Initiative Title | Purchase and implement Inceptia - Verification Service |
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Submitted in Previous Year(s) | No |
Critical Information, Notes, Justification, Rationale | As of today, our Financial Aid team is completing a very manual verification process. Purchasing a vendor to complete verification's would allow us to shift job responsibilities to help focus on other processes needed to assist our students. |
Consequences of this initiative not being funded | Without this product, we would continue completing a very manual verification process. |
Department Goals | Integrate new technologies to help with verification process. |
Programs | |
Locations | Main Campus |
Estimated Completion Date | 03/01/2021 |
Will this initiative span multiple budget years? | Yes |
Importance | High |
Funding Source | Request for Prioritization |
Created | 11/18/2020 9:45 am |
Updated | 02/16/2021 3:14 pm |
Goal | How will the initiative support this institutional goal? |
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This would allow students to get through the verification process quicker, which would mean quicker processing time for Financial Aid. |
Action Step | Responsible Party | Order |
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Research Verifcation Companies | Financial Aid | 1 |
Outcome | Order |
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Quicker Verification processing times. | 1 |
Method | Description | Other Method | Responsible Party |
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Tracking | Usage of programs, services, participation can be tracked; demographic information may also be able to be collected. | Financial Aid |
INITIAL YEAR COST: | $15,000.00 |
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RECURRING COST: | $15,000.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
Purchase of services | $15000.00 / 15000.00 (1st year) |
|
|
TOTAL: | $15,000.00 / $15,000.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Need | Cost (Initial/Recurring) | Supporting Departments | |
---|---|---|---|
TOTAL: | $0.00 / $0.00 |
Funding from the operating budget enabled us to contract with Inceptia to expedite the financial aid verification process. We will evaluation the process this year and determine continuation of the contract going forward.
Our goal is to free up professional and support staff to work more directly with students and families.
Date | Department Name | Status | Cost to Date | Funding Source | |
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No results found. |