3 Ways Institutions Are Modernizing Financial Aid
New research shows that financial aid deeply influences three important institutional goals: enrollment, retention and student success. But how do you compete in higher education today if you’re being held back by an antiquated, outdated financial aid software solution?
Consider these factors:
1. Four of the nine top considerations for students deciding on a school relate to how that institution manages the financial aid process
2. If students are unclear about how they’ll pay for their education, they are likely to leave after the first year
3. If financial aid teams are overwhelmed, the student experience suffers
A modern and automated financial aid experience benefits both the student and the learning institution.