Meadow

It is easy to fall into the trap of assuming students are not paying on time because they don't want to or they are being lazy. But if we truly understand the reasons they might not pay, we can provide students with better support. Anthony Morrone, FAAC® created a framework based on Crucial Accountability to examine why students don't pay looking at the personal, social and structural reasons and provided higher ed institutions with recommendations against each one. For example: if the issue is Structural Motivation: 🥕 Take a look at what incentives you might create for paying on time. It doesn't have to be monetary to work 𓆱 If you have penalties, enforce them Read more here: https://lnkd.in/e8imtqEc #highered #tuition #accountability

Alabama students are you ready? Your story starts at Bevill State Community College! With 4 campuses and 1 instructional site, BSCC serves over 250K students across 7 counties and 4600 square miles. Bevill helps students create their path to individual success, while helping communities to thrive. 76% of Bevill students receive #financialaid and you can too. Check out their new #netpricecalculator and see what it will cost you to attend a school where everyone strives for excellence: https://lnkd.in/guygw-b6

Students are sending emails, making calls and showing up in financial aid and student accounts offices because they have questions about their aid and about their bills. And the offices are overwhelmed. 7-14 days for an email response. 30 minutes on hold on a call. The impact of the #FAFSAdelays continues. What they need is your support. What they will take instead is coffee. ☕ #financialaid #highered #tuition

It's college that is convenient and flexible. It is a chance to choose from 50+ associate's, bachelors, master's and doctoral programs. It is the opportunity to take 5-6 week classes and earn a degree in a high demand field. It is a way for you to pursue your dreams. On your timeline. And you can afford it. Check out the new #netpricecalculator The University of Arizona Global Campus and find the program that is right for you at a price you can afford. https://lnkd.in/g_dbQznc

We like a good mystery as much as the next person but if you are wondering "who is the mysterious #netpricecalculator that helped Colorado Mesa University send out all those early aid letters and increase enrollments?" we have a spoiler alert. 😊 It was us 😊 We are excited and humbled to see continued coverage of their innovation and leadership during the delayed FAFSA rollouts. Just living up to that Mavericks name! https://lnkd.in/gUFWFMCJ

Anthony Morrone, FAAC® developed a diagnostic framework to help #bursars and #studentfinancialservices figure out why students aren't paying their tuition and how to support them in paying on time. It is a new look at an old problem and full of great recommendations. #tuition #payments #crucialaccountability #highered

We exist so that students like this one realize they can afford the college of their choice. We built the #netpricecalculator for University of Wisconsin-Madison in close collaboration with the school. It includes all aid, from federal to institutional. It shows how affordable the school can be. We know it is accurate. If we could find lil-geeky-bookworm we'd tell her ourselves: Do it. You can afford it. 📚🐛. If you know her, pass it on!

"But that progress has come at the expense of many college administrators who have been forced to work through the summer completing aid offers, as well as students who have had to postpone enrolling to weigh competing offers and decide where they can afford to attend school." We spend a lot of our time talking to #financialaid leaders and this rings so true. The #FAFSAFiasco significantly impacted not only students, but also schools. Thanks to Zach Montague for the coverage. https://lnkd.in/gsf-tkGP

A/R has been increasing in colleges and universities across the country over the last few years and the 2024 transcript hold ban is likely to make the problem worse. The Facts: 52% of institutions reported an increase in student A/R  33% of all institutions hold more than $5m in student A/R 10% of staff time is spent trying to recover past due accounts. Chasing students is often manual, time consuming and frustrating.  It feels like a priority but rarely makes it to the top of the to-do list.  So it often gets ignored. The Repercussions: 😒Students who miss payments stop-out of college and, when universities are unable to serve them, they often drop out entirely.   📉Enrollment decreases. 💲Revenue decreases. The Solution: Sending the right message at the right time and via the right channel can turn things around.  It’s a quality not quantity game: the subject lines have to be crisp, the call to action in the email clear, the channels varied between email and SMS.  Students need to be able to pay or set up a payment plan in one step, not several, and they need to do it from their phones. If we want students to do something hard, we have to do everything we can to make it easy. https://lnkd.in/gDuSBh8W

The National Association of Student Financial Aid Administrators (NASFAA) community was clear - ED needs time to get the FAFSA right - and their message was heard. https://lnkd.in/gUfKtCAi We are hopeful the delayed launch, coupled with proactive communications and extensive testing, means this year will be a better one for #financialaid leaders. And we know that while schools are waiting for the FAFSA to launch and the data to come in, our #netpricecalculator can help.