This is a series on how online learning management systems are being used in the classroom.
What Is Online Learning Management Systems Information Used For
With colleges and universities in a rush to start enrolling students into the Fall semester, one of the biggest school marketplace tools is becoming even more essential for cash strapped universities and colleges.
One of the most significant pieces of software used to maintain accurate data on a given student and provide complete data in relation to all other aspects of the education experience such as the financial aid application, is called “student information systems (SIS) information used for.”
This much-followed software consists of several components; StudentID, Record of Higher Education (REHEL), Student ID credit card, Student Profile, and other related information.
Your students will be spending a lot of money, tuition payments, to go to college, so it makes sense that they would need to be equipped with this necessary information.
President Trump in a meeting with college presidents admitted that it was an advantage to the country that universities more closely collaborate with student information systems systems.
College students need access to this information so they can in turn work for extra credits, or do what-if scenarios in regards to the college experience.
How Much Do Colleges and Universities Pay to Receive This Information?
You may have never thought of the numbers on this subject. One means to understand this figure is to look at median tuition prices for colleges and universities. The places with the lowest tuition prices and largest number of students are the colleges with the most accurate data. The places with the highest tuition prices and a smaller number of students are those that spend money to have student information systems to provide correct information.
With inflation on campus being 4 percent, college students can easily spend $4000 per year for tuition alone. It would seem to be hard to consider adding $50,000 more, especially considering they will have to pay the bill over the course of four years.
Perhaps the average state university in America is getting around $300 per student per year to pay for the information systems. This may not seem like much, but that is in thousands of dollars. Obviously, the more schools that purchase the information systems, the more accurate they will be.
Google Homes are the new console to go through to see these numbers. Google Home owners can access this information (I think) by saying “Okay Google, provide student information.”
Everything runs through this system, so it is easy to understand how useful this information could be. Here is a screen capture showing the real power of the system:
Another utility the students have to access this information is the E-Tuition Portal. This is a tool that makes it easy for students to input student information and view up-to-date information.
How Much Students Are Paying to Have This Student Information Systems Information?
I am going to assume a student is paying around $25,000 per year for tuition. Now, if I am correct about what colleges and universities charge for software, I will assume they are paying around $350 for Student Information Systems Information.
This will be a study in relativity. If I were a college and were paying $350 for a product and you could buy it for $25, I would assume that should be pretty much the same deal.
We can calculate that a $325 balance goes away because of the improved accuracy when it comes to this student information system. But it’s not just that the $25K you paid will only be on your account for a time period. In these times, that goes somewhere else.
This information is important to so many aspects of a college experience. This will be something to get yourself some research done on for class.