Middle States Association  Standards

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Standard 3

            Institutional Resources          
The human, financial, technical, physical facilities, and other resources necessary to achieve an institution's mission and goals are available and accessible. In the context of the institution's mission, the effective and efficient uses of the institution's resources are analyzed as part of ongoing outcomes assessment.

Fundamental Elements of Administration

Relative to this standard, an accredited institution is characterized by
 

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 strategies to measure and assess the level of, and efficient utilization of, institutional resources required to support the institutions mission and goals; (3FE1 Data)

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rational and consistent policies and procedures in place to determine allocation of assets; (3FE2 Data)

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an allocation approach that ensures adequate faculty, staff, and administration to support the institutions mission and outcomes expectations; (3FE3 Data)

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 a budget process aligned with the institutions mission, goals, and strategic plan that provides for an annual budget and multi-year budget projections for at least three-years, both institution-wide and among departments; utilizes planning and assessment documents; and addresses resource acquisition and allocation for the institution and any subsidiary, affiliated, or contracted educational organizations as well as for institutional systems as appropriate; (3FE4 Data)

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a comprehensive facilities or infrastructure master plan and facilities/ infrastructure life-cycle management plan, as appropriate to mission, and evidence of implementation; (3FE5 Data)

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recognition in the comprehensive plan that facilities, such as learning resources fundamental to all educational and research programs and libraries, are adequately supported and staffed to accomplish the institutions objectives for student learning, both on campuses and at a distance; (3FE6 Data)

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an educational and other equipment acquisition and replacement process and plan, including provision for current and future technology, as appropriate to the educational programs and support services, and evidence of implementation; (3FE7 Data)

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adequate institutional controls to deal with financial, administrative and auxiliary operations, and rational and consistent policies and procedures in place to determine allocation of assets; (3FE8 Data)

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an annual independent audit (institutional or system-wide), confirming financial responsibility, with evidence of follow-up on any concerns cited in the audit's accompanying management letter; (3FE9 Data)

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periodic assessment of the effective and efficient use of institutional resources. (3FE10 Data)

 Optional Analysis and Evidence: