We’re on a mission to make financial aid awesome for schools and students through extraordinary cloud-based software—and the mission is gaining momentum! Today, CampusLogic announced record growth, realizing a 40% increase in revenue in the first quarter of 2016.
Financial Aid Offices Deserve Better
Our award-winning software makes the student financial aid experience easy, mobile, and highly personalized, something FinAid certainly hasn’t been, historically. Financial aid offices struggle with low budgets and limited resources, leaving them with manual and often paper-driven processes that don’t meet students’ digital and mobile demands.
“Financial aid professionals are looking for cost-effective ways to keep up with digital, mobile-minded students,” says Gregg Scoresby, Chief Executive Officer at CampusLogic. “Our platform enables schools to make their entire student financial aid experience simple in less than 30 days, and that includes full integration to their student information systems. Nobody else in the industry can do that.”
Key Q1 Momentum Drivers
A new platform message recently launched, reflecting our goal to simplify financial aid and bring together multiple products under one platform. The CampusLogic platform includes three modules that work together to provide the only student engagement platform built specifically for financial aid:
StudentForms: simplify verification, professional judgments, SAP appeals, and any financial aid form.
CampusMetrics: visualize and act on financial aid data instantly.
AwardLetter: modernize and make award letters mobile.
In March, CampusLogic introduced higher education’s only student financial aid data analytics product: CampusMetrics. Now, financial aid professionals can visualize and act on financial aid data instantly—no IT support required.
The next-generation of integration also launched in March. CL Connect is our complimentary open-source web application that allows customers to quickly and easily integrate CampusLogic with their student information system (SIS), imaging system, and other integration points.
Unparalleled Customer Support– Chrisy Woll, VP of Customer Success, joined our team in January. In addition, three new Customer Success Managers joined: Steven Young, Kristi Punches, and Jennifer Hannon. Together with existing CSM, Heather Moffat, the team provides the best implementation and ongoing success in the industry.
We believe in the power of easy, mobile, personalized FinAid
CampusLogic’s continuous growth brings validity to our belief that an easy, mobile, personalized financial aid experience is more cost effective than manual processes, and dramatically improves the student experience.
Watch for even awesome-er things in Q2.
“Our growth rate is actually accelerating,” says Gregg. “Within the next four or five months, our platform should be live at over 100 colleges and universities including schools of all types and sizes. That’s pretty amazing considering we have invented a new higher education software category in less than two years. I think it is becoming clear that this is the way all schools will administer financial aid in the future.”