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Real-Life Decision Making -- Solution

You accept the poetry.

You figure this is a special case. After all, he's given you some great poetry!

A week later, the president of the arts council calls, demanding to know why a grant was issued for short stories when poetry was turned in.

It seems the president isn't the poetry lover you are and he's not pleased. He tells you that you've set a bad example for the arts council.

Now artists will think the way to get a grant is to apply for something they think will be approved, and then turn in what they've really been working on. He orders you to ask the artist to return the money.

"This was a tremendous setback for this writer, who didn't have $1,200," says Randy Follett.

Arts administrators must have excellent decision-making skills, says Fiona Black. She heads an arts management program. Since arts administrators deal with money a lot, the decisions they make have a direct impact on the bottom line.

A mistake may cost their organizations money. "You may not be in business for very long," she says. A wrong decision may also cost an arts organization prestige.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.