The number one reason for students who drop-out is lack of adequate financial aid. National statistics suggest that half of the incoming class will not graduate on time and one in five students will not graduate at all. Student debt is at an all-time high at 1.5 trillion dollars and student on-time graduation leaves plenty of room for improvement. Student retention is a pressing issue in higher-ed and a top priority for most institutions.
The Virtue Analytics tool identifies determinants of student retention to offer predictions on and insights into student retention rates. Virtue Analytics platform helps improve student retention in few ways:
1. Determining and enabling institutions to provide optimal student grants
2. Predicting student retention and assisting institutions with appropriate interventions