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George R Covino
Vice President
Eight big ideas for student
retention
Student Connections Webinar December 8, 2016
Segue Slide Headline
Analyze the data
8 BIG IDEAS FOR STUDENT RETENTION
Analyze the data
Retention Audit
• Is there evidence of institutional commitment to retention?
• Are our institution’s goals designed to enhance retention?
• How well do out current retentions strategies reflect a campus-wide commitment?
• How are our retention outcomes evaluated?
• Do our planning timelines reflect expectations for improving retention?
• How do we celebrate “retention champions?”
8 BIG IDEAS FOR STUDENT RETENTION
Ways to measure and track student
retention
• What measurement terms will we use?
• How do we currently measure these data?
• How many first year students do we retain from
first to second year?
• How many students do we lose overall?
• How many students make progress toward their
goals?
• What is our graduation rate after two, three, four,
five or six years?
• How many of our students persist after they
transfer to other institutions?
Analyze the data
Segue Slide Headline
Calculate the cost of attrition
8 BIG IDEAS FOR STUDENT RETENTION
Calculate the cost of attrition
Cost of attrition
• How many students do we lose during the first term? During the first year?
• How many students do we lose overall?
• How much revenue is lost per student?
• What would happen is we lost 2%, 5% or 8% fewer students?
• What decrease in attrition is realistic for our institution?
Segue Slide Headline
Focus on FASFA Completion
8 BIG IDEAS FOR STUDENT RETENTION
Focus on FAFSA Completion – Rank, State, Estimated FAFSA Completion Rate as of 4/15/16
http://aheadoftheheard.org/2016-fafsa-completion-rates-by-state/
Segue Slide Headline
Provide money management education
8 BIG IDEAS FOR STUDENT RETENTION
Provide your students, their families and the
campus community with information on how
to manage their finances
• Campus community
• Risk
• Goals, roles, process
• Financial literacy
• Not how do we make them consume this
information, but how do we make them WANT
to consume it
• Easy to access, easy to consume
• Ongoing
• Audiences and topics
Provide money management education
Segue Slide Headline
Keep students on track
8 BIG IDEAS FOR STUDENT RETENTION
Help your students stay on track for
their educational goals
• Guided Pathways to Success
• 15 to Finish
• Intrusive advising
• Program vs term level
Keep students on track
Segue Slide Headline
Address remedial education
8 BIG IDEAS FOR STUDENT RETENTION
Co-requisite remediation
• Default more students into college level
courses
• Alternative support
• Align math courses with programs of
study
• Summer bridge programs
Address remedial education
http://completecollege.org/the-game-changers/
Segue Slide Headline
Leverage the power of peers
8 BIG IDEAS FOR STUDENT RETENTION
“Peer programs can have statistically
significant effects on attitudes, norms,
knowledge, behaviors and health and
achievement outcomes.”
Advocates for Youth, “Peer Programs: Looking at the Evidence of Effectiveness, a
Literature Review”
Leverage the power of peers
http://completecollege.org/the-game-changers/
Segue Slide Headline
Take action NOW
8 BIG IDEAS FOR STUDENT RETENTION
Action planning for student success
• What are the areas of greatest risk for
our students?
• What are our goals?
• What strategies do we implement?
• What criteria do we use to measure the
outcomes?
• Who’s responsible?
• What is the timetable?
Take action NOW
Segue Slide Headline
Analyze the data Keep students on track
Calculate the cost of attrition Address remedial education
Focus on FASFA completion Leverage the power of peers
Provide money management education Take action NOW
STUDENT CONNECTIONS
• Analyze data
• Contact and counsel
• Track results
• Request a demo
Borrower Connect
STUDENT CONNECTIONS
Success Center
Collaborative
Developed and continuously improved with input from advisory boards of students and academic experts.
Student-centric
Interactive, multi-platform engagement creates a virtual personal assistant that accommodates students’ diverse learning styles and schedules.
Innovative and Experienced
Game-changing insight and technology grounded in decades of experience designing student success curricula that improve student outcomes.
STUDENT CONNECTIONS
Easy Resources
STUDENT CONNECTIONS
George R Covino
Connect
• George.covino@studentconnections.org
• 317-806-0177
• @GeorgeRCovino
• LinkedIn
Conferences
• MASFAP, 12/12, Lake Ozark, MO
• MSFAA, 1/29, Detroit, MI
• AASCU AA Winter Mtg., 2/2, San Diego, CA
8 big ideas in student retention

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8 big ideas in student retention

  • 1. George R Covino Vice President Eight big ideas for student retention Student Connections Webinar December 8, 2016
  • 3. 8 BIG IDEAS FOR STUDENT RETENTION Analyze the data Retention Audit • Is there evidence of institutional commitment to retention? • Are our institution’s goals designed to enhance retention? • How well do out current retentions strategies reflect a campus-wide commitment? • How are our retention outcomes evaluated? • Do our planning timelines reflect expectations for improving retention? • How do we celebrate “retention champions?”
  • 4. 8 BIG IDEAS FOR STUDENT RETENTION Ways to measure and track student retention • What measurement terms will we use? • How do we currently measure these data? • How many first year students do we retain from first to second year? • How many students do we lose overall? • How many students make progress toward their goals? • What is our graduation rate after two, three, four, five or six years? • How many of our students persist after they transfer to other institutions? Analyze the data
  • 5. Segue Slide Headline Calculate the cost of attrition
  • 6. 8 BIG IDEAS FOR STUDENT RETENTION Calculate the cost of attrition Cost of attrition • How many students do we lose during the first term? During the first year? • How many students do we lose overall? • How much revenue is lost per student? • What would happen is we lost 2%, 5% or 8% fewer students? • What decrease in attrition is realistic for our institution?
  • 7. Segue Slide Headline Focus on FASFA Completion
  • 8. 8 BIG IDEAS FOR STUDENT RETENTION Focus on FAFSA Completion – Rank, State, Estimated FAFSA Completion Rate as of 4/15/16 http://aheadoftheheard.org/2016-fafsa-completion-rates-by-state/
  • 9. Segue Slide Headline Provide money management education
  • 10. 8 BIG IDEAS FOR STUDENT RETENTION Provide your students, their families and the campus community with information on how to manage their finances • Campus community • Risk • Goals, roles, process • Financial literacy • Not how do we make them consume this information, but how do we make them WANT to consume it • Easy to access, easy to consume • Ongoing • Audiences and topics Provide money management education
  • 11. Segue Slide Headline Keep students on track
  • 12. 8 BIG IDEAS FOR STUDENT RETENTION Help your students stay on track for their educational goals • Guided Pathways to Success • 15 to Finish • Intrusive advising • Program vs term level Keep students on track
  • 13. Segue Slide Headline Address remedial education
  • 14. 8 BIG IDEAS FOR STUDENT RETENTION Co-requisite remediation • Default more students into college level courses • Alternative support • Align math courses with programs of study • Summer bridge programs Address remedial education http://completecollege.org/the-game-changers/
  • 15. Segue Slide Headline Leverage the power of peers
  • 16. 8 BIG IDEAS FOR STUDENT RETENTION “Peer programs can have statistically significant effects on attitudes, norms, knowledge, behaviors and health and achievement outcomes.” Advocates for Youth, “Peer Programs: Looking at the Evidence of Effectiveness, a Literature Review” Leverage the power of peers http://completecollege.org/the-game-changers/
  • 18. 8 BIG IDEAS FOR STUDENT RETENTION Action planning for student success • What are the areas of greatest risk for our students? • What are our goals? • What strategies do we implement? • What criteria do we use to measure the outcomes? • Who’s responsible? • What is the timetable? Take action NOW
  • 19. Segue Slide Headline Analyze the data Keep students on track Calculate the cost of attrition Address remedial education Focus on FASFA completion Leverage the power of peers Provide money management education Take action NOW
  • 20. STUDENT CONNECTIONS • Analyze data • Contact and counsel • Track results • Request a demo Borrower Connect
  • 21. STUDENT CONNECTIONS Success Center Collaborative Developed and continuously improved with input from advisory boards of students and academic experts. Student-centric Interactive, multi-platform engagement creates a virtual personal assistant that accommodates students’ diverse learning styles and schedules. Innovative and Experienced Game-changing insight and technology grounded in decades of experience designing student success curricula that improve student outcomes.
  • 23. STUDENT CONNECTIONS George R Covino Connect • George.covino@studentconnections.org • 317-806-0177 • @GeorgeRCovino • LinkedIn Conferences • MASFAP, 12/12, Lake Ozark, MO • MSFAA, 1/29, Detroit, MI • AASCU AA Winter Mtg., 2/2, San Diego, CA