Assessment of Administrators Adoption of Funding Strategies for Resource Improvement in South-South Universities

Abstract

ABSTRACT

This study examined administrators’ adoption of funding strategies for resource improvement in South-South Universities. Evaluative survey was adopted for the study. A total of 670 instruments (Federal Universities 366; state universities 304) were successfully returned. These formed the final sample size. Three research questions were answered while five hypotheses were tested in the study at 0.05 alpha level of significance. The instrument for data collection was a questionnaire titled: Assessment of Administrators Adoption of Funding Strategies for Resource Improvement Questionnaire. Mean was used to answer the research questions, the aggregate mean for each cluster were computed separately for federal and state universities respondents on each research question. Research questions were answered using mean scores while hypothesis where tested using  statistical package for social sciences to compare the variability of scores among respondents. The decision rule was to reject a null hypothesis where the significant value was greater than or equal to the alpha value and where the alpha value was less than the significant value, the null hypothesis was not rejected. Some of these endowment strategies include establishment of investment policies specially for endowment fund, create written spending policy etc. Among the recommendations made were; both administrators in federal and state universities should simplify the available endowments income provided to prospective donors and administrators in the universities, the state Universities most especially should employ the available commercial sources, as a way of funding the universities without the students really involved in the cost.

KEYWORDS: Evaluative  Aggregate  Investment  Endowment  Cost