As an Enrollment and Admissions Professionals, Your Goal is to Attract, Enroll and Retain the Most Qualified Students.
In today’s hypercompetitive recruiting environment, students are concerned with the cost of education and access to financial aid. You do an excellent job promoting your institution’s reputation, but unfortunately, when it comes to straightforward cost and financial aid information, many schools fall short of student expectations.
Regent Education’s financial aid software will give you an edge over other institutions by allowing you to accurately answer a prospective student’s questions about the cost of education and access to financial aid in real time. You no longer need to wait for students to complete their FAFSA or meet with a counselor prior to presenting them with a real-time estimate of cost and financial aid award on an annual as well as full program length basis. Additionally, our solutions help your students with the financial aid process, financial literacy and smart borrowing, resulting in improved student experience, retention, and completion.
Regent Education's Financial Aid Software helps with:
Engaging Prospective Students
Students require substantive information before they are willing to take a formal step in the admission process. Gone are the days of expecting students to complete an information request form to get access to basic cost and financial aid information. Regent Education solutions provide real-time data that students crave by answering questions like: “what will it cost me to attend your institution and complete a degree of my interest?”. When provided an opportunity to receive a real-time estimate of award, students stay more engaged and open to providing contact information for future follow up.
And, with the addition of Regent Award for Salesforce, - the only higher education financial aid app currently on Salesforce AppExchange - enrollment and student-success teams have access to key financial aid insights in their CRM, in the context of the student record.
Improving Student Experience
Students often complain about the number of forms and the complexity of the process to apply for financial aid. Regent Education's software allows you to simplify forms by using sophisticated logic to automatically and dynamically reconfigure questionnaires based on student answers. Our software also allows you to share data between questionnaires and existing student information systems, so students need to only enter data once.
Also, while Regent's solutions enable student self-service, there are times when students may want to talk to someone about their financial aid. When they do, Advisor Assist adds improved support to the student experience and can reduce call times. It allows an institution’s financial aid counselors or call center advisors to view the student’s financial aid portal interface for real-time, interactive guidance and question resolution.
Timely FAFSA Completion
The longest delay in enrolling students is the completion of FAFSA. Since most institutions direct students to the FAFSA on the Web, they lose control of the process and hope students will complete their FAFSA and properly enter their school code. For those schools that have counselors personally walk students through the FAFSA process, considerable human capital is expended.
With Regent's financial aid software, institutions control the process from beginning to end by allowing students to complete their FAFSA on the school’s website. Regent Education’s FAFSA questionnaire collects all the FAFSA data from the student and sends it directly to the Department of Education. For schools that prefer to help students complete the questionnaire, our solutions streamline the process, resulting in dramatically less time spent assisting students. Institutions receive tremendous benefits from having access to the student-entered data. Not only do they gather a wealth of data that can be analyzed to provide better service to their students, but they also have immediate insight into which questions are posing issues for their students. If a student drops out of a questionnaire, you will know exactly how far the student got, so you can help them quickly complete the questionnaire.
Qualifying Prospective Students
Not every student is right for your institution. Our software affords you the ability to develop questionnaires to identify the students that will most benefit from your programs.