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SW-23440 - USA (Tennessee) - Financial Aid Optimization Tool - Deadline April 30,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: SW-23440

Government authority located in Tennessee, USA; based organization looking for expert vendor for financial aid optimization tool.

[A] Budget: Looking for Proposal

[B] Scope of Service:

(1) Vendor needs to provide financial aid optimization tool for implement the use of a financial aid leverage tool.
• Implement a sophisticated, multi-year enrollment and financial aid/scholarship model to inform effective utilization of aid investments to reach comprehensive and evolving undergraduate enrollment goals from point of recruitment, incoming and continuing students, and retention and graduation targets.
• Analyze and inform methods and strategies for effective optimization of need-based and merit-based scholarship funds to support enrollment and fiscal goals.
• Develop data-based recruitment/marketing strategies to inform and successfully achieve institutional enrollment goals.
• Inform through sophisticated data and market analysis institutional specific recruitment and market positioning opportunities to successfully achieve institutional enrollment goals.
• Evaluate the prospective student market relating to ability to pay, price sensitivity and elasticity, and net price to analyze and predict the institution’s position within the competitive market price structure.
• Identify new or existing markets for strategic investments informed by the aforementioned analysis.
• Leverage scholarship modeling and enrollment projections to develop a sustainable scholarship & aid budget model that maximizes aid investments for the purposes of reaching both headcount and net tuition revenue goals.
• Implement predictive modeling tool to inform individual likelihood to enroll, persist, and graduate.
• Better understand and inform through detailed analysis how price, programmatic, policy and first-year experiences impact likelihood to enroll, retain and graduate.
(2) An optional pre-proposal conference will be held on April 15, 2019.
(3) All questions must be submitted no later than April 22, 2019.
(4) Contract period will be one year.

[C] Eligibility:

- Onshore (USA Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Tuesday, 30 April, 2019

Pre-proposal Conference Date : Monday, 15 April, 2019

Question Answer Deadline : Monday, 22 April, 2019

Category : Software, System and Application

Country : USA

State : Tennessee

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