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Top strategies to increase student retention in higher education

How to increase student retention is one of the biggest topics in higher education. Since the economic downturn in 2008, graduation rates have dropped, and few higher education professionals know how to effectively address the issue. As it stands now, only 66% of four-year public universities and 54% of private institutions have developed actionable plans to improve student retention rates. What can higher education professionals do to address student retention?

Why improve student retention?

The modern student has become a consumer, a buyer of education. And Higher Education has become a buyer’s market. If the institution isn’t delivering, they can take their business elsewhere. But this isn’t the only change. Student expectations are also evolving. No longer is delivering classes all that’s required. The student experience is more multifaceted than ever before.

For institutions, this is a huge challenge. Meeting expectations is the only way to survive in a highly competitive market. As doing this retains the students you have and helps you build the all-important reputation needed to make you the institution of choice for future students.

How to increase student retention in higher education

To understand declining student retention rates, it's critical to understand why students choose to leave school.

Why students leave higher education: common reasons

Cost

Higher education costs have been rising steadily for decades, and students without financial assistance or parental aid often find this financial burden too great to bear.

Isolation

Many students either do not or cannot reach out to faculty members for assistance with coursework, which leaves them feeling isolated in their studies.

Social difficulties

Students who find that they have trouble integrating into a social group or making friends in higher education often choose to leave school.

Unclear expectations

Many students believe that their college or university’s academic and personal expectations have never been made clear, and they fail to obtain a degree because of it.

While the reasons students leave school are many and varied, these are some of the most common. By understanding these unique challenges, higher education staff can develop innovative and efficient programs to boost retention rates and help students stay in school.

Top 10 student retention strategies

To address the problem of low student retention rates, higher education institutions must do the following:

  1. Teach students habits for success

Many students abandon college or university because they don't understand what is expected of them or are unfamiliar with the university’s resources. Because of this, universities must make campus resources available to students through convocation, orientation, and first-year seminars.

Additionally, universities must ensure that students understand which GPAs keep them in good academic standing and what activities and opportunities they can participate in to become more involved with the university.

      2. Develop small goals

Public colleges should have defined goals for student retention. Unfortunately, schools that don't set goals have a harder time measuring success and putting effective programs in place.

Because of this, schools must establish goals for student retention and degree attainment. By first breaking these goals down to programs, courses, and departments, universities can develop effective programs that can then be scaled to encompass the entire university.

      3. Collect data and put it to good use

To address low student retention rates, universities must gather data on program effectiveness, student achievement, and resource allocation. Once this data has been collected, it can enhance student retention efforts intelligently year after year. A better way to collect data is to use a student management system.

       4. Develop intervention programs

One of the most efficient ways to improve student retention is to reach at-risk students before they leave the university. Institutions like Beaufort County Community College do this by implementing an early alert student referral program.

Students experiencing academic, personal, financial, or social problems receive a letter informing them of the college's resources and available workshops that can help them address the issue at hand.

At Unit4, our student information system includes the ability to configure automated alerts for advisors and other student services staff based on behavioral triggers to help identify and intervene with students before it’s too late to turn things around.

       5. Define "Student Success"

When a university builds a shared vision of student success, it becomes easier for students to identify with the goal, while also allowing the institution to allocate and organize resources to support student success.

       6. Combine the strength of all resources

Student retention is a massive issue, and it's one that universities will continue to struggle to address unless all available resources are used. This means combining the power of faculty who first notice student absences with that of financial aid officers able to implement creative financial solutions and student affairs specialists who can put at-risk students in touch with available resources.

By crafting a comprehensive approach to student retention, supported by the appropriate technology, universities become more effective, and students reap the benefits of increased support.

      7. Offer ample opportunities for success

Students who feel that college is a Sisyphean task are likely to leave, so universities must provide students with ample opportunities for success. This means setting high but achievable expectations and helping students set goals that support achievement.

Another essential way to help students celebrate their journey is to give them the tools to track their progress toward success with degree audit and degree shopping tools.

      8. Poll students

One of the best ways to keep students from leaving and curtail issues before they arise is to survey students regularly. This allows the administration to act upon feedback and address issues as they arise.

      9. Focus on building community

Establishing community both in and out of the classroom is an effective way to build a network for students, which squashes feelings of isolation. A sense of community can also support healthy study habits and high academic performance.

     10. Increase resources for academic advising

Academic advising is a critical factor in student success. Helpful, knowledgeable, accessible advisors are essential for helping students access campus programs and resources and improving retention rates.

This is especially true in the current reality of changing student demographics and delivery models where learners may be experiencing the student journey through a variety of traditional and non-traditional, on-campus, and online modes.

The future of student recruitment and retention strategies

While the issue of student retention is a pressing one, the news isn't all bad. Universities and colleges that take the time to implement a well-thought-out plan for student retention can improve degree attainment rates and help prepare students for successful and satisfying post-academic lives.

How to increase student retention with Unit4

Unit4’s Higher Education solutions help you transform the student experience. Giving you the tools, you need to engage with students at every stage of their academic journey—all working to help you boost retention and satisfaction. To learn more about the challenges facing HE and how embracing the right technology will help, download Unit4's "NEW GAME NEW RULES" industry brochure.