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And when it comes to families who may be unfamiliar with private education or concerned about affordability, offering insights into your financialaid process can be the game changer that turns a great camp experience into a lifelong school relationship. Set up a welcoming booth with signage like Curious about tuition assistance?
As demand rises, so does the need for a streamlined and transparent financialaid processmaking it essential for private and independent schools to efficiently manage applications, reviews, and awards. Thats where the FinancialAid Assistant (FAA) program by School and StudentServices (SSS) comes in.
To address this challenge, private K-12 schools can proactively implement strategies to ensure equitable access to financialaid. Simplified Application: Streamline the financialaidapplication process to minimize the burden on families. Key Strategies for Equitable Access and Promoting Diversity 1.
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Providing more direct support to families filling out applications. Examples include the following.
In todays ever-evolving enrollment landscape, financialaid professionals are being asked to do more with lessprovide equitable access, protect institutional integrity, streamline complex processes, and support families in real time. Its a tall order. This wasnt just another product updateit was a strategic leap forward.
As of fall 2023, 69% of the student population at CSUSB identified as Hispanic or Latino. In addition to support services that include financialaid and academic advising, an example of supporting Latinx student success is the CSUSB Impact Internship, developed by the university’s Undocumented Student Success Center.
Independent and private K12 schools are constantly striving to balance accessibility with financial sustainability. While schools have made significant progress in increasing financialaid and net tuition revenue, the challenge of rising costs outpacing family income growth persists.
For private schools effectively communicating and highlighting their financialaid offerings is critical. Here are some key strategies schools can adopt to ensure families understand that a private education can be within reach, regardless of financial circumstances.
Transfer students and their families often face unique financial challenges, especially when transitioning to a new school mid-year. To encourage these students to apply for financialaid, it’s crucial to provide clear and accessible information.
Private K-12 schools across the country rely on financialaid programs to ensure accessibility for families from diverse economic backgrounds. Rising tuition costs, economic fluctuations, and a growing emphasis on educational choice have expanded the number of parents exploring financialaid options.
A November 2024 article , from the Southern Association of Independent Schools (SAIS) highlights that total financialaid awarded by National Association of Independent Schools (NAIS) and SAIS schools has grown significantly over the past two decades, reflecting schools commitment to supporting families. million during the same period.
In recent years, there’s been a notable increase in families across various income levels seeking financialaid for private K-12 education. Private and independent K12 schools work to strategically allocate financialaid to maintain enrollment, foster diversity, and support students who need assistance the most.
For private K-12 schools, financialaid is more than just a means of helping familiesits a strategic asset that shapes enrollment, fosters diversity, and ensures the schools long-term financial health. Schools can outline: Eligibility criteria for need-based aid, merit scholarships, or other tuition assistance programs.
With TaxStatus’ advanced IRS integration, SSS provides schools with immediate access to verified financial data while safeguarding families through secure identity verification methods, including ID.me. Transform your FinancialAid experience and learn more at their upcoming webinar.
By: Craig Dodson Vice President of Customer Support, VenturEd Solutions For independent K-12 schools, financialaid decisions are some of the most importantand complexdecisions they make. The workload can be overwhelming, especially when dealing with hundreds or even thousands of applicants.
These students bring cultural diversity, academic excellence, and a broader worldview to the classroombut they also bring unique challenges when it comes to financialaid processing. Schools that serve international families benefit greatly from using a financialaid solution designed with accessibility and flexibility in mind.
SSS from VenturEd Solutions Revolutionizes FinancialAidApplication Processing with Industry-Leading IRS Integration powered by TaxStatus New partnership with TaxStatus powers simplified and rapid verification of family tax information within a unified admissions, enrollment, and student lifecycle solution.
Many state policies block undocumented students from receiving in-state tuition — even if they completed their K-12 education there — and several states directly prohibit undocumented students from enrolling in many public universities. On top of that, undocumented students are ineligible for any federal financialaid.
You can empower families to pursue a private school by offering financialaid options and resources. Some families may not realize they qualify for financial assistance. The PFS gathers relevant information about family size, income, and expenses to estimate financialaid.
Sessions on innovative approaches to financialaid and tuition modeling provided administrators with new strategies to make financialaid more accessible and efficient. Thats where School and StudentServices (SSS) comes in. Product Marketing Manager, VenturEd Solutions. Missed us at NAIS Thrive?
Did you know the FinancialAid Assistant (FAA) program by School and StudentServices (SSS) helps remove obstacles, complete efficient reviews, and support families during the financialaid process? The financialaid season approaches, and your inbox overflows with applications.
Spring cleaning your home is good for your health , so it’s not surprising that spring cleaning your financialaid is good for the health of your K-12 school. By cleaning up your financialaid folders, you can clear out the clutter and improve your organization. How to Clean Up Your FinancialAid Folders.
College Preparation: These schools often have strong college counseling programs, providing students with expert guidance throughout the application process. Diverse Student Body: US private schools’ pride themselves on creating inclusive communities where students from different backgrounds can learn and grow together.
According to recent data from the National Association of Independent Schools (NAIS), roughly one-quarter of students at private day schools received some amount of financialaid over the course of the 2022-23 school year. For Families Schools work hard to help families manage the tuition costs for a student’s education.
Offering financialaid helps your school reach more families and build a vibrant, diverse school community. According to our Community Brands K-12 Trends Report, the average financialaid award covers 40% of tuition! Grant funding comes directly from a school’s budget.
This exclusive event brought together financialaid directors, heads of schools, admissions and enrollment directors to celebrate a groundbreaking partnership between TaxStatus and School and StudentServices (SSS)a collaboration transforming financialaid processing for private K-12 schools across the country.
A strong financialaid program is essential for attracting and retaining top students. A successful program requires more than just financial resources, effective communication tools are equally vital to ensure transparency, build trust, and provide a positive experience for families.
When providing financialaid for students at private schools, administrators have the important job of organizing and managing who receives funding and deciding how to keep track of each recipient. These financialaid tips for school administrators can help you learn how to manage student funds for your school.
Financialaid can be intimidating for prospective families, especially nontraditional families or those with complex financial circumstances. The FinancialAid Assistant (FAA) program by School and StudentServices (SSS) helps families and schools by eliminating the complexity of the financialaid process.
Author: Nettie Reynolds Financialaid (FA) does more than just make private schools accessible. A diverse student body enriches the learning experience for everyone. Students from different backgrounds bring unique perspectives and experiences to the classroom, fostering a richer learning environment that benefits all.
Summer is here, which means financialaid season is just around the corner, and many of you will be opening digital piles of applications in September. Taking a proactive approach to completing your K-12 financialaid prep tasks can help ease some of the burdens. How many applicants were children of staff?
Private K-12 schools continue to make education accessible to all students, regardless of their socioeconomic background. By offering strong financialaid programs, they foster more equitable and diverse learning environments.
With rising enrollment comes an increased demand for financialaid, which affects faith-based, private, and independent K-12 schools. Additionally, higher-income families are increasingly seeking financial assistance, highlighting the shifting demographics of financialaidapplicants.
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Providing more direct support to families filling out applications. Examples include the following.
If you’re considering a new solution for processing financialaid, here are five benefits a strong financialaid processing solution should offer you. 1. Full- F eature Dashboard : Imagine a world where applications, data, and insights all live harmoniously in one user-friendly dashboard.
The need for more financialaid is increasing as the trend towards rising enrollment in private schools continues to grow. Minority families, middle-class, and higher-income families are all included in the latest data showing a higher need for financialaid.
Are You a New FinancialAid Professional? For those new to the financialaid profession, there’s added pressure to make sound decisions for your school and families in need—talk about a balancing act! Wouldn’t it be nice to have a guidebook that tells you exactly what you need to know in your new financialaid role?
We already know the benefits of investing in a one-stop studentservices solution –you will improve consistency of service and answers, improve the student experience, and better utilize overburdened staff. We developed solutions for enrollment, admissions, advising, financialaid, and registration.
Those of us working in college admissions offices are grateful and humbled to watch this happen every fall, as bright, able students begin a journey of discovery as strangers and emerge from the experience knowing more about themselves, each other and the possibilities that await after graduation.
Appily combines EAB’s suite of studentservices into a one-stop destination where visitors can discover colleges, take virtual tours, find scholarships, explore majors, and match with schools.
We defined selective colleges and universities as those that admitted fewer than half of applicants over three consecutive years, on average. Even if colleges were test-optional for all applicants, we sometimes found language on college websites indicating that test scores were strongly encouraged or recommended.
Consider New Revenue Streams Adding a new revenue stream can open up many possibilities, like offering more financialaid or a new extracurricular club. Consider adding a financialaid resource hub to your website for easily accessible information.
Let’s face it, financialaid season can be a hectic time for schools and families. From gathering a slew of personal documents, to application tracking and making decisions—everyone feels the pressure when things aren’t running smoothly. . Maximize FinancialAid Budgets and Forecast Effectively .
As schools handle sensitive information, such as family financial records and student data, it’s essential to prioritize cyber awareness and implement strong security measures. This is particularly crucial when it comes to financialaid solutions, which often involve collecting and storing highly sensitive information.
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