3R’s: Research, Retention and Repayment Predicting the Future by Understanding Current and Past Students.

Slides:

Advertisements

Similar presentations

The PRR: Linking Assessment, Planning & Budgeting PRR Workshop – April 4, 2013 Barbara Samuel Loftus, Ph.D. Misericordia University.

Advertisements

1 Mid-Term Review of The Illinois Commitment Assessment of Achievements, Challenges, and Stakeholder Opinions Illinois Board of Higher Education April.

FBOE K-20 Accountability Project CEPRI Workgroup June 13, 2002 Orlando, Florida.

Transfer Success: Skills to Succeed in a Baccalaureate Program Charlene A. Stinard, Director Transfer and Transition Services University of Central Florida.

STUDENT SUCCESS CENTERS : WORKING BETTER TOGETHER TO ENSURE STUDENT SUCCESS.

Making Opportunity Affordable Grant

Now That They Stay, What Next?: Using NSSE Results to Enhance the Impact of the Undergraduate Experience.

State Council of Higher Education for Virginia January 2006State Council of Higher Education for Virginia GEAR UP Summer Programs.

UA Metrics University of Alaska Board of Regents Meeting December 6-7,

Leading the Way : Access. Success. Impact. Board of Governors Summit August 9, 2013.

Higher Education Conference enrollment management.

Accelerated Action Plan THECB 9/2009. What was the process? Staff from across the agency: Studied activities and literature on successful practices Reviewed.

Workforce in Iowa’s Creative Corridor Iowa’s Creative Corridor Regional Workforce Development Plan.

Carl D. Perkins Career and Technical Education Act of 2006 “…will allow students … to get a vision of what can be achieved, what they can do in technical.

Dreamkeepers: Emergency Grants to Increase Student Persistence Presented by Scholarship America Max Espinoza, Senior Vice President, Education Policy &

Economic Impact of Medical Education Expansion in Nevada & Recommended Approach FUTURE 1.

Weathering the Enrollment Storm Part 1 Averett University Danville, VA Averett University Danville, VA Presenter: Stacy Gato, Vice President for Enrollment.

1. KCS Strategic Goals: Focus on the student to ensure they excel academically and are prepared for life beyond the classroom. Recruit, select, induct,

EASFAA Puerto Rico May 18-21, 2014 Waves of Change, Oceans of Opportunity Cost Containment and Price Sensitivity: the Perfect Storm.

Creating a Culture of Collaboration: Collecting Community Engagement Data Susan Connery, Director of the Feinstein Community Service Center Christopher.

Plus 50 and Completion: Returns and Strategies AACC 91 st Annual Convention April 11, 2011, New Orleans.

South Seattle Community College BUDGET HEARING Fiscal Year June 7, 2005.

Pathways to Persistence: Student Success Takes a Community Berkeley City College Leadership Retreat August 13, 2013

Driving Uncertainty into Opportunity Predicting the Future by Understanding Current and Past Students TASFAA April 2014.

Finding Balance: Improving Your CDR in a Changing Financial Climate to Cultivate Student Success Presented by: Monica Stam, Inceptia GASFAA 2015.

GUIDANCE SYSTEM OF SUPPORT COLLEGE AND CAREER READY FOR ALL Guidance and Counseling Fall 2011.

November 2014 MINNESOTA’S Statewide Longitudinal Education Data System (SLEDS) Minnesota Department of Education Minnesota Department of Employment and.

Presentation Outline  Introductions  Why are “price sensitivity” and “value” important?  Strategic pricing & value enhancement framework  From research.

The Issues and The Action Plan August 2008 Partneringfor Student Success.

SCHE In The Ohio Higher Education System: Repositioning Community Colleges Ron Abrams, President Ohio Association of Community Colleges Thursday, June.

Measuring (and Managing) the Costs of Student Attrition Nate Johnson Postsecondary Analytics 423 East Virginia Street Tallahassee, Florida State.

The Enrollment Funnel Scott Smiley Director of Admissions University of Texas of the Permian Basin (UTPB)

How to attract and retain the best people in the Civil Service Albania perspective Fatmir Demneri Director Training Institute of Public Administration.

University Strategic Resource Planning Council Budget.

The Net Impact Initiative Pilot Evaluation Findings Spring 2015 See presenter notes for annotations.

Steering Committee Meeting. Agenda Initiative Overview Common themes across plans Sector Plans Implementation Structure Next Steps.

Research and Public School Partnerships:

TODAY AND TOMORROW University of Houston- Downtown Strategic Plan Highlights.

Mission and Mission Fulfillment Tom Miller University of Alaska Anchorage.

Exemplary: Serving as a model; worthy of imitation; commendable.

Media Services North Campus Feb 2001 Miami-Dade Community College Enrollment Management Media Services North Campus Feb 2001 Presentation to The Board.

Enrollment Management A Primer for HS Counselors WACAC 2014.

Stephanie Curry-Reedley College James Todd- ASCCC Area A Representative.

Solving the Retention Puzzle — Action plans for retention success Tools you can use to motivate staff and create a structured retention plan or “It is.

RECRUITMENT AND ENROLLMENT 1 Board of Trustees Appalachian State University March 30, 2007.

REPORT OF IMPROVED GRADUATION RATE COMMITTEE December 2008.

ENROLLMENT SHAPING 2007 Action Steps. Admitted Students Point-in-cycle Trend--Census Source:

Transformation through Enrollment Management Lynette J. Olson & William A. Ivy Pittsburg State University.

Office of Institutional Research and Planning

P-20 Statewide Longitudinal Data System (SLDS) Update Center for Educational Performance and Information (CEPI)

Finding Solutions Towards Community Sector Viability.

©2015 The Advisory Board Company eab.com Ensuring Best-Fit Program Selection from Day One KCCD Early Action and Results Student Success Collaborative™—Navigate.

Counseling Critical Support for Student Success. Reflections Love Compassion Passion Student success Student-centered Proactive problem solving.

Best Practices and New Perspectives in HR The Strategic Data Project Human Capital Diagnostic Spring GASPA | May 5, 2011.

Promoting Access and Diversity in a Competitive Environment Ted Spencer Associate Vice Provost and Director of Admission Chris Lucier Director of Recruitment.

Developing Analytics Curriculum for the Community College: Training Today’s Workforce for the Future Tanya Scott Director, Business Analytics Department.

Monitoring and Oversight: College Completion and Attainment Dr. Kevin Reilly & Dr. Sheila Stearns AGB Consultants December 7th, 2015.

Presentation and Open Dialogue on MTSU’s Student Success Strategic Initiative with President Sidney A. McPhee New Student Union Building Parliamentary.

PROPRIETARY  2003 Data Research Analysis & Consultancy Solutions All Rights Reserved. This is achieved by: Improving availability / reducing stock outs.

Retention Strategies with Diverse Populations Lory-Ann Varela Colorado State University

The Essentials of Strategic Enrollment Planning James Mager Associate Vice President.

A Training Course for the Analysis and Reporting of Data from Education Management Information Systems (EMIS)

Understanding the Skills Gap in Grey County Presented by Gemma Mendez-Smith |

UTPA 2012: A STRATEGIC PLAN FOR THE UNIVERSITY OF TEXAS-PAN AMERICAN Approved by President Cárdenas November 21, 2005 Goals reordered January 31, 2006.

22 nd Annual Rural Health Policy Institute Deputy Administrator, HRSA Marcia K. Brand, PhD January 24, 2011.

Research Opportunities in AMSP UK Mathematics Education Retreat October 15, 2005.

UNDERGRADUATE STUDENT SUCCESS RECRUITMENT, RETENTION, AND GRADUATION ACADEMIC LEADERSHIP RETREAT AUGUST 2017.

USFSP Persistence and Completion

Andy Benoit, Vice President for Enrollment & Access Management

One Letter, Big Results: Using Debt Letters to Encourage Smart Borrowing Tami Gilbeaux Strategic Business Director.

Presentation transcript:

3R’s: Research, Retention and Repayment Predicting the Future by Understanding Current and Past Students

Ted Lannan Director of Market Research Ted began his career as a teacher and counselor working with an Upward Bound program. His primary focus was on college placement and career planning for the students. Then, Ted transitioned into market research where he then spent the span of his career. Now with Inceptia, he applies business analytics to higher education. 2 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Importance of data analysis on YOUR campus and how it links to greater retention, improved graduation rates and enhanced repayment. Objective 3 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

WHAT IS ANALYTICS? 4 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

“Analytics is the use of data, statistical analysis, and explanatory predictive models to gain insights and to act on complex issues.” 5 Analytics in Higher Education: Benefits, Barriers, Progress and Recommendations, August 2012 EDUCAUSE Center for Applied Research

CURRENT ENVIRONMENT 6

1 in every 4 students leaves college 7 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

½ of freshmen drop out 8 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

$13.3 Million Lost to Attrition 9 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

$6.2 billion in state appropriated funds 10 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

State allocations changing -- supporting graduation 11 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

WASFAA Region Year Cohort Default Rates 12 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

WASFAA Region Proprietary Schools Year CDRs 13 Avg for sector = 20.6% Avg for sector = 24.0%

WASFAA Region Public Schools Year CDRs 14

WASFAA Region Private Schools Year CDRs 15 Avg for sector = 22.5%Avg for sector = 5.1%

Sound business principles emphasize higher education institutions much focus on retaining students to generate an acceptable rate of return to maintain financial viability. 16 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

THE STARTING POINT … ANALYTICS 17 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Introducing… 18 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia. Tom And, Molly

What does the data say? Group1 = Above Average ACT / Above Average GPA Group 2 = Below Average ACT / Below Average GPA Group 3 = Above Average ACT / Below Average GPA Group 4 = Below Average ACT / Above Average GPA

Analytics: Evaluates data to determine patterns Helps mine and connect vast amounts of information Are being used a schools nation-wide Offer a predictive view of upcoming challenges Make available a means to target available resources What you should know about analytics 20 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Importance of data analysis on YOUR campus and how it links to greater retention, improved graduation rates and enhanced repayment. Objective 21 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

DATA IS USED TO IDENTIFY TRENDS TO IMPROVE STUDENT SUCCESS 22 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Four Step Process 23 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia. Step 1 Build Data Warehouse Step 2 Define Research Questions Step 3 Modeling & Reports Step 4 Tracking

The process starts with organizing your student data STEP 1: Building a Data Warehouse of Student Information 24 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Turn raw data into meaningful information STEP 2: Define Your Research Project and Analyze Data 25 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

What has been the impact of various recruiting strategies and/or policies on bringing students to campus? What are the best high schools, counties and states to target for producing graduates? What characteristics make up our recruiting efficiency profile? Where did students go who were admitted but did not matriculate? Which strategies have produced the most enrollees and graduates? What has happened to the "Trustee Admits"? How much does your institution spend in institutional aid to produce a successful graduate? How much is wasted on dropouts? What are the characteristics of successful graduates versus dropouts? What high school GPA and ACT levels does it really take to be successful at your institution? Which is more important? Which majors produce the most graduates? Your school’s data can help you answer important questions 26 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Who are the populations that you serve and how big are they? What does it mean to be successful with each population? What learn of “academic preparation” is really needed for each of your programs of study? Does remediation work? Are their better ways to promote academic success? Where do your students go after they leave your school? Questions for Community Colleges 27 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Custom reports that provide detail and analytics to make strategic decisions STEP 3: Benchmark Reports and Predictive Modeling 28 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Reporting Data 29 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia. Inceptia examples: Financial Aid Statistical Reports

Reporting Data 30 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia. Inceptia examples: Enrollment Management Reports

Predictive modeling uses past information to help predict the future Rank students by degree of risk and identify risk factors for each student – early intervention is key Effectively use your resources to ensure the greatest results with students Predictive Modeling 31 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Predictive Modeling 32 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia. Inceptia examples: Student Success Profile

Effective research and analytics is not “one and done” STEP 4: Ongoing Analysis to Measure Success 33 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Data Data quality, data ownership, data access and data standardization Affordability Expenses of staff, training and tools Demand on IR and IT resources Accountability requirements mean IR is focused on reporting Roadblocks 34 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

Map out strategy and planning Find an advocate among senior administration Look for an early win Invest in people over tools Don’t wait for perfection Partnerships and communication are key Plan for an infrastructure that supports analytics Benchmark to provide context Creating Success 35 © 2013 Inceptia Confidential. Do not copy or redistribute without expressed written permission from Inceptia.

THANK YOU! 36