The cost of higher education is one of the most significant challenges students and their families face. Parents and students are not just worried about affordability; they’re also concerned about managing the complexities of the enrollment process, financial aid, and the long-term financial burden of student loans. Addressing these concerns effectively can help improve engagement and increase enrollment rates. Meritto’s Higher Education CRM provides a robust solution for tackling these concerns while streamlining the entire enrollment journey.
1. Aligning with Parent and Student Cost Concerns
Surveys consistently show that both students and parents rank cost as the top concern when considering higher education. However, a communication gap often exists. Parents may not fully understand how much their children worry about the financial burden, expecting them to focus on school fit and success instead. Meanwhile, students are concerned about future debt and the return on their investment.
Meritto’s Education CRM bridges this gap by offering personalized, real-time communication between parents, students, and institutions. It enables automated and personalized follow-ups, helping families receive timely, relevant, and transparent information regarding tuition, financial aid, and available scholarships. This transparency can reduce the financial anxiety parents often feel.
2. Facilitating Parent-Student Dialogues with Seamless Communication
Engaging parents in the enrollment process is vital. With 35% of enrollment leaders recognizing the importance of parent engagement, Meritto’s CRM enables institutions to connect directly with parents through multiple communication channels such as email, SMS, WhatsApp, and calls. This centralized communication system ensures that both parents and students are on the same page about costs and financial aid opportunities.
By automating the distribution of information, Meritto helps answer parents’ critical questions, such as eligibility for scholarships and the net cost of college. Offering clarity on these points through the CRM makes it easier for families to make informed decisions about the cost of education.
3. Automating Financial Aid Communication to Ease Student Anxiety
Student anxiety about financing their education is growing, particularly with rising tuition fees and the long-term impact of student loans. Meritto’s Education CRM provides automated workflows that help guide students through financial aid options. From initial inquiries about scholarships to the final payment stages, Meritto ensures no critical steps are overlooked.
By automating financial aid communications and documentation, institutions can improve engagement while reducing student stress. Moreover, Meritto’s document verification system ensures that all student records are properly processed and compliant, eliminating delays that could add to financial anxiety.
4. Improving Enrollment Outcomes with Intelligent Data-Driven Decisions
A major concern for many enrollment teams is optimizing the efficiency of the admissions process. With Meritto’s Higher Education CRM, institutions can automate tasks such as lead nurturing, application processing, and fee collection. The platform’s powerful reporting engine offers real-time insights, enabling enrollment leaders to make data-driven decisions.
Meritto’s CRM provides actionable metrics like lead source tracking, conversion rates, and engagement analytics, allowing schools to refine their strategies and enhance the student experience. This is particularly beneficial when managing a large number of students, ensuring that no lead is left behind.
5. Ensuring Transparency with Net Cost Breakdown
Despite the rising costs of higher education, 63% of parents now evaluate the net cost of college, up from 59% in 2022. However, 58% of parents are still unsure about the true cost of attending college. Meritto’s CRM provides institutions with the tools to clarify the cost breakdown for families, helping them understand exactly what they’ll pay.
By integrating payment management systems and offering students flexible payment options like interest-free EMIs and loan facilities, Meritto ensures that families can easily navigate the cost structure. This transparency builds trust, helps align parents’ and students’ expectations, and improves enrollment conversion rates.
Conclusion: Empowering Enrollment Teams for Success
In 2025, enrollment leaders must prioritize strategies that enhance student engagement, improve financial transparency, and streamline the application process. Meritto’s Higher Education CRM addresses these concerns with its all-in-one platform, allowing institutions to automate communications, centralize data, and engage with parents and students effectively.
By utilizing Meritto’s CRM, higher education institutions can not only meet the growing demands of today’s students but also exceed their enrollment goals. From transparent pricing to automated lead nurturing, Meritto empowers teams to navigate the complexities of college enrollment with ease, ultimately leading to improved student retention and success.
Ready to transform your enrollment process? Explore how Meritto’s Higher Education CRM can simplify and streamline your admissions journey today. Schedule a demo today.