Bryn Mawr College is developing a data gathering workbook to aid small institutions in the analysis of financial options. Growth-rate balance and data gathering and analysis workbooks are described along with four problem areas: growth-rate imbalance, asset depletion, control indicators, and quality shifts. (MLW)

A guide to ongoing projects and recent publications regarding financial indicators in higher education is presented. Identified are: (1) current projects developing financial indicators for colleges and universities, (2) related work, (3) federal agency interest, and (4) readings on the topic. (MLW)

Financial policies are viewed as buffers that protect the core activities of a college from fluctuation and that maximize the return of investments in all areas. Assumptions necessary for making financial policies are detailed and a strategy is outlined for developing financial policies that mesh with institutional plans. (Author/MLW)

A new approach to college financial self-assessment is described that focuses on changes in resources as the indicators of the institution's flexibility to respond to changes in its environment. The model is designed so that assessment results can be easily communicated within and outside the institution. (MSE)

Strategic planning involves analysis of risks and opportunities; financial management entails balancing risks and resources to achieve institutional goals. A framework is suggested to help college administrators integrate the two functions. (Author/MSE)

The decision on the most appropriate size for liberal arts colleges should not be made on economic grounds. Analysis of literature shows that economic benefits through economies of scale are too debatable to play an important role. Fixed costs may be offset by less institutional complexity in small colleges. (Author/MSE)