Overview

Ellucian ClearCost is a personalized net price calculator designed to enhance cost transparency for higher education institutions. By offering tailored cost estimates for prospective students, it simplifies financial decision-making and improves engagement during the enrollment process. ClearCost aligns with evolving Department of Education standards, ensuring compliance while reducing risk. With its automatic updates and customizable features, the solution provides accurate projections segmented for diverse student demographics, including first-time freshmen, transfer students, and veterans. This tool helps institutions increase enrollment rates, streamline operations, and build stronger connections with prospective students.

Features and Capabilities

• Personalized Net Price Calculator: Provides students with realistic, segmented cost estimates, improving decision-making.
• Customizable Branding: Allows institutions to design a seamless, branded experience tailored to their programs.
• Automatic Updates: Keeps cost information current with aid year adjustments and compliance updates.
• Data-Driven Insights: Offers pre-built analytics, including student demographics and click-through rates, for strategic planning.
• Enrollment Pipeline Optimization: Increases engagement with clear cost messaging to guide students through the enrollment process.
• Compliance Assurance: Adheres to Department of Education standards, reducing compliance risks.
• Versatility for Diverse Demographics: Caters to various student groups, including military veterans and transfer students.
• Integration with Financial Aid Processes: Streamlines workflows for financial aid offices with automated updates and insights.
• Supports Institutional Goals: Contributes to accelerated enrollment, retention, and graduation rates.
• Part of the Student Financial Success Stack: Integrates with other Ellucian solutions like VirtualAdvisor and CampusCommunicator for a comprehensive approach to student success.