Operations & Finance Solutions help maximize the operational performance of your institution. From tuition revenue modeling to program cost tracking, Hanover can provide tools to help ensure effective resource allocation, financial viability, and growth.

We help you answer key questions and deliver strategies for success:

  • Are we maximizing tuition revenue?
  • How are competitors managing faculty workloads?
  • How can we optimize and allocate resources to high-growth programs?

Hanover’s Operations & Finance Solution

We will customize an approach for your institution that leverages the expertise of our team and multiple methodologies to support your institution’s goals.

Financial Aid Optimization

screenshot: financial aid optimization

Maximize tuition revenue.

Evaluates tuition and financial aid pricing data and models potential scenarios to maximize overall tuition revenue.

Faculty Benchmarking

screenshot: faculty benchmarking

Evaluate staffing costs.

Reviews faculty workloads and benchmarks salaries to provide insight into faculty utilization.

Tuition & Aid Sensitivity Survey

screenshot: tuition & aid sensitivity survey

Identify program cost efficiencies.

Analyzes program costs to identify longitudinal trends and potential opportunities for further efficiencies.

Outcomes

  • Model how changes in tuition and scholarship can impact enrollment and revenue
  • Competitively position your institution’s tuition and aid offerings
  • Gauge faculty salary and workload competitiveness across peers
  • Track program costs over time and spot potential areas for further efficiencies

A Word from One of Our Higher Education Clients:

The most significant factor for our decision to partner with Hanover was their flexibility with respect to the relatively narrow aims of our market research needs. Although I wasn’t originally aware of Hanover’s queue-based model for research projects, that structure turned out to work very nicely with the way we envisioned our needs. Our primary goal is to confirm the viability of our institutional plan to convert three graduate programs to asynchronous online platforms. We expect Hanover to provide clarity on the market for these programs and formats and to supply an appraisal of the overall opportunity (or threat) associated with our plan. In addition, we envision that Hanover will provide us a cogent picture of opportunities to add online programs either as conversions of our current mix of program offerings or by identifying market demand for programs we might consider developing. While we’re engaging with Hanover because we lack the internal expertise, I think knowing what we wanted to accomplish and in what time frame has made the engagement experience fruitful from the beginning.

Christian Brothers University Logo

– Dr. Paul Haught, Vice President for Academics and Student Life

Whatever your goals, Hanover will partner with you to create a custom approach to support your needs.

Learn More

Featured Higher Education Insights

Explore More Insights

Hanover Research