Awards recognize the leading companies, solutions, and products in the EdTech industry today
Frederick, MD - June 8, 2023 - Regent Education, the leading provider of cloud-based solutions that automate financial aid and institutional scholarship management across all enrollment models for higher education institutions, is thrilled to announce that Regent Fund is the winner of the EdTech Breakthrough 2023 “Scholarship Management Solution of the Year” award.
Regent Fund enables colleges and universities to make every available institutional scholarship dollar count. Through automation of the scholarship management lifecycle from application to award to reporting, Regent Fund helps financial aid leaders and scholarship managers to eliminate manual processes and exceed enrollment goals.
“Institutional scholarships offer colleges and universities a flexible way to reach students and provide them with extra financial aid support,” said Jim Hermens, CEO, Regent Education. “But the processes for managing institutional scholarships are often manual and time-consuming, leading to the under-utilization of institutional scholarships and many valuable scholarship dollars remaining on the table. With Regent Fund, all that changes.”
Regent Fund eliminates manual processes using built-in logic and integrated student data. Using institution-specific criteria that institutions can create and monitor, Regent Fund automates the awarding process, providing a holistic view of eligible students and available awards so institutions can quickly and efficiently award - and re-award - scholarships to the students they most want to enroll.
With Regent Fund, institutions can automatically find and identify qualifying students, even with complex eligibility criteria, providing a complete, integrated view of their student data across scholarship applications, ISIRs, their financial aid system, SIS, CRM, and other data sources. Powerful sorting and weighting capabilities provide the ability to match, rank, prioritize, and identify the right applications for their limited scholarship dollars. And, through two-way data integration with the institution’s FAM and SIS, institutions can gain insight into unused awards, enabling them to quickly redeploy unused, canceled, or unaccepted scholarship dollars to the highest-priority candidates.
“We are honored and ecstatic to win the EdTech Breakthrough 2023 “Scholarship Management Solution of the Year” award,” said Hermens. “Thank you to EdTech Breakthrough for recognizing Regent Fund and our efforts to help colleges and universities maximize their scholarship dollars and exceed enrollment goals.”
The EdTech Breakthrough awards recognize the best companies, products, and services in the field of education technology. This year, Regent Education faced strong competition, with over 2,400 of the best and brightest educational technology companies from around the world submitting nominations.
To learn more about Regent Fund, visit our website or connect with us at NASFAA, June 29 - July 2.
About EdTech Breakthrough:
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the EdTech Breakthrough Awards program is devoted to honoring excellence in education technology products, companies and people. The EdTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough educational technology in categories including e-learning, student engagements, school administration, career preparation, language learning, STEM and more. For more information, visit EdTechBreakthrough.com.
About Regent Education:
For over 10 years, Regent Education has helped institutions to simplify and automate the management of the most complex financial aid scenarios, maximize institutional scholarship dollars, and eliminate enrollment barriers. With a group of leading EdTech investors behind us, Regent Education puts its 400 years of collective experience to work, developing a holistic suite of cloud-based solutions designed to meet an institution’s scholarship and financial aid needs. Learn more at www.regenteducation.com.
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