PHOENIX, April 4, 2018 — CampusLogic, the leading student financial services (SFS) platform, today announced the launch of ScholarshipUniverse. The only technology of its kind, ScholarshipUniverse helps colleges and universities increase accessibility and retention by closing student funding gaps, improve scholarship fund utilization with better visibility and management, and bring outside funds to the institution through vetted external scholarships.
Research suggests that more than three million students drop out of higher education each year due to financial constraints—a challenge exacerbated by disorganized scholarship processes. In addition, 58% of institutions lack automated scholarship management or are unsure of what they use to manage scholarships. ScholarshipUniverse enables colleges to match prospective students with scholarships and manage applications, reviewing, and awarding.
“Our students reported that they had trouble finding relevant scholarships and navigating the process,” said Rebekah Salcedo, Director of Scholarships and Financial Aid at the University of Arizona. “With ScholarshipUniverse we simplified the scholarship process, streamlining access to over $6M of external funding to UA students in one year.”
First implemented at the University of Arizona campus, where over 70% of students have used ScholarshipUniverse, the enhanced solution is now available to universities across the country. ScholarshipUniverse also integrates with CampusLogic’s SFS platform, which helps institutions remove barriers from the student financial services journey to improve enrollment and retention.
“At many institutions, scholarships are managed with Excel or homegrown systems,” said Chris Chumley, Chief Operating Officer for CampusLogic. “But managing millions of dollars in funding—and students’ futures—deserves better technology. That’s why we built ScholarshipUniverse, the most advanced scholarship solution in higher education today.”
ScholarshipUniverse is available now. To attend a ScholarshipUniverse webinar, visit https://campuslogic.com/. Current CampusLogic customers can also purchase ScholarshipUniverse at a discount. Contact your account representative for more details.
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.