When it comes to online education, careful course development is hardly the only piece needed for successful student outcomes. "Some institutions, eager to jump in the field, think once they've developed their online courses, they are set to launch," says Jacqueline Moloney, executive vice chancellor at the University of Massachusetts, Lowell. "But many neglect to […]
From managing loans to controlling spending, many college students find themselves dealing with a host of financial responsibilities for the very first time. And it's not uncommon for them to trip up. Campus financial literacy programs can help students steer clear of some of their most common financial mistakes. The challenge for educators is to […]
As costly as tuition and textbooks can be, poor planning and time management can raise the prices even higher. Richard O'Connor, director of financial aid at American International College in Massachusetts, says students at that institution have several options for saving on books. "About half of our students are low income, so just paying tuition […]
At colleges across Montana, the nonprofit Student Assistance Foundation (SAF) provides students with the knowledge and tools to pursue and fund their postsecondary education. Using proceeds from its student loan servicing business and from its own fundraising efforts, the Helena-based organization offers grants, scholarships, community outreach, counseling, and training on financial education. As part of […]
Business office leaders need to balance affordability and access with protecting their institution from bad debt. Reducing student accounts receivable is possible, even when increased enrollment and graduation rates are a priority. This web seminar, originally broadcast on November 14, 2014, featured Loretta Chrzan-Williams, director of student accounts at SUNY Monroe Community College (Rochester, N.Y.), […]
Maintaining frequent contact with student loan borrowers is a challenge at any institution, regardless of size. At the 725-student Spartan College of Aeronautics and Technology in Tulsa, Okla., the three-year cohort default rate was commonly between 25 and 27 percent. "Our rate was so high because we had no easy way to communicate electronically with […]
Around 4,000 boxes of paper records fill the shelves in Central New Mexico Community College's storage area. And many of these boxes—those containing employee personnel files, for example—must remain in storage for up to 55 years before they can be destroyed. It's a big reason why CNMCC has embraced electronic records management, says Rebecca Turner, […]
Fewer and fewer institutions are meeting students' financial need. Per The College Board's "Trends in College Pricing 2013," the average net tuition and fee price for students attending four-year public institutions increased by an estimated $1,180 (in 2013 dollars) between 2009-10 and 2013-14. At private four-year institutions, average net tuition and fee price increased between […]
President Obama recently established a task force to protect students from sexual assault. According to a White House Memorandum of January 22, 2014, one in five female students is a survivor of attempted or actual sexual assault that occurred while in college. The unfortunate and heartbreaking situation with University of Missouri swimmer, Sasha Menu Courey, […]
Michigan legislators have introduced a plan that would allow in-state college-bound students to attend college for free and then, as graduates, pay a percentage of their income back. Known as a "pay it forward" model, the money paid back would go into a special fund to help other students attend college using the same plan. […]