Leveraging the Funding Allocation Matrix for Student-Centered Investment at Empire State University
Impact at a Glance
The Problem
Facing the challenge of optimizing budget allocations to best serve its diverse student population, SUNY Empire recognized the need for a structured and transparent framework to guide its investment decisions. The Funding Allocation Matrix emerged as a strategic tool to align budgetary choices with the institution's core mission and strategic goals of enhancing student success. Through the ITS budget analysis using the toolkit, SUNY Empire identified approximately $500K allocated to partially or non-student-centered software.
The Results
Results
- Identification of approximately $500K in partially or non-student-centered software within the ITS department, highlighting areas for potential reallocation or replacement to better serve student needs.
- Streamlined budgeting process using the Funding Allocation Matrix, enabling SUNY Empire to align strategic investments more closely with student-centric priorities and metrics.
- Over the past couple of years, SUNY Empire has already redirected or saved over $1.5 million within ITS areas.
“The Funding Allocation Matrix has enabled us as an institution to focus on the student first during the budget and strategic funding allocation process. Using the tool, we can set priorities to invest in the resources that our historically and currently marginalized students need for better outcomes.”
Lexie BonitatibusBudget Control Officer
Related Use Cases
A Strategic and Collaborative Approach Towards Educational Equity
Allocating Resources, Centering Students, and Sustaining Momentum
