FAST
Financial Aid Strategy Tool allows you to make informed enrollment decisions
Managing enrollment goals while maintaining your financial aid budget is a constant challenge in today's competitive admissions environment. How can you make informed, precise, and thoughtful aid policy decisions that meet both your enrollment and fiscal objectives?
Financial Aid Strategy Tool (FAST) combines a Web-based modeling and simulation tool with enrollment consulting services to help you achieve your enrollment and fiscal objectives. FAST uses your institutional data and advanced statistical techniques to help you create effective and equitable financial aid policies.
With FAST you can:
- Identify factors that influence your applicants' enrollment decisions including the impact of various grant levels
- Examine the impact of potential policy changes on net tuition revenue, academic quality, diversity, and other institutional enrollment goals
- Understand the trade-offs related to proposed policy changes including the impact on specific groups of students
- Simulate multiple awarding strategies before committing your institutional dollars
- Communicate effectively with campus leaders and decision-makers about the impact of strategic choices and enrollment outcomes
With FAST, one size does not fit all. The FAST predictive model is tailored to your institution based on your data and enrollment goals. And you can simulate a variety of potential policies to see the outcomes of changes on your yield, net tuition revenue, and academic quality before making an informed decision.
The FAST service includes:
- Facilitated campus discussions to identify enrollment goals and policies
- Construction of a unique, institution-specific predictive model and simulation tool
- Customized written deliverables including comprehensive table analysis
- Consulting support and staff training to ensure effective and independent use of the Web-based simulation tool
With FAST you have the power to make informed decisions.
For more information about FAST and to see a demonstration please contact us at (800) 927-4302 or send an email to enrollmentsolutions@collegeboard.org.