Strengthening Income Diversification as a Strategy for Financial Sustainability of State Islamic Higher Education Institutions with Public Service Agency Status (Case Study)

Penulis: ISTIQAMAH MAGGU, S.E, Jamaluddin Majid, Andi Wawo

DOI: https://doi.org/10.5281/zenodo.22051570

Terbitan: Volume 1, Issue 9

Abstrak Naskah:

This study aims to analyze income diversification strategies at State Islamic Higher Education Institutions with Public Service Agency status (PTKIN-BLU) to strengthen financial sustainability and reduce dependence on Single Tuition Fees (UKT). The study employs a qualitative approach using a single-case study method supported by descriptive financial analysis. Data were collected through in-depth interviews, document analysis, and limited observation. The findings show that PTKIN-BLU revenue remains dominated by UKT, while non-UKT revenue has not yet developed into a productive, recurring, and strategic funding source. Non-UKT revenue should be classified into productive-strategic, passive, incidental or corrective, and new diversification opportunities. The recommended strategies include professionalizing the Business Development Center, optimizing institutional assets, strengthening academic and professional services, developing halal-related services, digitalizing revenue management, and implementing risk-based supervision. Theoretically, this study extends the understanding of income diversification by emphasizing the quality, productivity, and recurrence of non-UKT revenue sources. Practically, the findings provide a basis for PTKIN-BLU leaders to develop a revenue portfolio, strengthen business-unit governance, establish potential-based revenue targets, and expand alternative revenue sources without shifting the institution’s public-service function and Islamic identity.

Kata Kunci: Scope: Akuntansi, Income Diversification, PTKIN-BLU, Non-UKT Revenue, Financial Sustainability