Financial Aid

From UB

Will midterm elections lead to higher ed reform?

December, 2018

While House Democrats push affordability agenda, divided control of Congress could cause gridlock.

The future of free college

December, 2018
Jennifer Mishory, a senior fellow at The Century Foundation, discusses how more states are likely to consider "promise programs" in the new year.

Jennifer Mishory, a senior fellow at The Century Foundation, discusses how more states are likely to consider "promise programs" in the new year to increase affordability, and should learn best practices from already established programs.

Higher ed financial aid faces cybersecurity scrutiny

October, 2018
Kelly Walsh is CIO at the College of Westchester in New York.

Universities accepting Title IV federal aid are expected to comply with federal cybersecurity regulations, which include a greater emphasis on reporting breaches. It’s time to step up cybersecurity governance.

Financial responsibility guidance for students

October, 2018

Outside of online and in-person financial literacy sessions, colleges and universities are finding innovative strategies to guide students toward being more financially responsible in both their college and adult lives.

Banking executives on student financial literacy

October, 2018

Banking executives discuss how higher ed institutions are doing in their efforts to teach students to be responsible about their finances while in school and in future stages of life.

Sponsored Content

12/13/2018

Students expect their higher education experience to be modern and digital, but for many institutions, core systems across campus still rely on paper-based, manual and siloed processes. By automating processes and modernizing workflows, institutions can improve the user experience while reducing costs and workload and improving efficiency.

Top row, left to right: Tom Gavin Sr., New Business Development, ACI Worldwide; Sandra Jackson, Business Office Manager, Roanoke College (Va.). Bottom row, left to right: Mitzi Steele, Database Director, Roanoke College (Va.); Marc Sczesnak, Director of Product Management, ACI Worldwide.

Technology has not only revolutionized teaching and learning in higher ed, but also how tuition payments are made and campus commerce is conducted. However, today’s payment technologies can be a source of frustration for students and parents. Simplifying the campus commerce experience and improving payment communications are crucial for increasing student and parent satisfaction.

University Business partnered with FedEx Office to develop and deploy this survey of higher education leaders, exploring the issues and challenges related to the branding or public image of their institutions. Deployed in October 2018, some 300 college and university leaders from a variety of institution types and sizes responded.

From left to right: Ashok Sankar, Director of Solutions Strategy, Splunk; Kara Gillis, Director of Product Marketing, Splunk.

Higher education institutions are challenged with managing their IT systems as they digitally transform their environments. With new technology trends bucking traditional approaches, research shows a general lack of confidence among IT staff and decision-makers. As budgets tighten and IT is increasingly called upon to modernize institutions, IT practitioners need to look at data-driven decision-making strategies.

Nudge theory—using subtle reinforcements to positively influence behavior—is increasingly being implemented in higher education, having been proven to increase FAFSA completions, decrease summer melt and improve retention rates. Tiny “nudges” can result in big changes at any institution.