Financial Sustainability Services for Higher Education

We offer assurance and consulting services to help your institution make informed decisions, operate sustainably, and prepare for what’s next.

300+ Clients

Higher education clients served

46 Years

Serving higher education clients

82 Trusted

Firmwide Net Promoter Score®

Higher education leaders cannot flinch in the face of tough decisions. You know your institution’s financial health is crucial to your ability to continue serving students in an industry environment with evolving risks and challenges. Finding a reliable path to financial sustainability has grown complex for most colleges and universities. However, identifying a path to financial viability isn’t always straightforward.

That's why FORVIS created our Financial Sustainability Services line. This suite of consulting services can be scaled to meet a range of needs—from budget and business strategy consulting to financial modeling and scenario planning. We also can provide in-depth, data-driven analyses of your courses and programs to help you boost financial sustainability. Our higher education consulting professionals dedicate themselves to assisting institutions as they face these challenges and more. Contact us today to find out how FORVIS can help your institution make informed operational decisions and better meet student demands and workplace needs.

How FORVIS Can Help

Program Economic Analysis

Our Program Economic Analysis allows you to visualize your data and gain insight into which programs are making money and which aren’t, so you can make strategic, data-informed decisions that can help create efficiencies in your academic portfolio to balance program offerings.

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Financial & Scenario Modeling

Understand the financial impact of your current business model and initiatives you are planning over the next several years with this dynamic, agile forecasting resource. Our modeling allows you to create, manage, and visualize different assumptions and initiatives can help provide leadership with real-time analysis and integrated presentations of financial statements, cash flow projections, and ratio analysis.

Financial Benchmarking & Health Assessment

Do you need help understanding your student co-curricular, support service, and administrative support costs? Our internal and external benchmarking reports are designed to help you potentially bend the cost curve by providing insight into the operational and salary structures of various departments based on total dollars and dollar per student enrollment. In addition, they can help you understand your financial strength and spot trends in your financial health.

Higher Education Benchmarking

Gain insights from the Integrated Postsecondary Education Data System (IPEDS) data in a sophisticated, time-saving platform. This tool helps you drill down and compare benchmarking metrics in an interactive way, giving you flexibility to perform comparative analysis, analyze trends, and evaluate metrics far beyond standard IPEDS Data Feedback Reports.

Consulting Services

FORVIS can provide customized consulting services to assist academic and administrative leaders in making sound operational and strategic decisions. Services include custom benchmarking reports, assistance with project management, helping facilitate board and faculty communication, providing a financial sustainability assessment, and more. These services can be tailored to the needs of your institution and delivered in one-to-one or workshop formats.