4. Over what time period would this investment be implemented?
Within 12 months of funding.
5. Does this investment have a directly related revenue stream or cost savings? (For example, an investment in an instructional site would have a directly related revenue stream in the form of tuition or fees. Or an effort to replace all lightbulbs on campus with LED would have a directly related cost savings) Yes. This investment will lead to an increase in yield. If applying projected increases in yield to our Fall 2020 admit pool, a 1-percentage point increase would lead to an increase of 105 new first year students and a 5-percentage point increase would lead to 525 additional new first year students. These increases would bring a potential $5.1M to $25.5M increase in projected revenue when applied to the expected net tuition revenue of the first year entering cohort alone. 6. If investment will require additional employees, please indicate quantity and type (faculty, admin, classified, student). If it will lead do fewer employees, please enter as a negative # N/A 7. If investment will require additional Goods & Services, please indicate estimated type and amounts below. Indicate reductions of Goods & Services as negative numbers. Goods & Service Type FY22 FY23 FY24 Web and CRM integration/Development work $185,000
Please be as specific as possible, add more rows as needed
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