Funding Allocation Matrix
The Funding Allocation Matrix is designed to help leaders and finance teams make objective decisions and prioritize student-centered investments during the annual or strategic budgeting processes. Provided in Microsoft Excel and Word, these tools help institutions evaluate and fund initiatives with the greatest positive impact on students. The tool places a student-centered focus on budget requests with particular emphasis on historically or currently marginalized populations, including racial/ethnic and low-income students.
Launch ToolkitValue Proposition
Helps higher education leaders and finance teams prioritize student-centered investments during the budget process.
Links strategic priorities to financial budgets that focus on investments supporting marginalized student populations.
Disaggregates campus data and supports development of funding recommendations for data-informed financial decisions.
Implementation Options
Choose the level of adoption that fits your institution's capacity and goals. Every toolkit offers flexible implementation paths from quick wins to comprehensive integration.
Introduce the Funding Allocation Matrix to departments. Conduct workshops to ensure understanding of its purpose and alignment with institutional goals.
Customize the scoring criteria to reflect institutional strategic priorities and integrate into existing budgeting workflows.
Conduct pilot tests with select departments, gather feedback, and establish mechanisms for ongoing evaluation and refinement.
See This Toolkit in Action
Learn how institutions have used Funding Allocation Matrix to improve student outcomes.
Ready to get started with Funding Allocation Matrix?
Access the full toolkit in the NACUBO Student Success Hub app.