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When applying for financialaid they probably won’t realize that– thanks to federal law– their housing plans may reduce the amount of help they receive. There are programs available to help lower utility bills (many don’t count financialaid as income), but few students are aware.
In todays ever-evolving enrollment landscape, financialaid professionals are being asked to do more with lessprovide equitable access, protect institutional integrity, streamline complex processes, and support families in real time. Its a tall order. This wasnt just another product updateit was a strategic leap forward.
These two-year and four-year institutions must also enroll a significant number of students who require needs-based financialaid. This includes working on retention strategies that emphasize information on financialaid and mental health services as well as continuing to build a sense of belonging.
The guide also recommended pairing completion grants with other resources and supports for students in need, because “participants reported that students who received completion grants were also likely to request emergency aid to remedy acute financial barriers to student success, such as basic needs insecurities and other nonacademic factors.”
After nearly 50 years of funding community colleges based on enrollment and outreach, the state of Texas is considering making the switch to outcome-based funding, rooted in metrics like retention, completion, and the successful transfer to four-year programs. It matters for the future of this great state.”
assistant vice president for retention at Emory & Henry University, weighed in on what colleges and universities can do to help support underrepresented student groups to ensure they receive the care and support they need to succeed. In a Gen Ztressed webinar hosted by TimelyCare, experts Brianna Yahaya, M.S Proffitt, M.A.,
Harpham, Director of Student FinancialAid at The University of Akron, had to say: “The partnership with Blackboard has completely changed the way that we do business in the financialaidoffice. Increased learner satisfaction and retention. Addressing these pain points is essential to improving retention.
As schools handle sensitive information, such as family financial records and student data, it’s essential to prioritize cyber awareness and implement strong security measures. This is particularly crucial when it comes to financialaid solutions, which often involve collecting and storing highly sensitive information.
While loan payments will continue to be stalled for students actively enrolled at your institution, there are a number of ways they could negatively impact your students—and your retention rates— today. These concerns could impact retention as current students think critically about taking on more debt. Navigate partners see a 3.5%
The roots of these equity gaps in many places fall at the feet of the colleges and institutions themselves, the way we admit students, the way we advise them, the way we register them for classes, the way we package them for financialaid.". How to Improve Student Outcomes.
So there are easy things that I've seen visiting community colleges, I visited a community college in Maine where the financialaid staff all went to lunch at the same time. This had a huge impact on retention. But some community colleges have managed to do it. And they've done things like, if somebody had a question.
But some MSIs — like other colleges and universities — are facing enrollment and retention issues due to stressors in the country overall — inflation, increasing student debt.” The delays and complications from the redesign resulted in fewer students applying for aid early, and put a strain on financialaidoffices.
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