Regent Education Announces New Intelligent, Automated, Two-way Integrated Scholarship Management Solution That Helps Institutions Award Every Available Dollar
FREDERICK, Md., June 23, 2022 /PRNewswire/ -- Regent Education, the leading provider of Software as a Service (SaaS) solutions that simplify the financial aid process for higher education institutions offering traditional and nontraditional enrollment models, today announced a significant addition to its portfolio. With the launch of Regent Fund, institutions now have an intelligent, automated, two-way-integrated scholarship management solution that not only ensures that they award every available dollar but also streamlines the scholarship management process.
Financial Aid leaders and Scholarship Managers today are tasked with the high-stakes and highly visible responsibility of optimizing scholarship dollars. They're under pressure from donors and enrollment teams alike to accelerate 'every dollar out' to increase enrollment, ensure student success, and maintain donor relationships. They're also challenged by complex eligibility and awarding rules, decentralized student data, manual processes, multiple stakeholders, and under-resourced staff.
For administrators looking to optimize scholarship management, Regent Fund fully automates and streamlines the scholarship management proces from application to eligibility to awarding to reporting. Regent Fund accelerates optimal awarding and minimizes staff workload by leveraging extensive two-way data integration, automated workflows, and built-in logic. Specific benefits include:
"William Jessup University offers diverse sources of scholarship funding to help our students pay for college, each scholarship with its own unique criteria and processes. We are tremendously excited about the prospects of what Regent Fund means to our ability to maximize the distribution of available funds and minimize the workload of our financial aid office to do so," said John Swan, Director of Student Financial Services at William Jessup University, who has participated in Regent Education's "Early Adopter" product-feedback sessions.
"Regent Fund is the next natural progression of financial aid automation, and we're excited to add this innovation to the Regent Education Suite of solutions. We're especially excited to enable Financial Aid leaders and Scholarship Managers to manage the complex scholarship process and ensure that they award all available dollars to their learners more efficiently," said Jim Hermens, CEO of Regent Education.
About Regent Education
Regent Education is the leading provider of Software as a Service (SaaS) solutions that automate and simplify the financial aid process for higher education institutions offering traditional and nontraditional enrollment models. Regent's solutions encompass the automation of financial aid management, verification processes, student financial planning, scholarship management, and state financial aid applications. These solutions offer institutions an unprecedented ability to automate the financial aid process to increase efficiency, mitigate compliance risks, expand enrollment, improve the student experience, and enhance financial management and financial aid lifecycle visibility. Since its inception, Regent has packaged and delivered $5 billion in financial aid to more than 250,000 students. For more information, visit https://regenteducation.com/.
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SOURCE Regent Education