According to the recent ECAR report "IT Funding in Higher Education," nearly two-thirds of all campuses are facing budget cuts of some form or another. The study incorporated the results of surveys of higher education CIOs and CFOs, who were asked about their strategies for raising revenues and reducing costs in order to deal with these budget challenges. The number-one strategy cited (64%) for increasing revenues was seeking grants. This was followed by fundraising, increasing student fees, developing corporate partnerships, expanding the use of charge-back systems, providing services to external entities, and raising revenues from tech transfer of products in the external marketplace.