Innovative Ideas

Personal and Financial Counsel

Here are some personal and financial counsel strategies and initiatives that your private career college might adopt:

  1. If you have a small campus, build on your greatest natural strength: a sense of family. Develop an open door policy with students. Consider adopting some of the student-centric ideas outlined in Section 2 – Student-Centric Core Value.
  2. In the pre-enrollment interview, take time to deal with potential barriers students might encounter in pursuing post-secondary education. Students will have a better chance of being successful if barriers are identified, and addressed, early on.
  3. Develop a system to provide financial counsel to students throughout pre-enrollment, enrollment, attendance, and early withdrawal and graduation phases.
  4. Designate someone from your staff to become a financial aid expert. While this may take some time and effort to accomplish, it will help ensure that students receive high quality counsel, and consistent post-graduation follow-up that could help boost repayment rates on student loans.