Posted Date : March 15,2021
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-41886
Government Authority located in Arkansas; USA based organization looking for expert vendor for financial aid leveraging consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide financial aid optimization tool will be used to advise Henderson State University regarding the formulation and implementation of financial aid awarding and packaging strategies designed to support new undergraduate student enrollment and revenue goals.
• A historical analysis of student enrollment behavior, including need, academic credentials, population segments, and financial aid offers (minimally three years of data)
• A competitor benchmarking study related to tuition costs and position
• Analysis of first- to second-year undergraduate student retention factors and the role of financial aid in undergraduate student attrition
• A review of data collection requirements and discussion to understand the university’s goals, current financial aid strategies and operations, and related enrollment practices
• An econometric model to measure undergraduate student price sensitivity and the impact of current awarding strategies and other factors on enrollment behavior
• Student-record-level scoring to prioritize student outreach and efficiently allocate dollars at any point based on enrollment probability and receptivity to financial aid
• An evaluation of aid expenditures, net tuition revenue, quality, and other enrollment goals for first-year and transfer students
• Financial aid/admissions goal setting and award strategy development, including recommendations for specific policy changes
• Enrollment and net revenue projections for the initially affected year and over a three-year period
• Ongoing consultation to assist the University with financial aid/admissions goal setting and award strategy development, including recommendations for specific policy changes
• Review of sample financial aid packages
• Regular reports and phone/web conferences to track progress toward goals
• A web-based, self-service reporting platform:
- Interactive, customizable, and dynamic data visualizations and reports
- Filtering and drill-down reporting capabilities
- Mobile responsive
[C] Eligibility:
- Onshore (US Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 26,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
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Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-41886
Government Authority located in Arkansas; USA based organization looking for expert vendor for financial aid leveraging consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
Vendor needs to provide financial aid optimization tool will be used to advise Henderson State University regarding the formulation and implementation of financial aid awarding and packaging strategies designed to support new undergraduate student enrollment and revenue goals.
• A historical analysis of student enrollment behavior, including need, academic credentials, population segments, and financial aid offers (minimally three years of data)
• A competitor benchmarking study related to tuition costs and position
• Analysis of first- to second-year undergraduate student retention factors and the role of financial aid in undergraduate student attrition
• A review of data collection requirements and discussion to understand the university’s goals, current financial aid strategies and operations, and related enrollment practices
• An econometric model to measure undergraduate student price sensitivity and the impact of current awarding strategies and other factors on enrollment behavior
• Student-record-level scoring to prioritize student outreach and efficiently allocate dollars at any point based on enrollment probability and receptivity to financial aid
• An evaluation of aid expenditures, net tuition revenue, quality, and other enrollment goals for first-year and transfer students
• Financial aid/admissions goal setting and award strategy development, including recommendations for specific policy changes
• Enrollment and net revenue projections for the initially affected year and over a three-year period
• Ongoing consultation to assist the University with financial aid/admissions goal setting and award strategy development, including recommendations for specific policy changes
• Review of sample financial aid packages
• Regular reports and phone/web conferences to track progress toward goals
• A web-based, self-service reporting platform:
- Interactive, customizable, and dynamic data visualizations and reports
- Filtering and drill-down reporting capabilities
- Mobile responsive
[C] Eligibility:
- Onshore (US Organization Only);
[D] Work Performance:
Performance of the work will be Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: March 26,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$