Financial Aid | News
National University Implements Financial Aid Management Solution
National University, a private, non-profit university in California, has implemented a financial aid management solution that works with the school's non-traditional enrollment model.
National University serves more than 23,000 students across 28 regionally dispersed campuses. Because the university uses a non-traditional enrollment model, school administrators struggled to find a financial aid management solution that fit its needs. According to Valerie Ryan, director of financial aid at the university, the school needed a solution that offered automation and flexibility and supported the university's complex packaging and repackaging needs. The university also wanted a solution that supported Return to Title IV, satisfactory academic progress, the disbursement process, and student communication.
After attending a Regent Education webinar, the team at National University said they knew they had found the right solution. They selected Regent 8 based on its advanced packaging and automation capabilities, as well as its ability to support all enrollment models, according to a news release from the company. Regent 8 is an entirely software-as-a-service (SaaS) based solution that automates the entire financial aid lifecycle and supports all enrollment models, including non-term, non-standard term, and standard academic years.
"...[T]he level of automation and flexibility with Regent 8 was exactly what we were looking for," said Ryan in a prepared statement. "Regent 8 will allow us to serve our students effectively, improve efficiency, and ensure compliance with federal regulations."
"We designed Regent 8 to take automation to an entirely new level," said Shaun Poulton, CTO of Regent, in a prepared statement. "We have automated every aspect of the financial aid lifecycle, and have paired that with a state of the art user interface that dramatically improves the efficiency of our partner schools' financial aid offices. In addition to a significant reduction in time to provide students with financial aid awards, our customers are seeing their back office tasks reduced between 20 and 60 percent."
Further information about Regent 8 can be found on Regent Education's site.
Leila Meyer is a technology writer based in British Columbia. She can be reached at firstname.lastname@example.org.