Steps For Effective Grant Management In Higher Education
Higher education is a staple in American cultural values. Government entities, both at the state and local level, recognize this by funding various educational institutions. Grants are more competitive and regulatory compliance measures are strict. This forces higher education grant managers to remain efficient, transparent and compliant to win funds. For effective grant management, one should ensure the proper allocation of current funds and the winning of future funds through greater reporting capabilities. Following are the three steps toward more effective grant management in higher education. Understand Your Needs Funding and grant management needs vary among institutions based on structure and operations. Grant management solutions are flexible to meet the needs of each individualized case within higher education funding models. For both state universities and individual university institutions, offices are often centralized but may lack in operational efficiency. D...