Navigate Change and Amplify Your Success with a Smarter Awarding Strategy from RNL
With discount rates at an all-time high, competitive pressures continue to mount as many institutions face greater pressure to demonstrate value. Institutions need to implement a financial aid strategy that aligns resources with institutional goals and individual student needs. The strategy must balance student ability to pay with willingness to pay and have the right tools to understand outcomes. Every institutional financial aid dollar should have intention and purpose.
As your trusted partner in financial aid optimization, RNL helps you maximize enrollment and revenue with a comprehensive strategy tailored to your unique goals. Our Advanced Financial Aid Solutions provide the analytics and insights you need to make smarter awarding decisions.
- Strategic Awarding: We use advanced analytics and predictive modeling to help you construct a strategic awarding framework, identify key opportunities, and ensure every institutional dollar is optimized.
- Personalized Guidance: Navigate complex financial aid policies, regulations, and demographic shifts with personalized, one-on-one service from our experts.
- Streamlined Management: Implement our cloud-based reporting system to streamline financial aid management and improve decision-making.
Read the RNL Discounting Report
Find key financial aid benchmarks including average discount rate, net revenue, yield and melt rates, and more.
- Benchmarks for four-year private and public colleges and universities
- Metrics on yield and melt, including by FAFSA filing status
- Data for first-year students as well as transfer students
Use advanced modeling to achieve 3 key objectives for financial aid management:
Maximize net revenue and optimize yield
with a financial aid awarding plan that strategically balances your resources and student need.
Prioritize student outreach and allocate aid
strategically at any point during the cycle through student record level behavioral predictive analytics.
Measure performance via cloud-based interactive dashboards
and gain industry insights and guidance from a consultant with enrollment management expertise.
Ask for a free guided tour of RNL Financial Aid Solutions
and speak with our experts on finding the ideal awarding strategy for your institution
Choose a partner with proven experience in strategic financial aid awarding
SERVING 200+ INSTITUTIONS
and leveraging insights from millions of student records
$3.8 BILLION IN INSTITUTIONAL
FINANCIAL AID
currently optimized under the
guidance of RNL*
*RNL internal data
26 CONSULTANTS NATIONWIDE
each averaging 20+ years of enrollment management experience
7 ways we deliver the optimal financial aid strategy for your institution
Historical Research & Competitor Benchmarking
Investigates undergraduate student enrollment behavior by analyzing need, academic credentials, population segments, and financial aid offers.
Econometric Modeling
Predicts the effect of changes in net price on student yield, allowing you to simulate changes before developing aid awards.
Annual Financial Aid Plan Development
Delivers a strategic financial plan that has been fully informed by comprehensive analysis, modeling, and enrollment goals.
RNL Smart View Dashboards & Reporting for Insight-Driven Response
Monitors performance each week so you will always know your precise expected yield, discount rate, and net revenue through our regular updates and detailed management reports, while also receiving expert ongoing counsel rooted in the data.
Retention Analysis
Determines the role financial aid plays in fall-to-fall retention.
Revenue Optimization & Simulation
Enhances our ability to balance and maximize your enrollment, academic profile, and discount rate, using multiple scenarios to develop optimal awarding parameters.
Enrollment Likelihood and FinAid Receptivity Scoring
Access probability and receptivity data at the student record level, which enables institutions to not only prioritize student outreach and enrollment initiatives, but also strategically allocate additional aid at any point during the cycle to positively impact enrollment.
Add the RNL Personalized FinAid Video to your financial aid offers
Engage students during the awarding process with personalized financial aid offer videos. They are branded to your institution and deliver award info, net cost of attendance, value propositions, and more to each student.
Additional Products for Optimizing Yield
RNL Yield and Financial Aid Optimization
Balance your yield rate, awarding, and net revenue while communicating value to admitted students.
RNL TrueCost Calculator™
Communicate aid and affordability quickly with this accurate, fully-customized net price calculator.
RNL Yield Campaign™
Increase conversion of admitted students through email, mail, phone, and digital outreach.