FINANCIAL SUSTAINABILITY OF EARLY CHILDHOOD EDUCATION PROGRAMS: ADMINISTRATIVE INSIGHTS

AMODA, DEBORAH OMOTUNDE, EMEZIRINWUNE DOMINICA CHIAMAKA AND OLUWASEUN ELIZABETH OLASEHINDE

Available online Aug 4, 2025.

[ Original ] Volume 24, Issue 2, 2025, Pages 195-204


Abstract

Financial sustainability is a critical challenge in early childhood education (ECE) administration, impacting programme accessibility, quality, and long-term viability. This review examines key financial management strategies, funding models, and budget planning techniques essential for ensuring the stability of ECE programmes. Effective budget planning, including needs assessment, cost-benefit analysis, and contingency planning, are crucial for optimizing financial resources. Various funding models, such as government grants, tuition-based systems, public-private partnerships, and alternative revenue streams, present unique advantages and limitations. Transparent financial reporting, cost-efficiency measures, and revenue diversification are identified as core strategies for maintaining financial resilience. Additionally, financial literacy among ECE administrators plays a pivotal role in sustainable fiscal decision-making, supporting the development of long-term financial plans that align with institutional goals. The paper highlights the need for innovative financing models, such as social impact investing and policy-driven funding interventions, to enhance the financial sustainability of ECE programmes. Future research should explore scalable financial frameworks that balance affordability with programme quality, ensuring that high-quality early education remains accessible to all children.

 

 


Keywords

Early childhood education, financial sustainability, budget planning, financial management, education policy,