Colleges and universities are looking for ways to cut costs and improve the student experience. Well-executed student financial aid self-service delivers on both fronts: It not only costs less for schools but also is preferred by students. The return on investment an institution realizes when it transforms to easy, mobile, and personalized financial aid is quantifiable.
At the 2016 National Association of College and University Business Officers’ (NACUBO) annual meeting, Bob Collins, Vice President of Student Financial Services at Western Governors University, and Gregg Scoresby, Chief Executive Officer at CampusLogic, presented strategies to help schools transform their FinAid experience.
- Improve accessibility: Student financial aid needs to be about software-driven, personalized pathways.
- Reduce borrowing: Student financial aid needs to be about tools and highly personalized road maps that show students how to borrow less
- Lower cost: Student financial aid needs to be about high value, highly personalized, lower cost interactions with students
Download the full presentation for more information on how personalizing the student financial aid experience can increase both enrollment and student engagement.
Download the NACUBO 2016 Presentation>
About the AuthorFollow on Linkedin More Content by Tracy Skochil