Optimize your financial aid strategy to meet enrollment goals
Awarding financial aid today requires sophisticated analysis that allows an institution to consider many scenarios to balance strategic enrollment goals, student need, and institutional finances in order to optimize yield and net revenue.
RNL Advanced FinAid Solutions provide the analytics and insight needed for successful awarding strategies in today’s higher education market.
Read the 2019 Discounting Report
Download this analysis of benchmarks for discounting, net revenue, melt rate, and more for freshmen and transfer students. The report includes results for both private and public four-year institutions.
Use advanced modeling to achieve 3 key objectives for financial aid management:
Balance affordability and resources
by calculating the aid packages needed to enroll specific populations of students.
Develop a strategic financial aid plan
that addresses enrollment goals and optimizes financial aid awards.
Maximize net tuition revenue
to maintain and improve the quality of academic programs and campus services.
Ask for a free guided tour of RNL Advanced FinAid Solutions
and speak with our experts on finding the ideal awarding strategy for your institution
Choose a partner with substantial experience in strategic financial aid awarding
When you work with Ruffalo Noel Levitz, you gain a partner who collaborates with you at every stage of the financial aid management process. You remain informed, involved, and in control.
1ST CHOICE IN HIGHER ED
for a strategic financial aid partner
$2 BILLION IN INSTITUTIONAL
currently optimized under the
guidance of RNL*
*RNL internal data
50% OF HIGH SCHOOL SENIORS
rule out institutions based on
sticker price alone**
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.
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.
Regular Tracking & Ongoing Consultation
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.
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.
Four-Year Enrollment & Net Revenue Projection Model™
Projects enrollment and net revenue for your current undergraduate student population for four years, adding a new entering class while also accounting for attrition and graduation.
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.
Optional enhancement for Advanced FinAid Solutions
Additional Products for Optimizing Yield
RNL Class Optimizer™
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.