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Articles: Financial Aid

Led by admissions offices, higher ed institutions are enticing accepted students to officially enroll by using innovative communication approaches, developing peer connections and making students feel as if they are already part of the family.

Aim: To boost enrollment of the top 1 percent of high school students who qualify for Oregon State’s Presidential Scholarship, admissions officers treat academic standouts like blue-chip athletes.

The program began three years ago.


Link to main story: Colleges should always woo would-be students


In the box

Taking on more loan debt with age.

Americans age 50 years and older saw their federal student loan debt grow by $18 billion between the second quarter of fiscal year 2017 and the first quarter of 2018.

Jo Allen is president of Meredith College.

When it comes to risk management, a key fear is being blindsided by exposure we didn’t even know we had.

A few months after Boston University’s successful merger with Wheelock College, the University of Massachusetts drew a greater degree of scrutiny for its acquisition of Mount Ida College.

Many colleges and universities are ramping up their efforts to teach students how to manage loan payments and other expenses.

In your experience, how common is it for financial aid offices to push in to classrooms with messages to students about financial aid, managing student loan debt, and personal finance—and what may be holding them back from doing this more? 

Wendy B. Libby is president of Stetson University.

College tuition has been growing at roughly double the rate of inflation for decades. At last, the trend of annual tuition hikes appears to be cresting.

Some higher ed administrators may be surprised to learn that women hold two-thirds of the nation’s $1.3 trillion in student debt.

Former Lyon College president Brian C. Mitchell co-wrote "How to Run a College" with current university President W. Joseph King.

Lyon College President W. Joseph King and former university president Brian C. Mitchell have written a practical guide for new and veteran leaders, How to Run a College.

Regulatory compliance buckets.

Ignoring compliance isn’t an option. Institutional leaders can take action to ensure they’re on the right track today and to reduce the drain on existing resources.

The emergence of two new degree programs and two graduate certificates shows the complexity of compliance.

In recent years, the rate of hiring of compliance-related administrative officers has exceeded that of faculty, says Steve Hoffman, who consults with colleges on policies and procedures regarding tax issues and concerns.

Widener University in Pennsylvania now offers a master of jurisprudence in higher education compliance through its Delaware Law School.

Admissions, enrollment, marketing, retention and financial aid administrators surveyed generally have a sunny outlook about the student population in 2018.

Bill Berg is an enrollment management consultant at Ruffalo Noel Levitz.

There’s no question that recent graduates are leaving college with more student loan debt. More students are taking out loans and they’re borrowing larger amounts.

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