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ERIC Number: ED138195
Record Type: Non-Journal
Publication Date: 1976-Apr
Reference Count: N/A
A Financial Taxonomy of Institutions of Higher Education.
Smith, Patricia; Henderson, Cathy
A taxonomy of all institutions of higher education was developed as a tool for analyzing the patterns of current revenues and expenditures. The goal was to examine institutional patterns simultaneously, examining them for the characteristics that have the greatest influence in distinguishing institutions from each other and then grouping institutions according to these characteristics. Among the findings are that: (1) private institutions revealed greater variation in financial profiles than public institutions; (2) that 32 groups of institutions fall into five clusters, each dominated by one funding source (tuition, endowment income, annual private giving, sponsored research revenues, and state and local appropriations); and (3) on a "per FTE-student" basis, federal student-aid grant revenues constituted 37 percent of the total student-aid revenues of the private institutions in 1972-73, while in public institutions it represented 57 percent of the total.
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Office of Education (DHEW), Washington, DC.
Authoring Institution: American Council on Education, Washington, DC. Policy Analysis Service.