Case Study: New Jersey Institute of Technology improves financial aid allocation with Othot

New Jersey Institute of Technology boosts net tuition revenue with Othot while holding financial aid budget flat

The New Jersey Institute of Technology (NJIT) needed a predictive and prescriptive analytics solution to create a financial aid strategy that would maximize student enrollment without exceeding its budget. To meet this challenge, NJIT partnered with the vendor Othot.

Using Othot’s Sensitivity Analysis tool, NJIT could determine optimal, individualized financial aid amounts for students. This solution enabled the institution to improve its entering class profile and increase net tuition revenue, all while maintaining a flat financial aid budget during the yield season.

New Jersey Institute of Technology