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Guided by data, driven by service Sample Benchmarking College/University Tuition & Fees 2009-2010 Discount Rate 2007-2008 Fall 2008 Accept Rate Fall 2008 SAT 25-75% U.S. News Ranking 2010 (America's Best <strong>Colleges</strong>) College A $18,095 35.0% 69% 1020-1200 Liberal Arts Bach. 3rd tier College B $22,790 50.4% 79% 1060-1250 Liberal Arts Bach. 2nd tier College C $24,945 29.5% 35% 1104-1284 Liberal Arts Bach. 2nd tier College D $27,400 39.3% 89% 1010-1220 Liberal Arts Bach. 3rd tier University E $28,190 54.6% 61% 1040-1240 Liberal Arts Bach. 2nd tier College F $28,900 28.7% 61% 1100-1290 Liberal Arts Bach. 2nd tier College G $28,928 25.6% 69% 1130-1320 Liberal Arts Bach. (38) College H $30,000 33.6% 35% 1200-1370 Liberal Arts Bach. (18) Sources: College/University websites, IPEDS, and USNews & World Report. 28
Guided by data, driven by service Element #12: Ensure financial aid office and students accounts procedures support enrollment goals • Provide estimated packages prior to verification <strong>for</strong> new students • Eliminate institutional aid applications • Provide aid offers to incoming students ASAP • Provide online self-service functions • Don’t verify 100% of returning students • Show all pending aid on bill • FA and Student Accounts should work together on past due accounts 29
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