PHOENIX, July 27, 2021—CampusLogic, higher ed’s leader in Student Financial Success technology, saw a big first half of 2021 as more colleges realize the key to solving today’s biggest institutional challenges lives in the financial aid office. As of July 2021, nearly 800 schools across the U.S. have partnered with CampusLogic to remove financial friction for students – the #1 barrier to degree completion. These schools are prioritizing access for historically underrepresented students, diverse enrollment and increasing graduation rates thanks to automation, personalization, AI and smarter communications.
So far in 2021, CampusLogic’s platform solutions have:
- Matched 116K scholarships with students totaling more than $119.2M in awards.
- Conducted 2.7M net price calculations using ClearCost, which supports increased transparency between schools and prospective students.
- Submitted $1.675M in potential scholarship earnings through RaiseMe Enrollment.
- Sent out 22.5M easy-to-understand award communications to students using CampusCommunicator.
Dozens of new customers this year strengthen CampusLogic’s mission to drive Student Financial Success at colleges nationwide, which includes multiple system-level agreements. The organization also saw impressive growth with its existing customer base. More and more schools are re-imagining the financial aid process as they realize that financial friction is the greatest roadblock to enrollment, retention and graduation.
"After the pandemic year, it's a breath of fresh air to look back on the success of the past two quarters and see how the focus on digital transformation in the enrollment and financial aid offices is directly supporting the strategic objectives for higher ed,” said Allison Duquette, CRO of CampusLogic. “We’re seeing so much excitement when we visit our partner schools that are preparing to welcome more diverse classes to campus this fall. And those students are embarking on their college journeys with one less stressful thing on their plates: financial friction. This means they’re more likely to stay in school and walk across the graduation stage.”
The CampusLogic platform comprises an integrated end-to-end suite of enrollment and financial aid tools: A net price calculator, complete scholarship management, personalized digital communications, simplified financial aid verification, 24x7 personalized virtual advising, tuition and scholarship emergency funding and integrated data visualizations.
“Our customers saw an opportunity in 2020 to improve systems and create a better student experience through financial aid, which they are putting into action as students come back to a sense of normal on campus this fall,” said Chris Chumley, President and COO of CampusLogic. “And there’s still work to be done. New changes in financial aid regulations, shifting priorities for schools and a drive to diversify student bodies will require continued work to help schools remove barriers to degree completion. We’re committed to that work and to help schools change lives.”
CampusLogic delivers SaaS technology that helps hundreds of colleges and universities remove barriers in the financial aid process. A team of dedicated Student Financial Success professionals works with nearly 800 schools to increase enrollment, retention and graduation rates with the most comprehensive suite of student financial success products. CampusLogic has received multiple awards, which include the Deloitte Technology Fast 500, Inc. 5000, SIIA CODiE Awards, and Education Technology Insights Top 10 Artificial Intelligence Solution Provider. To learn more about CampusLogic, visit https://www.campuslogic.com/