As colleges and universities conclude the Spring term and prepare for a new academic year, it is worthwhile to pause to evaluate the cost of student withdrawals on your campus. Clearly student withdrawals are a costly event for all involved. Institutions depend on the funds that students pay in tuition and fees. Families and students are often not prepared to recover from the financial loss.
It is reassuring to find so many higher education officials focused on issues related to increasing college completion rates.
Have you noticed a new strategic marketing campaign created by Southwest Airlines? If not, you can check the entire campaign on their website.
The National Association of College and University Business Officers (NACUBO) recently published the first update to its Student Financial Services Policies and Procedures Report since 2007. The report contains particularly useful information regarding the common practices by colleges and universities on topics such as financial literacy and the types of financial services offered to students.