Budget paper Essay Example | Topics and Well Written Essays - 1000 words

Budget paper - Essay Example 132). With a strategic plan in place, what the organization needs is a budget – a detailed quantitative plan to guide its operations in the near future. The aim of this paper is to develop a strategic plan and a budget for an academic institution, specifically Cornell University, utilizing different factors such as demographics, affordability, financial aid, consortiums and collaborations, intercollegiate athletics, community involvement, and standards and accountability. Cornell University was founded in 1845 by Ezra Cornell and Andrew Dickson White (Cornell University 2009). It is the â€Å"federal land-grant institution of New York State, a private endowed university, a member of the Ivy League/Ancient Eight, and a partner of the State University of New York. It has been described as the first truly American university because of its founders revolutionarily egalitarian and practical vision of higher education, and is dedicated to its land-grant mission of outreach and public service.† (ibid.) As of fall of 2007 the number of enrollees totaled 20,833 with 65% comprising undergraduate registrants. Of the total number of undergraduates (13,510), 51% are male and 49% female. A total of 31% of the enrollees come from New York, followed by 17% from Middle Atlantic origins and 10% from the Far West. The number of students receiving need-based grant aid was 6,008. In addition, 70 financially independent students received need-based aid. Of the tot al number of degrees granted (6,068), a total of 57% or 3,467 comprise bachelor’s degrees, followed by 1,713 or 28% master’s degrees. At Cornell, a collaborative culture is enhanced through several identified areas of excellence, to wit: Social Sciences, Life Sciences, Sustainability, Humanities, Ithaca - Weill Cornell Initiatives, International Programs, Law and Technology, and Information Science. Students are encouraged to be of service in their local community by easy