Worksheets Estimate Dollar Savings From Enhanced Student Retention

USA Funds^® now offers online worksheets that help you gauge the financial benefits of enhancing student retention at your institution. Developed in cooperation with Noel-Levitz, the leading consultant to higher-education institutions on student retention, the Retention Revenue Estimators are interactive PDF worksheets customized for three institution types: four-year, two-year and proprietary institutions.

By entering your institution’s enrollment, student-retention rates and tuition information into the Retention Revenue Estimator, you can estimate the increased tuition revenue your institution would derive by improving its retention rate. Sharing the worksheet results with your colleagues can help generate campus-wide support for a student-retention initiative.

Because higher rates of student retention are strongly correlated with lower student-loan-default rates, USA Funds offers postsecondary institutions several resources to promote student retention. These include:

• An online best-practices manual, Solving the Retention Puzzle.
• Default Prevention/Retention workshops.
• A team of consultants who can assist your institution in the development of a comprehensive, customized debt-management/retention plan.
• The award-winning financial-literacy program for college students, USA Funds Life Skills^®, which several schools are using as a key component in their retention initiatives.