In today’s changing financial aid environment, the cost of delivering aid to students is rising significantly. In this new environment, services such as call center support, printing of financial aid materials, and conducting entrance and exit interviews formerly supplied by lenders are now the obligation of financial aid offices to provide.

Unfortunately, in many cases, the financial realities of taking on these crucial activities place schools under significant financial duress. Unless schools can develop or procure solutions to deliver aid in a more cost-effective manner, these new expenses will ultimately reduce the available financial aid pool and potentially diminish students’ access to higher education.

Thankfully, there is a solution available to help schools deal with the new financial aid landscape, and that is Overture’s Payment Planner. With a focus on thorough and customizable student education, Payment Planner proves to be an invaluable tool for financial aid officers to use in guiding students through the complex process of funding their education. This solution eliminates the need for much of the time- and money-consuming repeat mailing of materials and other follow-up tasks and thus cuts the costs associated with these tasks nearly in half - all while freeing up considerable time for both students and financial aid staff.

To learn about how Payment Planner can make a significant impact for financial aid officers, read our new white paper today! If you would like to find out more or request a demo, you can check out our Payment Planner campaign site.