Our students speak with a Financial Aid Coordinator who goes over all financial options & finds out what they qualify for. Students know before enrolling the total out of pocket expenses.
Our school does the loan counseling prior to enrollment, as well as at graduation. What we also do is a financial planning class that every student takes in their first quarter. We have had great response to this class. It covers the material from a well known and respected financial planner. The class includes budgeting, wills and paying off debt, just to name a few of its topics. We want to make sure all of our students are well grounded and prepared for current and future financial decisions.
I'm glad that the government has made these a requirement for institutions because many students wouldn't know exactly what questions they should be asking when comparing schools and this information is vitally important in making a good educational decision.
Our prospective students meet with Financial Aid who goes over the cost in detail and breaks everything down for the student. They are also provided with a packet with the program cost, as well as, the program cost being on our website.
I agree that the Ohio Disclosure form covers everything. We provide the placement, retention and graduation rates.
It is vitally important to me to know that we are providing all information that we can so that a prospective student can make an informed decision.
I feel that all program integrity requirements and disclosures are important. The most meaningful for assisting students would be accurately representing the "big picture" for students, and the overall outcome of their educational journey. NOT promising students employment, because, let's be honest...not ALL students will do what we ask. We, as an institution of higher learning, can lead the proverbial horse to water, but we cannot make them drink. Ensuring the student has a clear understanding that interviewing and working hard at school is important towards their success, and overall career outcome.
I believe that all disclosures are important for the student to make an informed choice and understand exactly what he/she is enrolling into.
The more accurate and relevant information provided the student the better.
The meeting with our financial coordinatiors. They do a very good job of presenting all the facts surrounding the financial commitments up front, so the prospective student can make and informed decision.
Being transparent throughout the enrollment process has its advantages. The student builds trust and assurance that they are making the best decision for their educational goals. It makes the entire process a joy not a burden for the student.
Following all of the integrity requirements or disclosures are found to be meaningful when assisting our students because they appreciate our honesty. When choosing a college, students are searching for an instituion that they can trust when they need information.
At our institution we probably get the most feedback from students on the disclosure forms related to the outcomes of the programs. The students usually have lots of questions so I am thankful that our college will take time to explain what each mean and how it is important information used to help the students make the right decisions. The transparency usually makes the student feel much better about their decision and a level of trust begins to build.
Our students go over tuition, any lab fees, dorm costs in our tour and this gives them a good idea on the cost of what it will be when coming to our college. We also go over the different options for financial aid. We then schedule a financial plan for our students to sit down with us one on one and go over the intricate details of the cost. This allows them to really understand the different options they have in order to make school affordable. I think this is so important because cost is usually the number one issue on deciding between one school and another. Being up front and honest with whatever the costs and fees are really builds the trust between the rep and the students.
Breaking down the total costs, describing the personnalized financial aid planning, and sharing the career services placement statistics are all equally useful.
In our orientation we disclose placement and completion rates. We do not actively recruit students since they are referred to our school for training services from a variety of state and federal agencies (ie, BVR, BVC, VA)
I do not think any is more important than the other.
Expectations of length of program, graduation rate, employability, and loan repayment all have to be disclosed by the college and considered by the student in order to make an informed decision regarding the pursuit further education.
Setting realistic expectations will increase the success rates (graduation & placement) of the college because the student will be better prepared to handle the challenges of the new career training/ career.
I have found that being upfront and honest with our students has benefits for both the student and our school. We have found that we have more committed students starting and completing the program.
We are completely up front about the cost of our programs. In addition to receiving specific cost data from the Admission Advisor, the student meets with and has a detailed discussion with our financial planners. We also provide access to our financial director to make doubly sure there's a clear understanding!
We have added someone as well to discuss this with potential studnets
I don't think that any of the program integrity and disclosures requirements have had any impact on the way my company represents its course, and some of them (for instance, the inability to offer discounts to Ohio students) mean that students in this state pay more for this course than do students in other states.
For me, the most important thing is to be open and honest with the student about the financial obligations they are facing if they choose to enroll. I spend a lot of time making sure they understand what the true costs are. I feel that if the students know exactly what they are going to be responsible for then it helps be more successful. This has lad to a lower than average drop rate at our campus because students understand the policies and what they owe if they drop.
Our school has the training module that lets the student know what to expect at graduation as to repayment and options available. I think going over the enrollment agreement with them als help them understand exactly what they are taking and their obligations after garduation.
