We are excited about Valparaiso's decision to explore how an ISA program could support current students with financial need. We look forward to collaborating with your team on program design and implementation to ensure your strategic objectives are being met through ISAs.

Thank you again for the chance to present how Vemo Education would help Valparaiso Univeristy build an ISA program that is effective, comprehensive, and thoughtful. The following proposal highlights our strategic discussion to date, provides access to a recording of your program design review, and offers guidance on the next steps in this process.

Program Impact:

The numbers represented outline assumptions related to the overall program impact of the ISA program.

$954K

Increase in Total Revenue

1.04x

Return Multiple

100

Students Supported

Benedictine's Institutional Goals

Benedictine College has maintained retention and graduation rates well above the national averages for four-year, private institutions. However, even though the school's rates of retention and four-year graduation outperform national statistics, its current first-year retention rate of 79% and four-year graduation rate of 60% place Benedictine below peer institutions. As Benedictine looks to increase these rates, the school is exploring ISAs as a potential solution to increase sophomore retention by 1.5% and grad rates by 2% while retaining $784,000 in title IV revenue. To accomplish this objective, Vemo has designed an ISA program model with the following characteristics:

A retention-focused ISA program for all class levels, across all majors
A payment cap of 1x so payment will never exceed amount funded
A funding range of $2,500-$10,000 to support varying levels of unmet need

Valparaiso's ISA Program Design

ISAs perfectly align with our mission. They back up our promise to students that they will engage in a transformational education during their time with us, and they will find fulfilling employment after graduating from Rockhurst.

Paula Shorter

Associate Provost for Enrollment Services

Moving Forward with ISAs

A summary of next steps to launching your ISA program

01.

Confirm Strategic Approach

Ensure program objectives meet your needs and establish success measures.

02.

Finalize Program Design

Review program design and work with Vemo to make appropriate adjustments.

03.

Execute and Launch

Review consumer-facing disclosures and contracts before working with Vemo's Partner Success team to launch your program.

Important Resources

Shortcuts to resources shared with Benedictine to date. For additional insights, please visit Vemo's main resource page at https://vemoeducation.com/resources/

Master Servicing Agreement

Download this PDF to review Vemo's master servicing agreement for Benedictine.

Statement of Work

Download this PDF to view program terms and pricing for Benedictine.

Case Study

Download Messiah University's case study to read how the school launched a successful ISA program.

Success Stories

We invite you to click a logo below to hear Vemo partners share more about their successful ISA programs.