the practical side of enrollment research
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enrollment researchTRANSCRIPT
e Practical Side of Enrollment Research
Tim Fuller Vice President, Performa Higher Educa6on
July 28, 2011 © Performa Higher Education, LLC 2011 All Rights Reserved. Confidential Material: These materials may not be distributed without the consent of Performa Higher Education, LLC
www.PerformaHE.com
Why is enrollment research important?
• Pushing past stereotypes • Pu@ng people people in the right places at the right Ames
• Tracking trends – leading vs. lagging indicators • Building confidence levels on campus • EvaluaAng ROI • Informing intuiAon
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Where does research get bogged down?
• It sounds scary or boring to start with! • A lack of clarity about the purpose of the research • Everything studied leads to the need for more studies
• Problems with methodology and sample sizes • Sporadic research efforts • Lots of data gathered but liRle analysis completed
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Building an Admissions Research Agenda
• What to study o Travel – ROI o Yield rates along the funnel (major, gender, territory, etc.) o Incomplete app analysis o Deposit Melt o Admi%ed Student Research (ASR) o Impact of various types of campus visits on yield o ApplicaAon and deposit trends by month o Feeder high school trends o The compe77on o Predic7ve modeling o Strategic financial aid analysis o NACCAP benchmarking / comparison data
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Admitted Student Research
• What do you need to learn? – What was important to them? – How did they evaluate you? – Who influenced their decision on and off-‐campus? – CommunicaAon preferences – If they visited campus, what impact did that make? – Non-‐matrics – where did they go and why? – Matrics – why did they choose you and who was their second choice?
• How o_en should you do this? – At least every other year
• But wait – we gather this info throughout the cycle . . . – On-‐line survey responses in the summer can be very different than what they said in the heat
of the moment – Hearing directly from them instead of through staff/student filters can add value and depth
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Insights from admitted student research
• PercepAons of academic quality factors are criAcal – General reputaAon – Can I get a job/get into graduate school? – Who will be teaching me? – Academic faciliAes
• Campus visits change percepAons • When in doubt, communicate with Mom • Use a mix of communicaAon methods (and don’t abandon old school)
• Matrics and non-‐matrics overlap and differ
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Understanding Your Competition
Where and how do you gather this informaAon? • SAT/ACT shared score reports • FAFSA data • ApplicaAon data • Tele-‐counseling summarized results • AdmiRed student research • NaAonal Student Clearinghouse What do you do with this informaAon? • CriAcal to get beyond anecdotal data collecAon • Even more criAcal to use this informaAon to:
– Train staff – Inform faculty and others – Consider different levels of compeAAon – do you compete with these same schools for faculty,
donors, media aRenAon, athleAc triumphs . . .?
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Benchmarking Key Enrollment Variables
Great Lakes Region – NACCAP 2010 ABS • The average admission team includes:
– An FTE of 11 professional and 4.6 support staff members
– A recruiAng FTE of 7.2 professionals – An average of nearly 200 hours/week of student help
• The average cost to recruit a student is $2,373 • On average each recruitment FTE produced 55 new students
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Benchmarking Implications for Your Campus
• As St. Francis said: “if we compare ourselves with others we either become vain or biRer.”
• The data only tells part of the story – insAtuAonal differences are a factor
• Benchmarking data can provide a road map to strategic decisions about resources, staffing, funnel opportuniAes
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Summary
• Build your research agenda • Gather the data • Analyze it • Share it • Make changes as indicated • Repeat!