| Initiative Title | Build & utilize financial aid module in the CRM product to leverage Financial Aid in the Enrollment Process |
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| Submitted in Previous Year(s) | No |
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| Critical Information, Notes, Justification, Rationale | Admissions has been unable to utilize a students financial aid package as a recruitment tool. We would like to work with financial aid to create messaging that can be sent out automatically through our CRM encouraging students to apply and complete the financial aid process.
We would also like to create a mechanism that would allow us to mail out a preliminary financial aid award letter with a students acceptance packet. |
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| Consequences of this initiative not being funded | Not staying competitive with other two-year & four-year schools. |
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| Department Goals | Enhance Student Communication to allow students to have a more personalized & engaging experience |
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| Programs | |
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| Locations | Main Campus, Newburgh Campus |
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| Estimated Completion Date | 03/01/2023 |
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| Will this initiative span multiple budget years? | Yes |
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| Importance | High |
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| Funding Source | Operating Budget |
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| Created | 11/30/2022 10:33 pm |
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| Updated | 12/01/2022 1:26 pm |
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Institutional Goals
| Goal |
How will the initiative support this institutional goal? |
- STRATEGIC PLAN 2020-2025
- Empower Student Success: Equitably link students with their aspirations
- Goal #1: Identify and reduce the barriers to academic and personal success
|
Reduce barriers in the financial aid application completion process. |
- STRATEGIC PLAN 2020-2025
- Empower Student Success: Equitably link students with their aspirations
- Goal #2: Provide individualized resources and guidance to ensure student readiness to succeed at SUNY Orange
|
Better communication regarding a students financial aid package. |
Action Steps
| Action Step |
Responsible Party |
Order |
| Create a workflow process with Financial Aid & Fireworks |
Admissions |
1 |
Expected Outcomes
| Outcome |
Order |
| Better FAFSA completion rates |
1 |
Assessment Methods
| Method |
Description |
Other Method |
Responsible Party |
| Institutional Data |
Review both program and student data that is collected at the institutional level. Data can include program enrollment, retention, transfer, student GPA, etc. |
|
Admissions & Institutional Research |
Resources
| INITIAL YEAR COST: |
$15,000.00 |
| RECURRING COST: |
$15,000.00 |
Equipment
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Facility
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Supply
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Staffing
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Training
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Marketing
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| TOTAL: |
$0.00 / $0.00 |
|
Other
| Need |
Cost (Initial/Recurring) |
Supporting Departments |
| Continued money from operating budget for CRM |
$15000.00
/ 15000.00 (1st year)
|
- Financial Aid
- Admissions and Recruitment
|
| TOTAL: |
$15,000.00 / $15,000.00 |
|
Prioritization
This is initiative is ready for prioritization.
Assessment
| Date | Department Name | Status | Cost to Date | Funding Source | |
| No results found. |