Texas A&M University-Commerce Selects Regent Education's Financial Aid Management Solution, Regent 8
Frederick, MD January 27, 2015 - Texas A&M University-Commerce has selected Regent Education's financial aid management solution, Regent 8, to support the administration of financial aid for the state's first competency-based degree offered by a public university. The program is entitled the Texas Affordable Baccalaureate. Upon completion, students earn a Bachelor of Applied Arts and Sciences (BAAS) in organizational leadership. Regent 8 is the only financial aid management solution to offer complete support for all enrollment models including standard term, non-term, borrower-based and Competency Based Education (CBE).
"The ability to administer financial aid effectively for a competency-based program is critical to an institution's success, but most financial aid software solutions are unable to support CBE," said Mary Hendrix, Vice President of Student Access and Success. "Regent 8 will enable us to administer financial aid in an automated manner, and students will be able to progress academically without being hindered by the limitations of financial aid software."
Texas A&M University-Commerce is the second largest school in The Texas A&M University System with more than 12,000 students and is leading the state in CBE. Their Bachelor of Applied Arts and Sciences (BAAS) in organizational leadership degree prepares leaders for employment in an increasingly technological and global society. This program provides opportunities for students to receive credit for what they know and can do, allowing them to accelerate completion of their degree. And, because it is fully online, students are able to plan their study schedules around the rest of their day to complete the coursework.
"We are very pleased to be working with one of the leading competency-based education institutions in the country," said Randy Jones, CEO of Regent. "When we designed Regent 8, our central tenet was to design a state-of-the-art financial aid management solution that would enable institutions to automate even the most complex enrollment models. We are thrilled that Regent 8 will enable Texas A&M University-Commerce to have the academic flexibility they desire, while also enabling them to meet the changing needs of their learners."
Regent Education continues to expand its list of leading CBE schools while resolving the issues schools face when trying to administer Title IV aid for CBE. Regent 8 is the onlysolution on the market today that fully supports both traditional and non-traditional enrollment models. The challenges institutions face related to the administration of Title IV financial aid when offering competency-based programs are the result of financial aid management systems that are designed around the concept of structured periods of enrollment around a traditional academic calendar. The design of Regent 8 is fundamentally different, providing institutions flexibility to offer programs with non-traditional terms, while matching the financial aid model to the academic model. To learn more about Regent Education's work with CBE schools, visit www.regenteducation.com.
Regent Education offers monthly webinars on all of their products, as well as webinars that review CBE. To learn more, visit: http://www.regenteducation.com/about-us/webinars/.
Founded in 2006, Regent Education is a leading provider of software solutions that have revolutionized financial aid management and enrollment processes for schools using non-traditional enrollment models. Today, Regent 8, the eighth version of Regent's financial aid management system, is the only solution that provides end-to-end automation for non-term, nonstandard term, and standard academic years. Regent SNAP enables schools to provide estimated awards to prospective students in 15 minutes or less-a process that normally takes days or weeks. Regent Review is the industry's only fully-automated verification solution.
Regent is a nationally recognized leader in results-driven enrollment optimization and financial aid management solutions-solutions that are web-based, easy-to-use, and interoperate with any existing student information system. Regent offers software-as-a-solution (SaaS) tools that help institutions increase enrollment, improve retention, speed student processing, mitigate compliance risks and deliver bottom-line results.
About Texas A&M University-Commerce
Since 1889, Texas A&M University-Commerce has focused on giving students comprehensive access to higher education and assisting them to achieve success. With its main campus located in Commerce, Texas, the university holds six off-site locations across the Dallas-Fort Worth Metroplex, as well as rigorous online programs for undergraduate and gradate degrees.
The university currently offers 144 programs in 26 academic departments and has a diverse student body of approximately 6,000 undergraduate and 4,000 graduate students. Most recently, the university was given the honor of being named an "emerging" Hispanic-Serving Institution. To learn more about Texas A&M University-Commerce's programs visit http://www.tamuc.edu/.