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A quick glimpse at the year’s top headlines—
“Economic crisis sparks sharp rise in
workforce counseling,” “Financial fears
send nation’s stress soaring,” and
“Employers grapple with rise in workplace suicide”—
and it’s clear how busy and invaluable employee
assistance programs have been in preventing the
economic disaster from becoming a workplace
disaster. But what’s in store for 2010?
E APs are headed back to school. But
if visions of college conjure up
dorm rooms, football games,
frat houses, and keg parties,
think again. Today, it’s all about the
non-traditional college—the
hundreds of for-profit and online
colleges that offer career,
vocational, and technical
programs. With programs
catering to adult and
non-traditional
students, these
schools have
experienced record
growth in an
otherwise weak
economy.
The University of Phoenix is an example. This
heavily marketed for-profit university reported a 22%
enrollment increase in 2009, with projections to 26%.
The online sector grew 13% last year, with nearly one
in four students taking online courses, up from one in
10 in 2002. Community college enrollment also rose
25% compared with a year ago.
The Student Assistance Solution As these for-profit and online schools attract a flood
of new students, the next challenge is keeping them.
For every student that drops out, the school loses
tuition income, as well as all potential earnings from
ancillary expenses.
The last thing these for-profit schools want is to lose
revenue. That’s where the EAP comes in: to deliver
comprehensive student assistance that helps the
school attract new students, boost retention rates,
remain market-competitive, and build revenue.
How Student Assistance Programs Work In an effort to keep students in school, a top ten
national for-profit university worked with ACI
Specialty Benefits—their longtime EAP provider—to
deliver SOAR (Student Outreach, Assistance, and
Resources) to select locations on a trial-period basis.
The program reported 11% utilization in just the first
three-months—more than double the national
average for employee assistance utilization. In
addition to telephonic counseling, legal and financial
consultation, SOAR also provided assistance on
everything from affordable housing, food and shelter
to low-cost computers—even a source for free
diapers!
After providing students with resources, counseling,
and referrals for all of their complex needs, a follow-
up student survey revealed significant ROI data:
• 41% said it would have been difficult or
impossible to continue school without the
services;
• 88% of students stated that SOAR allowed
them to focus more on school;
• 94% said they would recommend the
service to other students or family
members.
Strategies to Attract, Retain, and
Graduate Students A student assistance program equips college faculty,
staff, and administration with tools and resources for
students in need; and, from a business standpoint, the
school gains a great marketing tool to attract new
students and remain competitive.
In developing a strategy to attract, retain, and
graduate students, it may be time to take a new look at
higher education. Here are a few strategies for
today’s “new look” on the college campus:
1. Focus on dollar signs. Keeping students in
school means keeping money in the bank. ROI
and EAP form the basis for expanding into
student assistance programs.
2. Listen and learn. Each academic institution is
unique, with its own student demographics,
culture, policies and goals. A student assistance
program demonstrates knowledge of both new
approaches to higher education (e.g. online
degrees); as well as understanding of the “new”
student; cultural, racial, family, diversity,
economics, stress and other issues.
3. Create a strong list of funnel questions to direct
information to the school’s business proposition,
aiming toward choosing a student assistance
solution tailored to your school’s specific needs.
4. Develop the value proposition. Students are
dealing with stress, depression, anxiety and the
myriad of behavioral symptoms that characterize
lives of juggling school, work and family. The
student assistance program is a professional
resource, and not a replacement to existing
counseling programs.
5. ROI is key. The student assistance program
offers detailed utilization and outcome
reporting—invaluable data in forecasting
enrollment and developing retention strategies.
With this high-level of reporting, institutions—
both traditional and non-traditional—will be
perfectly positioned to assist the staff (faculty,
counselors, etc.) in strategic long-term planning,
make suggestions for program enhancements, and
work to establish a variety of benefit solutions for
years to come.
Schools succeeding amidst budget cuts and
endowment losses are taking a revolutionary approach
to higher education: one that targets underserved
markets—first-generation college students and
working adults—with educational programs focused
on ‘convenience’ and ‘customer service.’ This
revolutionary approach to education requires a
revolutionary approach to student services, and
student assistance programs may just be the edge
needed to stay ahead in today’s competitive market.
About the Author – Dr. Ann D. Clark
Dr. Ann D. Clark is CEO and Founder of ACI
Specialty Benefits, a top ten EAP and leading
provider of student assistance programs, wellness,
concierge and work/life services. A best-selling
author, Dr. Clark is one of the original Certified
Employee Assistance Professionals (CEAP) and a
licensed Marriage and Family Therapist. She can
be contacted at [email protected].
This article is an abridged version of original featured in Benefits Selling Magazine, December 2009.