Southern New Hampshire U Managing Non-Traditional Financial Aid Models With Regent Education
Southern New Hampshire University's complex array of enrollment models — including its competency-based College for America program — makes financial aid management at the institution a significant challenge. The university is rolling out the Regent 8 financial aid management solution from Regent Education in an effort to support students' needs and control costs.
"The growth we have experienced at SNHU coupled with our innovative learning models made finding a robust and flexible financial aid management solution critical to our future and our ability to continue to be a leader in efficiency and service," said SNHU President Paul LeBlanc in a press release. "With Regent 8 we will have the ability to support all of our enrollment models, while also controlling costs so that we can continue to reduce one of the major barriers to a college level education-rising tuitions costs."
Regent 8 provides tools to automate and manage the financial aid cycle for all enrollment models, including standard-term, non-term, borrower-based and competency-based education. Its ability to manage non-traditional models was a key selling point for SNHU, according to Stacy Sweeney, the institution's chief administrative officer. "Financial aid is one of the most complex aspects of operation in any college or university, but at SNHU we take complexity to an entirely new level with our many enrollment model offerings," said Sweeney in a prepared statement. "We are highly focused on efficiency, compliance and service and needed a system that is designed to support complex models with a high degree of automation."
About the Author
Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].