In today’s higher education environment, institutions are under pressure to expand enrollment and grow revenue while meeting the increasingly consumerized demands of a diverse student base.
Add to that the monumental decreases in state and federal funding, and it’s easy to see why most higher education leadership teams are racing to uncover any competitive edge they can find.
In the midst of all this pressure, financial aid departments are often fighting their own battles: not only must department members support increasingly complex financial aid services for nontraditional enrollment models, in additional to traditional ones, but they must do so often with a shrinking budget, complicated and constantly-changing federal regulations, and antiquated legacy software systems that were built decades ago.
What does your financial aid department have to do with your institution’s student success goals for enrollment, retention and the student experience? You may be surprised to learn that the connection runs deeper than you think.
Fill out the form below to find out why upgrading to modern financial aid solutions is an indispensable part of staying competitive.