Frostburg State University Partners with HelioCampus to Optimize Financial Aid Strategy

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HelioCampus partnered with Frostburg State University in early 2016 to accelerate their analytics initiatives with a focus on admissions yield, predictive modeling and financial aid optimization.

HelioCampus, a technology-enabled services company, partnered with Frostburg State University in early 2016 to accelerate their analytics initiatives with a focus on admissions yield, predictive modeling and financial aid optimization. They are now able to share what they have accomplished regarding optimizing their financial aid strategy in an upcoming webinar.

Frostburg State, like many other higher education institutions, has been facing declines in the numbers of high school graduates, an ever-growing need for fiscal accountability from governing bodies, and an increasingly competitive recruiting landscape. All these challenges combine to make meeting enrollment goals and fiscal sustainability more difficult. One approach to meeting these combined challenges is the strategic use of institutional aid to meet often-conflicting institutional goals.

President of Frostburg State, Dr. Ronald Nowaczyk, will present current findings and discuss their investment in analytics on an upcoming webinar in partnership with HelioCampus and Inside Higher Ed. The webinar, “Using Financial Aid Analytics to Overcome Enrollment Challenges,” will share their approach for answering two key questions facing the university: 1) How can we use financial aid strategically to increase yield and retention? and 2) How does increasing total aid impact enrollment and net tuition revenue? President Nowaczyk, will describe how they prioritized these questions, their challenges, decision making process, early results and path forward. To register for the webinar, visit the following link: https://event.on24.com/wcc/r/1860759/72089DD4ADC62ED0AE7EBD8F1835EABC?partnerref=ADA

“More and more of the institutions we are meeting with are requesting this same type of financial aid analysis. Frostburg is really leading the way with an innovative approach to optimizing their institutional aid. We expect to see many other institutions follow suit,” said HelioCampus CEO, Darren Catalano.

For more information about HelioCampus, visit http://www.heliocampus.com. To see the HelioCampus platform in action schedule a demo here: https://www.heliocampus.com/heliocampus-demo-request

About HelioCampus
HelioCampus is a fast-growing data company exclusively working with the higher education community. HelioCampus offers not only an extensible data platform, but also ongoing data science services, and provides client institutions with actionable solutions through comprehensive integration and analysis of key data across the student lifecycle, institutional financials, and more.

By helping colleges and universities use analytics to increase enrollment, improve student success, ensure financial sustainability and accelerate gift giving, we enable them to ask and answer their most pressing questions through data analytics, data storytelling and data science. Originated within the University System of Maryland, HelioCampus offers a unique perspective on using data to facilitate meaningful conversations that fuel higher value analyses and spur action, leading to greater institutional performance and financial sustainability.

For more information about HelioCampus visit http://www.heliocampus.com or follow them on Twitter.

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Leslie Stepler
HelioCampus
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