The institution’s resources, structures, and processes are sufficient to fulfill its mission, improve the quality of its education al offerings, and respond to future challenges and opportunities. The institution plans for the future.

Core Components

5.A.  The institution’s resource base supports its current educational programs and its plans for maintaining and strengthening their quality in the future.

  1. The institution has the fiscal and human resources and physical and technological infrastructure sufficient to support its operations wherever and however programs are delivered.
  2. The institution’s resource allocation process ensures that its educational purposes are not adversely affected by elective resource allocations to other areas or disbursement of revenue to a superordinate entity.
  3. The goals incorporated into mission statements or elaborations of mission statements are realistic in light of the institution’s organization, resources, and opportunities.
  4. The institution’s staff in all areas are appropriately qualified and trained.
  5. The institution has a well-developed process in place for budgeting and for monitoring expense.<