Simple, Effective Way Colleges & Universities "Find" Money On Campus

Amid Tightening Budgets and Lower Enrollment, Many Higher Education Institutions are Freeing Themselves of Costly SIS Vendor Contracts
 
BOLINGBROOK, Ill. - June 27, 2013 - PRLog -- Bolingbrook, IL – For many campuses, years of sliding enrollment and increasingly difficult budgetary decisions have created cause for a hard look at vendors and the heavy contracts they shackle to struggling institutions. Many schools have already trimmed programs, laid off a percentage of non-essential employees and stalled on planned upgrades until financial footing returned. Optimism that a workforce seeking retraining and education would flock to colleges and universities has since met the reality of an aversion to tuition costs and a lack of appetite for student debt. If Higher Ed can't grow it's way back to solid budgetary ground, then how will it survive? Schools such as Washington Bible College soldier on under a new conglomerate flag, having been acquired by Lancaster Bible College. Others cut tuition in an attempt to become the "value player," but that technique immediately leads to lower revenues.

Perhaps the most overlooked source to "find" money on campus rests with the Student Information System vendor and their exorbitant contracts. Providers such as Banner, CampusVue, Jenzabar and Populi lock schools into multi-year agreements that can eat up large percentages of budget allowances, then charge yet thousands more for Enhanced Customer Support and Customizations.

“It's astounding how many schools seem to feel that a renewal with their current Student Information System provider is their only option. That can be a fatal choice budget-wise, but it's an avoidable fatal choice.” says Corey Benjamin, Director of Business Initiatives for EDC Technology. "A school's allegiance should be to their students, staff and operations, not to a vendor. Options such as CampusAnyware™maintain that essential high-level of functionality without anywhere near the cost of other SIS vendors."

As the trusted partner to hundreds of schools since 1964, EDC Technology is kicking off an awareness campaign to the 4,810 two and four-year schools across the United States to compare their current SIS costs and functionality with CampusAnyware™ and take control of runaway SIS costs.

To take the SIS challenge, contact EDC Technology at http://www.edctechnology.com/contact.html or email cbenjamin@edctechnology.com for details. All challenge registrants will receive an "Apple-to-Apples" comparison that could save their school hundreds of thousands in SIS costs each year and free up money that can be immediately reallocated elsewhere on campus.

EDC Technology
Corey Benjamin
(630) 296-6446
cbenjamin@edctechnology.com
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