Ducation Financing Management in Islamic Elementary Schools


FORMOSA NEWS Kebumen - Financing Management at MI Cokroaminoto Banjarnegara Recognized as Transparent and Accountable. This finding was revealed in research by Heru Cahyono, Umi Arifah, Shohibul Adib, Maesaroh, Maryanto, and Siti Fatimah from the Institut Agama Islam Nahdlatul Ulama (IAINU) Kebumen was published in the International Journal of Scientific Multidisciplinary Research in 2026.

This finding is significant because financing serves as the primary foundation for the sustainability of Islamic elementary schools. Without proper financial planning and supervision, educational quality is difficult to improve, and school programs risk being disrupted.

Why Is Education Financing Crucial?

Education financing is not merely about the availability of funds, but about how those funds are managed effectively, efficiently, and transparently. Numerous studies show that professional financial management directly contributes to improving learning quality, curriculum development, teacher training, and the provision of educational facilities. At the elementary school level, financial management becomes even more strategic because this stage forms the foundation of formal education. Proper investment at the primary level has long-term impacts on students’ quality in subsequent educational stages. MI Cokroaminoto Karangkemiri, located in Wanadadi District, Banjarnegara Regency, serves as an example of systematic financing management involving multiple stakeholders.

Research Method

The research team employed a qualitative approach with a field research design. Data were collected through:

·        Direct observation at the madrasah

·        Interviews with the principal, treasurer, teachers, committee members, and parents

·        Documentation studies

Data analysis utilized the Miles, Huberman, and Saldana model, which includes data condensation, data presentation, and continuous verification. This approach enabled the researchers to comprehensively describe the processes of planning, implementation, and supervision of education financing.

 

Key Findings: Three Pillars of Financial Management

Planning Conducted at the Beginning of Each Academic Year

Financial planning is carried out at the start of every academic year by forming a madrasah financial management team. The team consists of:

·        The principal

·        The treasurer

·        Teachers

·        The madrasah committee

·        Parent representatives

All institutional needs are identified and formulated in the Madrasah Activity and Budget Plan (RKAM). The document is then socialized to the entire school community and publicly displayed on the announcement board to ensure transparency.

This step ensures that every program has a clear and mutually agreed-upon budgetary foundation.

 

Implementation Refers to Official Technical Guidelines

The implementation of fund utilization follows the technical guidelines issued by the Ministry of Religious Affairs of Banjarnegara Regency. Every decision regarding budget usage is based on collective agreement and recorded in official meeting minutes. The funds used are listed in the RKAM and sourced from government allocations and other legitimate sources. This approach fosters a sense of shared ownership over madrasah programs while strengthening a culture of transparency. The madrasah treasurer emphasized that the financial system aims to provide sufficient resources for students to learn while ensuring funds are used efficiently.

 

Periodic Supervision

Financial supervision is conducted every three months and reported each semester, specifically in June and December.

Supervision involves:

·        The principal

·        Teachers

·        The madrasah committee

·        The Madrasah BOS team

·        City and Provincial BOS teams

·        The inspectorate

The supervision process includes:

·        Setting standards

·        Measuring results

·        Comparing planned and actual expenditures

·        Correcting deviations when necessary

Accountability reports are submitted online through the BOS application and also stored in printed form at the madrasah. Over the past three years, no misuse of government funds has been identified, and all activities have been implemented according to the approved budget plan.

 

Impact on Educational Quality

The study shows that well-planned and strictly supervised financing management has a tangible impact on the operational stability of the madrasah.

Identified benefits include:

·        Sustainability of extracurricular programs

·        Stability of educational services

·        Increased parental trust

·        Transparency in fund utilization

·        Minimal risk of financial mismanagement

 

Author Profiles

Heru Cahyono, M.Pd. Lecturer at IAINU Kebumen, specializing in educational management and school financial governance.

Umi Arifah, M.Pd.  Academic at IAINU Kebumen, focusing on educational administration.

Shohibul Adib, M.Pd.  Researcher in Islamic education.

Maesaroh, M.Pd.  Lecturer specializing in elementary education management.

Maryanto, M.Pd.  Specialist in educational administration and policy.

Siti Fatimah, M.Pd. Researcher in educational quality assurance.

 

Research Source

Heru Cahyono, Umi Arifah, Shohibul Adib, Maesaroh, Maryanto, and Siti Fatimah.
Education Financing Management in Islamic Elementary Schools. 
International Journal of Scientific Multidisciplinary Research (IJSMR), Vol. 4, No. 1, 2026, pp. 21-32. 2026

DOI:  https://doi.org/10.55927/ijsmr.v4i1.837
URL:  https://mryformosapublisher.org/index.php/ijsmr

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