RFP-FSU-26-03 Financial Aid Optimization

Framingham State University is seeking a strategic partner to provide an undergraduate financial aid optimization solution. The solution should support strategic, data-informed management of state and institutional aid, aligning with the University's goal of increasing undergraduate enrollment. The key deliverables include strategic leadership and support, data analysis and modeling, award strategy and execution support, reporting and dashboards, and data-informed decision making. The University requires a minimum of 10 years of experience in the higher education sector, specifically related to enrollment management and financial aid optimization. • Key features of the project: • Improve enrollment outcomes • Predict impact of tuition/fee increases and aid adjustments on enrollment • Enhance net tuition revenue and financial sustainability • Advance equity, access, and student success • Support compliance with federal and state regulations • Deliver unparalleled support, innovative solutions, and measurable outcomes