MANCHESTER, N.H., June 30, 2014 (SEND2PRESS NEWSWIRE) -- Southern New Hampshire University (SNHU) has selected Regent Education's financial aid management system -- Regent 8 -- to support financial aid processes for all their students and programs including their industry-leading online programs and their new and cutting edge Competency Based Education program known as College for America (CFA). Regent 8 is the only financial aid management solution to offer complete support for all enrollment models including standard term, non-term, borrower-based and Competency Based Education.
"The growth we have experienced at SNHU coupled with our innovative learning models made finding a robust and flexible financial aid management solution critical to our future and our ability to continue to be a leader in efficiency and service," said Paul LeBlanc, President of SNHU. "With Regent 8 we will have the ability to support all of our enrollment models, while also controlling costs so that we can continue to reduce one of the major barriers to a college level education -- rising tuitions costs."
"We are thrilled to be working with one of the most innovative schools in the country and look forward to a long and successful partnership," said Randy Jones, CEO of Regent Education. "We designed Regent 8 to bring efficiency to even the most challenging processes, and are excited to partner with SNHU to help continue to support its leadership position in offering both traditional and non-traditional enrollment models at the lowest possible cost."
Regent 8 is changing the ways institutions process financial aid, giving them revolutionary and intuitive tools to automate and manage every aspect of the financial aid life cycle-even for institutions with non-term, BBAY, and standard term models. Institutions have been hindered in their ability to offer non-term enrollment models due to limitations with their financial aid management systems. With Regent 8, schools now have an option that will allow them to offer the enrollment models that meet the needs of their institution and the students they serve.
"Financial aid is one of the most complex aspects of operation in any college or university, but at SNHU we take complexity to an entirely new level with our many enrollment model offerings," said Stacy Sweeney, Chief Administrative Officer. "We are highly focused on efficiency, compliance and service and needed a system that is designed to support complex models with a high degree of automation."
"In the current climate it is more important than ever that institutions are looking at ways to be competitive by meeting changing student needs, while also focusing on compliance and driving down costs," said Jones. "Many institutions are hindered by the limitations of their financial aid management system and are unable to offer non-traditional enrollment models. With Regent 8 we are helping institutions adapt to the changing landscape in higher education, while also reducing back office processing needs by as much as 60 percent."
Regent Education offers monthly webinars on all of their products. To learn more, visit: http://www.regenteducation.com/ .
Founded in 2006, Regent Education is a leading provider of software solutions that have revolutionized financial aid management and enrollment processes for schools using non-traditional enrollment models. Today, Regent 8, the eighth version of Regent's financial aid management system is the only solution that provides end-to-end automation for non-term, nonstandard term, and standard academic years. Regent SNAP enables schools to provide estimated awards to prospective students in 15 minutes or less -- a process that normally takes days or weeks. Regent Review is the industry's only fully-automated verification solution.
Regent is a nationally recognized leader in results-driven enrollment optimization and financial aid management solutions -- solutions that are web-based, easy-to-use, and interoperate with any existing student information system. Regent offers software-as-a-solution (SaaS) tools that help institutions increase enrollment, improve retention, speed student processing, mitigate compliance risks and deliver bottom-line results. http://www.regenteducation.com/ .
About Southern New Hampshire University (SNHU):
Southern New Hampshire University is a not-for-profit, regionally accredited university with an 80-year history of educating successful professionals. SNHU has approximately 2,900 traditional, full-time undergraduate day students and a total annual enrollment of 40,000 students in more than 180 undergraduate and graduate degree and certificate programs, available online, at the main campus in Manchester, N.H., and at regional centers in New Hampshire and Maine.
Southern New Hampshire University has been recognized with "Best of Business" awards for best online degree programs and was ranked 12th on Fast Company's 2012 list of The World's 50 Most Innovative Companies. SNHU was the only university to earn this distinction. To learn more about SNHU's programs visit http://www.snhu.edu/ .
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