Higher Education Metrics®

Mined Systems’ Higher Education Metrics® provides key financial metrics to college and university Bursars, Directors of Finance and Student Financial Services professionals.  

The objective is to improve the institution’s accounts receivables and default prevention processes to increase retention and graduation rates and reduce defaults and associated risk reserves. Higher Education Metrics® helps institutions in the following ways:

  • Cost-saving automation of manual processes through Mined Systems’ software
  • Use of internal and external data to identify and understand problem areas
  • Quantifying accounts and corresponding student service levels for retention
  • Developing and utilizing algorithms for risk and opportunity identification
  • Data and correlation analysis
  • Predictive analytics and scorecards to assist students
  • MSI’s HELP Model
  • Use of prospective students versus continuing student’s data

The Higher Education Metrics® application integrates data quickly from any source.  Dynamic reports generate instantly with no additional reporting system requirements. Institutions realize  20 – 30% reduction in new defaults and reserve requirements within 18 months of implementation, and an ROI > 400%   over the first two years. 

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