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Aug 31, 2015 · Most of the funds used to discount come from tuition that essentially reduces the net revenue to the institution. So a real world example: A university has a sticker tuition price of $25,000 and offers a student a scholarship of $6,250.
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What is the tuition discount metric? Why is it important and what does it really mean? Tuition discounting typically refers to the National Association of College and University Business Officers discount rate, which the organization defines as“the total institutional grant aid awarded to undergraduates,” captured as “a percentage of the gross tuit...
A few short examples can illustrate why we cannot rely on the discount rate as a way of comparing financial health and revenue. If two colleges have tuition discount rates of 50 percent and College A has tuition of $50,000 per year, and College B has tuition of $35,000 per year, we can easily see that College A has greater net tuition revenue per s...
When people talk about reducing discounts, what they are trying to say is that they want to increase net revenue. What can be done to increase net revenue at your school? The following are solutions to consider for slowing discount rate growth and improving net revenue: 1. Engage with a company that does econometric modeling if you don’t already. T...
- Gregory Matthews
Oct 21, 2022 · Tuition discounting refers to any type of financial assistance a school uses to reduce the net price of attendance for its students, says Jill Desjean, senior policy...
May 5, 2021 · A tuition discount is an all-encompassing term that refers to any gift aid that the college offers to reduce your tuition cost. Most people use tuition discounts to describe automatic merit aid awarded by colleges.
- September 23, 2024
Tuition Discounting: Everything You Need to Know. Institutions of higher learning offer discounted tuitions to specific students via scholarships and grants, which enable these students to access university education at a cheaper amount than otherwise stipulated.
Tuition discounting is the practice of offering scholarships and grants to offset the sticker price of attending colleges and universities. The fact that the average discount rate is 50% across the country (Caskey, 2018) indicates how widespread the practice is.
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Jun 25, 2007 · Tuition discounting is the practice of using institutional aid to adjust tuition levels to best match what students and families are willing to pay, a widespread trend that is tracked by annual reports from the College Board.
