Due to economic stringency occasioned by inflation and competing pressure for government expenditure, higher education institutions are faced by serious financial problems, and are forced to diversify sources of funding to raise funds in the face of reduced public funding.The Various methods introduced to generate additional income are only offsetting a fraction of the huge financial burden facing them. The book exemplify how Institutions can fill these financial gaps and if the academic and support units have the capacity to significantly generate additional income. The book focused on the manpower and management characteristics, potential sources of income generation, resources that enhance income generation, factors responsible for income generation, challenges and possible solutions to Income Generating Activities in schools and Institutions of Higher Learning. The book is designed especially for managers of schools and institutions of Higher learning to fully exploit the potential sources of income generation and resources at their disposal in attaining full potential in the management of Income Generating Activities.