Article Archive

https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/11/Lynch_Finanical_Sustainability_ND19.jpg
  • Budget
  • | Cash Management
  • | Planning

Building Blocks for a Stronger Financial Future This item is protected.

Generating long-term projections and ensuring spending aligns with mission will help your school thrive and adapt to changing circumstances.
7 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/11/Untitled_design__73_.png

Risk & Compliance  

  • Legal
  • | Planning

Risk & Compliance: Creative Accommodations

Handling increased requests for student accommodations requires keeping an open mind while not altering standards or veering away from mission.
6 min read

CEO Notebook  

  • Culture
  • | Leadership

Disciplined Innovation

Innovation is imperative in a competitive marketplace. Successful initiatives require not only creative thinking but also careful choices and clear communication.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/11/Construction_Risks.png
  • Facilities
  • | Legal
  • | Maintenance

Should Your School Require Payment and Performance Bonds?

Having a payment and performance bond in place can help schools mitigate risk and protect from potential loss.
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/11/DeBlanc_Construction_Risks_SO19.jpg
  • Facilities
  • | Legal
  • | Maintenance

Foundations for Construction Success This item is protected.

Whether building new or updating existing space, campus construction can consume more time and resources than anticipated. Early planning, strong contracts and continuous communication can help mitigate risks and keep wo
13 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Strategies_Quirk_ND19.jpg

Strategies  

  • Cash Management
  • | Financial Aid

Strategies: Explaining Aid

Three tools to communicate financial aid decisions more clearly may help mitigate families’ confusion and bargaining.
5 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Freed_Intl_Students_ND19.jpg
  • Admission
  • | Enrollment
  • | International

Global Correction: International Student Enrollment Trends This item is protected.

An uncertain political landscape leads schools to rethink their international student recruitment and enrollment efforts.
13 min read

Projections  

  • Enrollment
  • | Financial Aid
  • | Planning

Projections: What a Difference a Decade Makes

The unspoken rules of handling financial aid have changed. A focus on pricing, discounting and NTR will help us secure true financial viability.
4 min read

CEO Notebook  

  • Admission
  • | Culture
  • | Leadership

Open Houses: Three Opportunities for Business Officers

Connecting with prospective families can shed light on your school’s budget while helping families feel confident about their investment in independent education.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Untitled_design__50_.png
  • Admission
  • | Tuition

Foundations of Flexible Tuition

A school at the forefront of “flexible tuition” explains how it’s done and why it works for the school’s mission and market.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Financial_Aid_Turnarounds.png
  • Financial Aid
  • | Key Enrollment
  • | Tuition

Reflecting Pull: Rethinking Financial Aid This item is protected.

As demands on financial aid budgets increase, it’s more important than ever that aid programs mirror mission, community and strategic goals. Four schools reinvented their approach to make it happen.
14 min read
  • Crisis Management
  • | Culture
  • | Policy

Preparing for College Admissions Scandal Fallout

The national admissions case highlights anxiety about getting into the right college  — and the risk potential independent schools could be facing in the future.
6 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Explaining_Tax_Implications.png

Taxable Tuition Payments

Independent schools can help families paying tuition through 529 plans or other less common sources understand when they may need to pay additional tax.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Sharon_Wolford.png
  • Membership

Unsung Hero: Sharon Wolford, The Bryn Mawr School

Celebrating 25 years in the business office, Wolford excels at financial planning and rethinking financial aid and tuition strategies.
2 min read

CEO Notebook  

  • Budget
  • | Planning

The BIIS Journey: Get on Board by October 11

Access data and tools that will help you lead your school to financial success.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/AS_Mackin_Therapy_Dog_SO19.jpg

After School  

After School: Dog Days

Training therapy dogs provides respite to this business officer, while the dogs she trains help relieve students’ stress.
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/Sparks_Unsung_Hero.png
  • Membership

Unsung Hero: Saundra Sparks, Echo Horizon School

Sparks aligned admissions practices with the school’s vision of inclusivity while managing multiple successful leadership transitions at Echo Horizon School.
2 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/10/iStock-598144634.jpg
  • Regulatory Updates
  • | Salary

DOL Expands Overtime Pay Eligibility in New Federal Rule

New salary threshold less onerous for independent schools than once anticipated.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/09/Copy_of_BIIS-reporting.png

Business Intelligence  

  • Financing
  • | Planning

Business Intelligence: Financial Planning Tools Get an Upgrade

Improvements to the BIIS data collection platform and The NBOA Financial Dashboard should make budgeting and planning that much easier.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2019/09/Pulling_in_same_direction.png

5 Minutes with  

  • Leadership

5 Minutes with Chuck McCullagh: Pulling in the Same Direction

At each stage of his career, from running a small business to 25 years in the business office, the new NBOA board chair has found strong relationships with colleagues a key to success.
8 min read