How to Start a Technical School - Income - 2019

Technical schools and colleges are a very important part of the American education system. Their main purpose is to train and prepare talented students for a variety of careers outside of academics. Like community colleges, they generally do not offer degrees above the associate level. Unlike community colleges, they offer an array of certifications for entry-level positions in various career fields. Starting a school is very similar to starting a business, you need a proposal, startup funding and future projections to be successful.


Image result for How to Start a Technical School - Income - 2019Write a school proposal

Research the school for your purposes. Before you begin your proposal, scour your community, city and even county for research materials. As you begin to write, you will be able to answer the following questions: What are the other technical schools in your area? How and why are you different? What is the purpose of your schoolDo you have ideas for proposed programs and degree plans?

Write a school proposal or business plan. Just like any other business venture, you need a map of where you are going before you start. Your business plan will have several distinct parts: a summary (how does the plan apply), a school summary (what are your school objectives and goals?), Market analysis (who are your competitors? How is your school different?) And program planning (where you can help your students? Host? Who runs the school's financial and academic affairs?), Campus Plan (your cam For more information about PASS), financial planning (how to earn money the school will profit or non-profit organizations?), Visual documents (that is covered with a top).
Get money for your school. Make plans for your business, bank, credit union, private investor or benefactor and even try to secure funding for your school. Banks and credit unions will probably provide you with funds, but some non-profits, individuals and even government loans or grants may be able to provide support. IFF loans are a great source of funding for nonprofit schools. If you can prove that your school will serve low-income communities, you may be eligible for a US Treasury Department CDFI (Community Development Financial Institution) funding loan.

Start Your Technical School

Find out about the rules. The federal government controls all types of degrees or certificates issuing schools, including local governments, so be sure to comply with the United States Department of Education and your state's education agency.
Design your program. Depending on the degree and certificate you want to offer, you will need to formulate your student graduation plans. Some certificates require a certain number of classroom hours, while most degree plans require a certain number of credits. Determine how many hours or credits students will need to graduate and which courses will be offered each quarter, semester, and school year.
Hire faculty and staff. The professors, deans, counselors and board members who serve your school will double as a school student, at least until the beginning of graduation. Hire talented, motivated and experienced staff. Minimum staff should include a President, Academic Dean, Academic Counselor / Advisor, Financial Aid Representative, and Recruiter / Admissions staff. If your school is a non-profit, consider hiring a board of directors to help you make decisions about the school and raise money.
Work towards academic accreditation. Two major organizations give approval for technical schools: the ASSSC (Carrier School and College Approval Commission) and ACICS (the approval council for independent colleges and schools). You need federal and local compliance for both affiliated companies, you successfully prepare students for their careers, and you have operated for at least two years. You may not recognize at least one student before you graduate, which is a goal that you cannot achieve immediately.

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