Higher education

BlueRidge Data and Custom Donations Announce Joint Venture, BlueRidge Giving, to Enhance NextGen Fundraising Initiatives for Higher Ed and Independent Schools

Retrieved on: 
Wednesday, February 15, 2023

BlueRidge Data and Custom Donations announce intent to form a joint venture that brings to market a NextGen online giving platform and complementary giving solutions and services that support the fundraising and alumni relations efforts for Higher Education and K-12 Independent Schools.

Key Points: 
  • BlueRidge Data and Custom Donations announce intent to form a joint venture that brings to market a NextGen online giving platform and complementary giving solutions and services that support the fundraising and alumni relations efforts for Higher Education and K-12 Independent Schools.
  • The new venture will operate as BlueRidge Giving, as both BRD and Custom Donations will combine their respective proprietary technologies, education customers and product solutions.
  • Mike Smith of Custom Donations will be responsible for BRG’s day-to-day operations serving as President and CTO.
  • Our goal is to bring modern payment methods and streamlined donor flows so that schools can leverage and grow young alumni participation.

Aramark Reports First Quarter Earnings

Retrieved on: 
Tuesday, February 7, 2023

As expected, the first quarter experienced a cash outflow associated with Aramark's normal seasonal business cadence, specifically in Higher Education, and higher working capital due to strong revenue growth.

Key Points: 
  • As expected, the first quarter experienced a cash outflow associated with Aramark's normal seasonal business cadence, specifically in Higher Education, and higher working capital due to strong revenue growth.
  • In the quarter, Net cash used in operating activities was $607 million and Free Cash Flow was a use of $706 million.
  • Aramark began fiscal 2023 with an ongoing commitment to provide exceptional service to clients, which led to strong business performance on both the top- and bottom-line.
  • The transaction is anticipated to close at the beginning of Aramark's fiscal third quarter, subject to customary closing conditions and approvals.

University of Phoenix College of Doctoral Studies Releases Whitepaper on Workforce Mental Health

Retrieved on: 
Friday, February 3, 2023

University of Phoenix College of Doctoral Studies has released a new whitepaper, “American Workers’ Mental Health and Its Implications in Their Careers,” authored by Karen Johnson, Ed.D., research methodology group leader in the University’s Center for Educational and Instructional Technology Research (CEITR).

Key Points: 
  • University of Phoenix College of Doctoral Studies has released a new whitepaper, “American Workers’ Mental Health and Its Implications in Their Careers,” authored by Karen Johnson, Ed.D., research methodology group leader in the University’s Center for Educational and Instructional Technology Research (CEITR).
  • The purpose of the whitepaper is to identify mental health needs and the resources available through employers as reported in 2022 University of Phoenix Career Institute® Career Optimism Index® study, including what employees reported about their mental health, the support they need, and whether they believed that support was available from their employers.
  • The findings have implications for employers to better understand mental health needs and awareness of resources by their workforce and contribute to talent retention.
  • “We continue to see the reverberation of how the pandemic impacted the mental health of our American workforce,” states Johnson.

Ancora High School Partners with McGraw Hill to Launch New Online High School for Adults

Retrieved on: 
Wednesday, February 15, 2023

ARLINGTON, Texas, Feb. 15, 2023 /PRNewswire/ -- Workforce solutions provider Ancora has developed a new relationship with McGraw Hill to launch Ancora High School. The flexible, individualized and 100% online learning experience is open to learners aged 18 or older who have completed 9th grade. Students can apply on a rolling basis throughout the year and complete coursework on their own timeframe. Ancora High School is an online high school that offers a Texas high school diploma and is accredited by Cognia™.

Key Points: 
  • ARLINGTON, Texas, Feb. 15, 2023 /PRNewswire/ -- Workforce solutions provider Ancora has developed a new relationship with McGraw Hill to launch Ancora High School .
  • Ancora High School is an online high school that offers a Texas high school diploma and is accredited by Cognia™.
  • Ancora High School has earned accreditation by Cognia™ , a nonprofit organization that provides quality assurance for schools, school districts, and education service providers.
  • Upon completion of the enrollment application, the student will be contacted by an Ancora High School representative to discuss Ancora High School and the adult high school completion program.

National Student Success Nonprofit Names Former New Jersey Secretary of Higher Education to Advisory Board

Retrieved on: 
Tuesday, February 14, 2023

PORTLAND, Ore., Feb. 14, 2023 /PRNewswire/ -- InsideTrack, the national nonprofit student success organization that has served more than 2.9 million students over the past two decades, today announced the appointment of Dr. Zakiya Ellis, former New Jersey Secretary of Higher Education and Chief Policy Advisor to Governor Phil Murphy, as a new member of its Advisory Board. Dr. Ellis currently serves as a Principal at the national mission-based education consulting firm EducationCounsel. A former higher education policy advisor in the White House Domestic Policy Council under President Obama and a former Lumina Foundation policy strategist, Dr. Ellis brings experience from a distinguished career working in higher education policy, management and philanthropy to her role as an advisor to InsideTrack.

Key Points: 
  • Dr. Ellis currently serves as a Principal at the national mission-based education consulting firm EducationCounsel.
  • At this critical time for students, InsideTrack's evidence-based approach to improving higher education attainment is more important—and relevant—than ever."
  • With nearly two decades of experience in state and federal higher education policy, Dr. Ellis recent experiences includes public service with the administration of New Jersey Governor Phil Murphy (D), which she joined in 2018 as Secretary of Higher Education, responsible for developing higher education policies and coordinating postsecondary education activities for the state.
  • "Dr. Ellis's experience balances an unmatched technical knowledge of higher education finance and the policymaking process with a deep commitment to issues of equity, access and student success.

McGraw Hill Reports Fiscal Third Quarter and Year-to-Date Fiscal 2023 Financial Results

Retrieved on: 
Tuesday, February 14, 2023

COLUMBUS, Ohio, Feb. 14, 2023 /PRNewswire/ -- McGraw Hill, a leading global education company, reported year-to-date (YTD) financial results ending December 2022 that demonstrate sustained momentum in digital billings growth, market share gains, and adjusted EBITDA margin expansion. The company reported total YTD billings growth of 19% to $1.8 billion and 23% growth in adjusted EBITDA to $756 million.

Key Points: 
  • The company reported total YTD billings growth of 19% to $1.8 billion and 23% growth in adjusted EBITDA to $756 million.
  • "Our year-to-date results reflect the strength of our execution and consistency of our delivery," said Simon Allen, CEO of McGraw Hill.
  • The acquisition adds to McGraw Hill's offerings in the growing digital medical education market.
  • McGraw Hill is a leading global education company that partners with millions of educators, learners and professionals around the world.

A&G Co-Presidents: Selling Real Estate and Renegotiating Leases Can Be a Winning Strategy for Colleges and Universities

Retrieved on: 
Monday, February 6, 2023

NEW YORK, Feb. 6, 2023 /PRNewswire/ -- Colleges and universities can generate more liquidity from real estate optimization projects if they first study the needs of landlords, prospective buyers and local communities, advised executives from A&G Real Estate Partners and Cambridge College in a Jan. 19 webinar.

Key Points: 
  • The Association of Governing Boards of Universities and Colleges (AGB) produced the one-hour program, " Using Real Estate to Bolster Liquidity in Higher Education ."
  • Healey, who formerly spearheaded real estate strategies at Connecticut's The University of Bridgeport, said many schools could benefit from real estate optimization given today's declining enrollments, rising interest rates and higher inflation.
  • Panelists said boards of healthy and distressed schools can avoid leaving money on the table by taking a methodical approach to renegotiating leases, selling real estate assets and conducting sale-leaseback transactions.
  • Boards should be wary of third-party consultants who apply a one-size-fits-all approach to real estate marketing and deals, Amendola cautioned.

Mythics, Inc. Partners with The Northwest Regional Data Center (NWRDC) to provide the Oracle Cloud Infrastructure (OCI)

Retrieved on: 
Thursday, January 26, 2023

VIRGINIA BEACH, Va., Jan. 26, 2023 /PRNewswire/ -- Mythics, Inc. , an award-winning Oracle Service and Sell Partner of over 20 years, is pleased to partner the Northwest Regional Data Center (NWRDC) to provide the Oracle Cloud Infrastructure (OCI) service offerings within the state of Florida.

Key Points: 
  • VIRGINIA BEACH, Va., Jan. 26, 2023 /PRNewswire/ -- Mythics, Inc. , an award-winning Oracle Service and Sell Partner of over 20 years, is pleased to partner the Northwest Regional Data Center (NWRDC) to provide the Oracle Cloud Infrastructure (OCI) service offerings within the state of Florida.
  • NWRDC has served public and not-for-profit entities for over forty-five years and is one of Florida's leading computing providers for government and educational communities.
  • Mythics is an award-winning Oracle systems integrator, consulting firm, managed services provider and member of the Oracle PartnerNetwork representing Oracle product lines across cloud, software, support, hardware, engineered systems and appliances.
  • For more information or to place an order, contact Mythics at 866-698-4427; email [email protected] or visit https://www.mythics.com or @mythics on LinkedIn and Twitter.

Vector Solutions Launches Higher Education Campus Climate Survey Tool To Help Institutions Prepare for New Department of Education Survey Release in 2023

Retrieved on: 
Tuesday, January 24, 2023

TAMPA, Fla., Jan. 24, 2023 /PRNewswire-PRWeb/ -- Today, Vector Solutions, the leading provider of software solutions and data insights that elevate higher education institutions' compliance and prevention strategies, announced the release of a new campus climate survey tool in conjunction with the latest Department of Education initiative. Vector Solutions' Campus Climate Survey for Higher Education will enable colleges and universities to easily administer surveys in order to be in compliance with The Violence Against Women Act (VAWA). This law requires colleges and universities receiving federal funding to administer surveys to students every two years on the topics of dating and domestic violence, sexual assault, sexual harassment, and stalking. Vector's deployment tool will come preloaded with the Department of Education's new survey instrument when it's released later this year.

Key Points: 
  • Vector Solutions' Campus Climate Survey for Higher Education will enable colleges and universities to easily administer surveys in order to be in compliance with The Violence Against Women Act (VAWA).
  • Vector's deployment tool will come preloaded with the Department of Education's new survey instrument when it's released later this year.
  • Vector Solutions' Campus Climate Survey for Higher Education tool integrates with the existing Vector Solutions learning management system (LMS), allowing administrators to provide a scalable, impactful and cost-effective way to deploy the survey to students.
  • Their Campus Climate Survey tool leverages subject matter expertise and proven technology from a name colleges can trust, giving administrators and students alike peace of mind.

Alliance University Hosts Grand Annual Convocation Ceremony

Retrieved on: 
Monday, January 16, 2023

BENGALURU, India, Jan. 16, 2023 /PRNewswire/ -- Alliance University, South India's first private university and one of the leading private universities in India, successfully hosted its Annual Convocation ceremony at the University's Central Campus in Bengaluru.

Key Points: 
  • BENGALURU, India, Jan. 16, 2023 /PRNewswire/ -- Alliance University, South India's first private university and one of the leading private universities in India, successfully hosted its Annual Convocation ceremony at the University's Central Campus in Bengaluru.
  • The ceremony began with a welcome address by Mr. Abhay G. Chebbi, Pro-Chancellor, Alliance University who congratulated the graduates and encouraged them to strengthen their networking and communication abilities, develop relevant skills periodically, think like an entrepreneur and develop leadership qualities.
  • This was followed by the university's annual report presented by Dr. Anubha Singh, Vice-Chancellor of Alliance University who gave an overview of the University's achievements and 25 years of Alliance Education and the university's vision to be a world-class institution.
  • The convocation saw graduation of 2445 students of which 1615 received degrees; 830 received diplomas; and 14 received doctoral degrees.