PHOENIX, AZ, DECEMBER 3, 2019— CampusLogic, higher education’s leading student financial success platform, today announced the availability of a free, vendor-neutral online community hosted on the cloud-based Slack® collaboration platform. This virtual community is designed to unify the growing population of financial aid, scholarship, enrollment, admissions, and other industry professionals committed to empowering student financial success, which is fundamental to attaining academic and career success. CampusLogic also launched a new website, studentfinancialsuccess.com, where industry research and professional resources can be shared across the entire community.
“Launching these resources to connect the student financial success community promotes engagement in a profession and idea that has been undervalued for far too long. Financial aid professionals have spent their lives dedicated to making college an affordable component of the American dream for students,” said Amy Glynn, CampusLogic VP of Student Financial Success. “Schools have been overly focused on academic success, ignoring the fact that a student who cannot afford to be at school cannot ever succeed. Often the voices of aid offices have been diminished in the fight to improve student success. By launching this community, we are offering them a megaphone to amplify their voices and take a seat at the table to improve student outcomes.”
There are currently 36 million people in the U.S. who have earned some college credit but no degree, and estimates suggest most of those hold student loan debt. Complexity in accessing aid, poor comprehension of financial aid communications, difficulty assessing scholarship opportunities, and the inability to bridge short funding gaps all contribute to an industry average of 40% of students leaving school with no credential. The definition of the “typical student” has changed dramatically over the past 20 years—along with the expectations of those students for how they are supported through the complete higher education student lifecycle. To keep pace with consumer expectations, schools must continually adapt and innovate, committing to sustained institutional investments in automation to improve the student experience and decrease cycle times, expanded capacity for personalized advising that extends beyond the walls of the institution, and actionable analytics that help inform ongoing improvements in programs and processes.
Evangelizing student financial success requires nationwide participation from those across higher education. To further the movement, CampusLogic launched the following assets for financial aid and higher education professionals, policymakers, and education groups:
Student Financial Success Slack Community: A free, collaborative online community where professionals can communicate, leverage their state and regional resources, post and apply for jobs, and ask questions 24/7. The Slack platform is used daily by over 12 million people in more than 165 countries and offers message posting, instant messaging, voice and video calls, screen sharing, document uploads and sharing, and other collaboration features. Visit studentfinancialsuccess.com to sign up at no charge and participate in the virtual community.
StudentFinancialSuccess.com: A website to find informative research, data insights, and opportunities to interact and get involved. This website is intended to become a resource hub for information about student financial success.
“We are in the unique position of being able to facilitate industry connectivity across the country that will help schools define student financial success at their institution and make definitive plans for delivering that to every student,” said CampusLogic CEO Gregg Scoresby. “We are focused on empowering student financial success, and we’re working to connect people who want to share ideas, grow professionally, and remove barriers to higher education.”
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CampusLogic helps schools change lives by delivering the first—and only—Student Financial Success platform that incorporates a net price calculator, complete scholarship management, personalized digital communications, simplified financial aid verification, 24x7 multilingual virtual advising, tuition and scholarship crowdfunding, and integrated data visualizations. Over 500 schools across the country use CampusLogic to provide their students with an easy, mobile and personalized experience to simplify the financial success journey, resulting in increased enrollment, better informed borrowing, and improved retention. CampusLogic annually hosts EmpowerED, a conference dedicated to providing student financial success professionals with access to industry trends, best practices, and networking opportunities with like-minded colleagues. For more information, visit campuslogic.com.