.
In our experience, this simply cannot be done. We instead encourage schools to choose their competitive marketplace position and keep every strategic decision in line with this stance.
Millennials first entered the workforce about 10 years ago and abruptly changed office dynamics. Their standards and values are so different from boomers and Gen Xers that they didn’t just cause small ripples through common work processes—large adjustments have become necessary to remain competitive.
Once you’ve made the decision to enroll international students and have gone through the Student and Exchange Visitor Program (SEVP) certification process, you must become knowledgeable about and adhere to SEVP’s rules and regulations.
Many of the schools we work with have questions about employee benefits and how to ensure the long-term well-being of their school’s administrators, faculty, and staff. Lucky for us, ISM’s Affordable Care Act Specialist and Flexible Benefits Manager provides a wealth of knowledge in these areas.
Today, we’re sharing some recent information regarding Medicare Part D Notices and 1095/1094 Reporting. Read on for the latest updates.
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