ABSTRACT
This chapter proposes that a more effective approach to using resources and funding possibilities arises from thinking more comprehensively about advisor training and development. When existing budgets in academic advising units are overextended, internal and external resources need to be considered as potential funding sources. Advisors encountering funding issues often seek opportunities for external funding or even cost-cutting measures rather than rely on institutional funds or student advising fees. In a fractured funding environment, being aware of grants, crowdsourcing, and out-of-the-box funding resources becomes paramount. Institutions should adopt an equity-mindedness approach when making provisions for funding professional development among racial and ethnic disparities. When funding advisor training and professional development, advisors should remember that the funding should be focused, sufficient, or relevant. As employees receive encouragement and financial support for professional development, they become motivated to engage in proactive initiatives and offer voluntary contributions toward organizational goals.
