“We noticed an impact almost immediately upon going live with FATV,” said Mike Scott, Director of Financial Aid at TCU. “As visits to our video selections increased, phone calls to the office concerning basic application questions noticeably decreased. For example, TCU utilizes institutional...READ MORE >
Online Video Service Reduces Costs, Saves Time, Improves Counseling and Outreach
SAN FRANCISCO, CA - Financial Aid TV (FATV), a leading supplier of online video counseling and outreach solutions for college financial aid offices, announced today a new addition to its online network.
Old Dominion University is the latest school to take advantage of Financial Aid TV's customized online video counseling and outreach solutions.
"Initially, FATV was chosen by Old Dominion University to assist with the administration of the TEACH Grant as the U.S. Department of Education did not have a website for the initial TEACH Grant counseling at that time," said Veronica M. Finch, Financial Aid Director at Old Dominion University.
"However, as time advanced," Finch added, "we realized that our students (potential and continuing) were actually utilizing FATV via our financial aid website; thus hopefully securing a better understanding of general financial aid facts. These are just two of the reasons to remain a user of this wonderful informational source."
"In these tough economic times, schools are being challenged to do more with less," said Paul Burke, VP of Sales for Financial Aid TV. "FATV is an affordable turn-key solution designed to assist all schools, from traditional brick and mortar institutions to online distance education."
Added Burke: "Students often times do not read the materials put out by financial aid offices. Our service connects with students in a 'YouTube' format that they can relate to."
Schools are deploying FATV in a variety of ways, including:
- To Increase FA Applications
- To Improve Default Aversion Efforts
- To Improve Customer Service
- To Improve Financial Literacy Efforts
- To Reduce Student Wait Times
- To Reduce Student Phone Calls
- To Expand Counseling Reach
Financial Aid TV (www.financialaidtv.com) is a service of College Media Solutions (CareerAmerica, LLC), an independent publisher of customizable digital solutions for educational institutions.
Posted 06/09/09 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.