Dr. Jessica C. Gerrity, Senior Vice President and Leader of the Higher Education Practice of McAllister & Quinn, recently sat down with Sean Creighton, President of The New American Colleges & Universities (NACU) to discuss how small colleges can pursue federal grant opportunities that catalyze transformative change on campuses.
On NACU’s podcast series, Connect, Collaborate, Champion, Jessica and Sean spoke on how grant funding can provide resources that allow colleges and universities to achieve goals they otherwise couldn’t without external dollars. In episode 45, titled “Grant Funding Strategies for Colleges and Universities,” they delve into ways that institutions might leverage outside support to navigate the funding process.
In the realm of academia, securing funding is often perceived as an endeavor reserved exclusively for large research institutions with sprawling campuses and hefty endowments. However, this notion couldn’t be further from the truth.
In fact, there exists a wealth of funding opportunities for small and mid-sized colleges, waiting to be tapped into by those willing to explore and pursue them. In the episode, Jessica and Sean debunk the myth surrounding funding accessibility, shed light on the resurgence of earmarks, and highlight the importance of diversity in grant applications.
Federal Grant Opportunities for Small Colleges
Dispelling the Myth: Funding Beyond Research Institutions
One prevalent myth in the academic community is that funding is predominantly accessible to large research institutions. However, the reality is far more inclusive. Small and mid-sized colleges are increasingly finding robust funding opportunities tailored to their unique strengths and objectives.
These institutions may not boast the same scale of research infrastructure as their larger counterparts, but they offer distinct advantages, such as a more personalized learning environment and a focus on undergraduate education. Federal agencies and foundations recognize the value that these colleges bring to the academic landscape and are actively seeking to support their endeavors.
The Resurgence of Earmarks in Higher Education
Earmarks, once a contentious topic in the realm of government spending, are making a comeback. For colleges and universities, this resurgence translates into additional funding opportunities beyond traditional executive branch agency funding. Earmarks provide legislators with the ability to direct funds to specific projects or initiatives within their constituencies, including educational institutions.
This opens up new avenues for funding that may align closely with the priorities and initiatives of small and mid-sized colleges. By leveraging earmarks effectively, these institutions can access a significant source of additional funding to support their mission and objectives.
Embracing Diversity in Grant Applications
Federal agencies are increasingly emphasizing the importance of diversity in grant applications, particularly from teaching-focused institutions. Small and mid-sized colleges have a unique opportunity to showcase their innovative approaches to pedagogy and their commitment to diversity, equity, and inclusion.
Agencies are actively seeking out applications that reflect a diverse range of perspectives and experiences, recognizing the value of different voices in driving meaningful research and educational outcomes. By embracing diversity in grant applications, colleges can strengthen their competitiveness and enhance their chances of securing funding.
McAllister & Quinn’s High-Touch Grant Consulting Services
At McAllister & Quinn, we understand that navigating the complex landscape of grant applications for small and mid-sized colleges can be daunting, especially for institutions that are new to the process. That’s why we offer a “high touch” approach, providing personalized guidance and support to clients at every step of the journey. Whether you’re a small liberal arts college or a mid-sized university, we meet you where you are, tailoring our services to fit your unique needs and goals.
Grant Funding Strategies for Higher Education
Our approach revolves around building a comprehensive funding strategy that encompasses federal agency funding, congressional earmarks, foundation grants, and in some cases, state grants. By diversifying your funding sources, you can mitigate risk and maximize opportunities for financial support.
We work tirelessly to identify funding opportunities that align with your existing programs and activities, whether it’s summer research initiatives, fieldwork experiences, study abroad programs, community outreach efforts, or bridge programs.
Unlocking Funding Opportunities for Colleges and Universities
In conclusion, small and mid-sized colleges possess inherent strengths and opportunities in the realm of grant seeking.
By dispelling the myth of funding exclusivity, embracing the resurgence of earmarks, prioritizing diversity in grant applications, and leveraging the support of organizations like McAllister & Quinn, these institutions can unlock a wealth of funding opportunities to support their mission of academic excellence and student success. It’s time for colleges and universities of all sizes to seize the moment and harness the power of grants to drive meaningful change and innovation in higher education.
For more information on how to position your institution to secure available funding opportunities, Click Here to schedule an introductory consultation with our team.
About McAllister & Quinn
McAllister & Quinn is a premier federal grant consulting and government relations firm. Based in Washington, DC, McAllister & Quinn’s unique approach has helped clients secure over $15 billion in federal grants.