FAS • Client Results

The ROI of Financial Aid

FAS clients achieve results and ROI that far exceeds industry standards.

84%

Increase in deposits year-over-year – private university, Southeast

20%

Over deposit goal – private university, Northeast

33%

Increase in net-tuition revenue over budget goal, due to yield increases

How each service drives ROI

Financial Aid as a Service (FAaaS)
33%

Increase in net-tuition revenue over their budget goal for another institution due to yield increases.
- Rebuilt their financial aid operation for speed + enrollment growth + compliance
- Campuses are able to make aid offers sooner than ever before
Key Takeaway

Financial aid can no longer be viewed as a back-office administrative function. It is the chief influencer of yield and a strategic growth driver across recruitment and retention.
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Technology Optimization
30%+

Average efficiency gains in 90 days or less by optimizing student information systems.
- Efficient workflows enhance the student experience, which is directly correlated to recruitment and retention
- Automating workflows and reducing manual processes improves financial aid staff retention — critical amid the industry staffing crisis
Key Takeaway

FAS Consultants possess the rare combination of technology acumen + financial aid subject matter expertise to optimize your operations and technology.
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Outsourced Processing
2 weeks

Once a student applies for financial aid, if the institution cannot provide a financial aid offer within 2 weeks, the statistical likelihood of that student enrolling declines. Timing is everything.
- 2 weeks: enrollment likelihood drops sharply
- 4 weeks: the student has moved on
Key Takeaway

Students won’t wait. Students interpret delays as uncertainty and will begin considering alternative institutions. FAS clients utilize a better operating model that enables them to meet student expectations. Think of your financial aid operation rebuilt for speed and enrollment strategy.
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