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

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Maximize tuition revenue.

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

Faculty Benchmarking

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Evaluate staffing costs.

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

Tuition & Aid Sensitivity Survey

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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:

During our exploration process with Hanover Research, we were impressed by their ability to customize research unique to our institution. Hanover has a wide range of research methodologies and experts available at their disposal that ensures Mercy College gets the unique customizable information we need to guide decision-making going forward.

Like most private institutions, we look forward to increasing enrollment over the coming year. Our strategic priorities include adding new academic programs and identifying untapped recruitment territories. We are excited to utilize the capabilities of Hanover’s enrollment management, academic development and finance solutions. Hanover’s guidance will leave us better prepared to guide our data-driven decision-making process.

Mercy College of Health Sciences

Matt Romkey, Vice President, Enrollment and External Engagement

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

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