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:

We decided to partner with Hanover due to our need for a full-service firm to provide wrap-around support in a way that would expand the capacity of my sponsored programs office. One of my main goals for the year is to increase the success rate of our federal sponsored program proposals so that I can also increase the amount of indirect costs to the university. I will be using Hanover for our federal funding opportunities so that I can demonstrate the value and return on investment of using such a firm for these valuable pre-award services. Hanover’s proposal support and development services will be critical for CMU at this stage of our research enterprise expansion; I even want to use Hanover to go through some declined proposals and peer review summaries to advise our faculty on how to strengthen their proposals, so we can resubmit them. I don’t know of any other vendors with comprehensive services like Hanover.

colorado mesa university

Cheryl K. Green, Ph.D., Director of Sponsored Programs

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

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