Posted Date : April 19,2021
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-43109
Government Authority located in Arkansas; USA based organization looking for expert vendor for financial aid optimization solution.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide financial aid optimization solution that uses historical enrolment, tuition, and award data to analyze the Universities scholarship portfolio,
- A web-based, self-service reporting platform,
- That analysis should include the following data points along with solutions on how to utilize the portfolio going forward to meet enrollment goal:
- 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 in the higher education industry,
- Analysis of first- to second-year undergraduate student retention factors and the role of financial aid in undergraduate student attrition,
- A statistical based model to measure undergraduate student price sensitivity and the impact of current scholarship strategies and other factors on enrollment behavior,
- Identify the most effective and strongest-performing model most likely to net the University an overall stronger output,
- Simulation testing to explore the impact of potential awarding strategies on enrollment behavior and evaluate the possible trade-offs between aid expenditures, net tuition revenue, quality, and other enrollment goals for freshmen and transfers,
- Ongoing consultation to assist the University with admission/financial aid goal setting and award strategy development, including recommendations for specific policy changes,
- Identify and prioritize student populations for improved/targeted outreach and efficiently allocate dollars at any point based on enrollment probability and receptivity to financial aid,
- Admission/Financial aid goal setting and award strategy development, including recommendations for specific policy changes
- Ongoing consultation to assist the University with admission/financial aid goal setting and award strategy development, including recommendations for specific policy changes
- Consultation to understand the University’s goals, current financial aid strategies and operations, and other related enrollment practices.
(2) All the questions must be submitted no later than April 20, 2021.
[C] Eligibility:
- Onshore (USA 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: April 30,2021
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-43109
Government Authority located in Arkansas; USA based organization looking for expert vendor for financial aid optimization solution.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide financial aid optimization solution that uses historical enrolment, tuition, and award data to analyze the Universities scholarship portfolio,
- A web-based, self-service reporting platform,
- That analysis should include the following data points along with solutions on how to utilize the portfolio going forward to meet enrollment goal:
- 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 in the higher education industry,
- Analysis of first- to second-year undergraduate student retention factors and the role of financial aid in undergraduate student attrition,
- A statistical based model to measure undergraduate student price sensitivity and the impact of current scholarship strategies and other factors on enrollment behavior,
- Identify the most effective and strongest-performing model most likely to net the University an overall stronger output,
- Simulation testing to explore the impact of potential awarding strategies on enrollment behavior and evaluate the possible trade-offs between aid expenditures, net tuition revenue, quality, and other enrollment goals for freshmen and transfers,
- Ongoing consultation to assist the University with admission/financial aid goal setting and award strategy development, including recommendations for specific policy changes,
- Identify and prioritize student populations for improved/targeted outreach and efficiently allocate dollars at any point based on enrollment probability and receptivity to financial aid,
- Admission/Financial aid goal setting and award strategy development, including recommendations for specific policy changes
- Ongoing consultation to assist the University with admission/financial aid goal setting and award strategy development, including recommendations for specific policy changes
- Consultation to understand the University’s goals, current financial aid strategies and operations, and other related enrollment practices.
(2) All the questions must be submitted no later than April 20, 2021.
[C] Eligibility:
- Onshore (USA 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: April 30,2021
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$