Education Financing Strategies: SWOT Analysis for Sustainable Strategy

This study aims to analyze education financing strategies by using SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to identify the strengths, weaknesses, opportunities, and threats faced by schools. The main strengths found are the existence of canteens and cooperatives as sources of internal income, the participation of employees and students in school financing, and support from committees, parents, and alumni. The weaknesses identified include limited human resources in managing financing, costs for competitions, procurement of facilities and infrastructure, as well as salaries for teachers and honorary staff. Opportunities that can be used include regular funds from the government and local governments as well as contributions from committees and alumni. The threats faced include delays in the procurement of the 2013 Curriculum books and dependence on the procurement of civil servants. The proposed way of solving the problem is through an alternative strategy designed based on a SWOT analysis. This strategy includes leveraging internal strengths and external opportunities to increase school revenues, improving internal weaknesses through better training and management, and addressing threats by seeking more independent and innovative alternative solutions. The results of the study show that with the right strategy, schools can improve the effectiveness of education financing, ensure optimal use of resources, and achieve desired educational goals. This research also highlights the importance of careful planning and collaboration with various stakeholders to ensure sustainability and improve the quality of education in schools.

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Publication Details

Journal
Edumaspul - Jurnal Pendidikan
Published
2024-10-01
DOI
https://doi.org/10.33487/edumaspul.v8i2.8308
Primary Topic
Innovation and Socioeconomic Development
Type
article
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article

Education Financing Strategies: SWOT Analysis for Sustainable Strategy

Endry Setiawan, Hermansyah Hermansyah, Arina Santi, Ninik Handayani et al.
Edumaspul - Jurnal Pendidikan
Innovation and Socioeconomic Development
article

Education Financing Strategies: SWOT Analysis for Sustainable Strategy

Endry Setiawan, Hermansyah Hermansyah, Arina Santi, Ninik Handayani, Ranto Setiyono, Usfandi Haryaka
article en

Abstract

This study aims to analyze education financing strategies by using SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to identify the strengths, weaknesses, opportunities, and threats faced by schools. The main strengths found are the existence of canteens and cooperatives as sources of internal income, the participation of employees and students in school financing, and support from committees, parents, and alumni. The weaknesses identified include limited human resources in managing financing, costs for competitions, procurement of facilities and infrastructure, as well as salaries for teachers and honorary staff. Opportunities that can be used include regular funds from the government and local governments as well as contributions from committees and alumni. The threats faced include delays in the procurement of the 2013 Curriculum books and dependence on the procurement of civil servants. The proposed way of solving the problem is through an alternative strategy designed based on a SWOT analysis. This strategy includes leveraging internal strengths and external opportunities to increase school revenues, improving internal weaknesses through better training and management, and addressing threats by seeking more independent and innovative alternative solutions. The results of the study show that with the right strategy, schools can improve the effectiveness of education financing, ensure optimal use of resources, and achieve desired educational goals. This research also highlights the importance of careful planning and collaboration with various stakeholders to ensure sustainability and improve the quality of education in schools.

Edumaspul - Jurnal PendidikanVol. 8(2)
University High School (US), Mulawarman University (ID)
Openalex Percentile: Top 49%
Innovation and Socioeconomic Development
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Education Financing Strategies: SWOT Analysis for Sustainable Strategy — Endry Setiawan, Hermansyah Hermansyah, et al. · Edumaspul - Jurnal Pendidikan (2024) | TGRS Research Map | TGRS