Each year financial aid offices staff up and may even require overtime and deny vacations in order to manage processing of all the student files that have been selected for verification. Increased regulatory complexity and annual policy changes have made verification one of the most costly and complex aspects of the administration of Title IV aid. Just keeping up with the changes is a challenge, so it is not surprising that verification is one of the leading causes of compliance and audit findings-and a key issue in service challenges and escalated calls.
Frederick, MD – Regent Education has announced support for the Department of Education’s Limited Direct Assessment Experiment via its industry leading financial aid management software, Regent Award. Regent Award is the only solution to offer full support for all enrollment models, including non-term and Competency Based Education (CBE). In July 2014, the president passed legislation entitled the Experimental Sites Initiative (ESI). […]
This quarter’s Featured Employee is Sharon Clough, Vice President of Financial Aid Compliance at Regent Education. Sharon joined the Regent team in July 2011 and is based out of our Frederick, MD office. Born in Texas, Sharon has lived all across the U.S. but now resides with her husband in Frederick County and is here to stay!
In July 2014, the president passed legislation that allowed for more Americans to obtain the skills needed for in demand jobs. Entitled the Experimental Sites Initiative (ESI), the included experiments test innovative practices in higher education that are aimed at providing improved, faster and more flexible paths to academic and career success.
According to the National Center for Education Statistics, in 2011 there were 17.6 million undergraduates enrolled in higher education institutions. Of that population, 25% of them were over the age of 25 and another 25% were over the age of 30. This number continues to grow as it is estimated that by 2019, students over […]
The Need Mohave Community College (MCC) identified three key opportunities related to its Title IV verification process and set out to find a solution that would reduce the administrative costs, improve service and provide additional compliance controls. With more than 5,000 students and 4 locations, it was imperative that MCC find a robust solution that […]
Frederick, MD – Regent Education, the leading provider of financial aid management and enrollment optimization software solutions for higher education institutions, today announced a $9 million round of funding to support and accelerate the company’s growth. The company closed a $4 million Series C equity financing from both new and existing investors: New Markets Venture […]
Manchester, NH – Southern New Hampshire University (SNHU) has selected Regent Education’s financial aid management system—Regent Award—to support financial aid processes for all their students and programs including their industry-leading online programs and their new and cutting edge Competency Based Education program known as College for America (CFA). Regent Award is the only financial aid […]
Kingman, AZ – Mohave Community College has selected Regent Education’s verification solution, Regent Review, to automate and streamline the entire student verification process. Mohave selected Regent Review after a request for proposal process that focused on reducing processing times, compliance control and efficiency to reduce administrative costs. Regent Review allows Mohave’s Student Services staff to focus on advising, personal outreach and the increased […]
FREDERICK, MD – Regent Education has successfully launched their industry-leading verification solution, Regent Review at Universal Technical Institute (NYSE: UTI), the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. Regent Review fully automates the collection of verification documents, automates C-code processing, task assignments and […]