The Community College ROI of Study Abroad

> Connecting Study Abroad to Community College Mission/Vision of Student Success: Gain Engage, Retain and Graduate students at a higher rate to empower those students to become productive members of society <

Educated Assumptions:

• “Average” annual net price, full time, beginning, community college student (the annual value of a student): $8,000.00

• “Average” annual net price, full time, beginning, community college student (the annual value of a student for 2 year program): $16,000.00

• “ Average”, full time, overall, community college, Graduation Rate: 40%

• Initial Cost/Investment of study abroad program: $0.00

• Un-adjusted, 2 year, community college, study abroad, retention rate gain: 32%; 1 year; 31%

• Marginal Means, Adjusted, 2 year community college, study abroad, retention rate gain: 9%; 1 year: 6.6%

• “Average” full-time, Student population : 3,000

• Study abroad, 2 year, graduation impact: + 9% x 3,000 students = 270 Student gain, x $8,000 value per student = $2,160,000.00 Community College Revenue Gain

Community College ROI Calculation:

• Amount Invested: $0.00

• Amount Returned: $ 2,160,000

• ROI over 2 years is off the charts!

• Under this ROI calculation methodology, to receive an annual ROI return of 20%, a VERY good return on your money invested, your dollar investment would be $1,500,000  (remember your investment here is zero) .

• What does this mean to you?: Your expected ROI return, on your investment of ZERO Dollars, FAR EXCEEDS 20%!

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Your direct, Student Success benefits are overwhelming! What are you waiting for? Give us a call to discuss how easy this is to implement

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Supplemental/supportive reading on how Study Abroad parallels and Supports your community college organizational mission/vision/objectives of Student Success: Gain, Engage, Retain and Graduate students at a higher level

When you are interested in discussing real life examples of travel connecting to Student Success, please contact us:

Thank You,

Tom McDonald, tsm@centurytel.net, 1-608-788-5144

Study Abroad,  Common Questions and Answers

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