Financial Series: Discounting and Financial Aid

Take new directions in leveraging your affordability in your market.

Discounting and Financial Aid is a three-day workshop designed for school teams to explore new and innovative financial aid practices and other tuition-discounting strategies.

School heads and their teams don’t often have the focused time or methods for bold and constructive thinking about their affordability and its impact on their mission and enrollment goals. Using curated frameworks, data, and tools, the NAIS Strategy Lab team will facilitate your school’s work to generate new ideas for connecting your vision to your goals for access and affordability. You’ll leave with a pitch deck and a concise and compelling story that outlines new strategic approaches for discounting tuition and leveraging financial aid. 

New this year— pre- and post-sessions: In the pre-workshop session, registered schools can send 1-2 people from your team to learn how to pull the critical elements of data from DASL and other sources to guide your strategic work. In the post-workshop session, the entire team that attended the main workshop can join to discuss implementation progress, next steps, and strategies for tracking metrics both in the near- and long-term to maintain momentum around your innovation efforts. 

If you have questions about this session, please contact the Strategy Lab team at strategylab@nais.org.

Topics Covered

  • Your school’s vision in connection with the challenges or opportunities that exist around discounting and financial aid
  • Data dashboards to assess internal and external markers to inform strategic approaches 
  • Innovative examples from the field, such as reframing language, reducing unpredictability, resetting funding, and more
  • Tools for communicating a bold new direction and ways to outline the strategic priorities to achieve this goal

Why the addition of pre- and post-workshop sessions?

Using data in strategy and innovation work can be overwhelming at times. Where should schools go to find useful data points to drive meaningful discussion? Which data are important for comparison points? How can schools effectively communicate data that motivates future change? 

The NAIS Strategy Lab has partnered with the NAIS DASL team to answer these questions and more through the additional sessions related to this workshop.

The pre-workshop session is designed to support school leaders who struggle with where to start when collecting data and need a simple and effective process for analyzing, visualizing, and communicating insights to others. You’ll find that by embedding data collection and analysis in a problem you are already trying to address, the work becomes more motivating, relevant, and engaging for those most interested in data-driven decision-making. 

The post-workshop session will help schools consider how to be more precise in collecting evidence on what is working (or not), provide frameworks for continuous reflection, and discuss the tools needed for ongoing communication and collaboration to make lasting change. You will be better able to enact new ideas or strategies that outline what success will look like and, more importantly, how you will know if/when success is achieved.    

These sessions won’t just teach you how to pull the data, they will teach you how to use the data to address a key issue you’re facing today.

2024–2025 Lead Facilitators

  • Mark Mitchell, Vice President of Access & Affordability, NAIS
  • Jackie Wolking, Director of Innovation Programs, NAIS 
  • Hilary LaMonte, Vice President of DASL, NAIS

Registration Information

Schools determine up to six participants who will make up their workshop team. The ideal team size is three to six participants, but schools can decide to send only two participants. Individuals are not recommended due to the significant amount of team work time built into the agenda. You will need to know the number of attendees at the time of registration. You can make updates to the attendee names that fill your spots until two weeks before the event.  

If you choose not to send a team member to the pre-workshop session, the NAIS Strategy Lab team will compile and provide your dataset for the prework analysis component of the workshop. If you send a team member(s), they will compile this dataset. There are no discounts for schools that decide not to send participants to either the pre- or post-workshop sessions.

Cancellations received up to 30 business days before the start date of the program will be fully refunded, minus a $75 administration fee. Cancellations received less than 30 business days before the program will not be refunded. Cancellation requests should be emailed to strategylab@nais.org

Dates

  • Pre-Session: November 7, 2024, 1:00–4:00 PM ET
  • Main Session: November 19–21, 2024, 1:00–4:00 PM ET each day
  • Post-Session: January 21, 2025, 1:00–2:30 PM ET

Location

Online

Audience

This is a team-based experience, so a diverse group representing a cross section of your school (from two to six people) is important. Heads, CFOs, admissions directors, trustees, financial aid directors, or other administrators in similar roles are the primary audience. 

Cost

$680 per person (members); $950 (nonmembers)
Register