Hobsons, a provider of personalized learning, academic planning, post-secondary enrollment, and student support solutions, recently announced that it has entered a partnership agreement with Regent Education, a provider of Software as a Service (SaaS (News - Alert)) financial aid management and enrollment optimization solutions for higher education.
According to the terms of the agreement, Hobsons will integrate its enrollment services with Regent's Student Needs Application Platform (SNAP), a solution enabling schools to provide estimated awards to prospective students in 15 minutes or less – a process that normally takes days or weeks. As a result of the integration, Hobsons enrollment services will be boosted by a real-time financial plan, allowing prospective students to understand the true cost of his or her education, including an estimate of student loan payments after graduation.
Hobsons and Regent will be providing enrollment and student service management functions, as well as a full implementation of Regent's SNAP solution, to Mid-America Christian University (MACU).
"In order for schools to better manage online and non-traditional learning environments, they need to move away from the traditional Standard Academic Year (SAY) and embrace a more flexible learner-based model," says Maurice Shoe, president of Hobsons EMS. "Online and non-traditional students need the flexibility to learn at their own pace. As we partner with schools, we encourage them to consider Regent's financial aid management solution, Regent 8, to help them better manage the challenges this new paradigm presents."
"We are very excited to be partnered with an industry leader like Hobsons," said Randy Jones, CEO of Regent Education. "Hobsons expertise in admissions and enrollment coupled with our SNAP and Regent 8 products will provide schools with unparalleled abilities to drive enrollment growth and effectively manage the admissions and financial aid process. Both organizations have been very successful in helping schools leverage the opportunities of non-term enrollment models, so this is a natural partnership."
Edited by Blaise McNamee