Texas A&M-Commerce Expands Use of Financial Aid Software
Texas
A&M University-Commerce has expanded
its use of financial aid
software so that it can help
practically the entire campus apply for and administer financial aid.
Earlier
this year, the university selected Regent Education's Regent 8 software, a new financial aid administration system for
students involved in
its competency-based education programs. While most financial aid
management
systems are designed for structured enrollment periods based on a
traditional
academic calendar, Regent Education representatives said the design of Regent
8 is
fundamentally different, providing institutions flexibility to offer
programs
with non-traditional terms, while matching the financial aid model to
the
academic model.
Texas A&M-Commerce has the largest number
of students involved in
competency-based education of any higher education institution in
Texas. The
program gives students academic credit for what they already know and
can do,
allowing them to accelerate completion of their degrees. It is also
fully
online, meaning students are not always on the semester schedules that
many
traditional students are, sometimes introducing challenges involving
administration and financial aid.
Regent Education has specialized in providing
software programs for schools
that use non-traditional enrollment models. Other schools with non-traditional
education programs that use Regent Education software include Southern
New Hampshire University,
which runs College
for
America, and Brandman
University, part of the Chapman
University System in California.
Texas A&M-Commerce has now decided to add
Regent's SNAP program, which
it will use to automate the financial aid application process for
students
applying for the state-funded scholarship program known as the Texas
Application for State Financial Aid (TASFA). Previously, students
applying for
TASFA funds had to use paper application forms.
"We are very excited to automate the TASFA
application process and are
committed to ensuring that our processes meet the needs of all of our
students
while driving efficiency to a new level," said Mary Hendrix, vice
president of
student access and success at Texas A&M-Commerce.
About the Author
Michael Hart is a Los Angeles-based freelance writer and the former executive editor of THE Journal.