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New Interactive Calculator From GoalQuest Enables Colleges and Universities to Determine Potential Return on Investment From Yield Tool Free Web Tool Helps Schools Estimate Value of Company’s EYOp Program Based on Their Unique Trends and Institutional Objectives New York, New York — January 11, 2006 GoalQuest Inc. today announced the launch of its ROI Yield Calculator, a new Web-based tool that lets colleges and universities estimate the impact that the company’s EYOp™ (Enrollment Yield Optimization) product can have on incoming class yield. By employing a comprehensive question and answer format, the tool also helps schools formulate tangible yield goals and determine the appropriate level of investment in the enrollment yield window. The ROI Yield Calculator is available free of charge online at http://www.goalquest.com/roi/eyop/. The Yield Calculator guides users step by step, prompting them to input key data points, such as:
The Calculator quickly analyzes the information, producing a real-time report that estimates:
The tool provides administrators with a printable summary of custom ROI analyses, giving them substantive proof of the program's investment value. "Determining how much to invest in tools that boost and manage yield can be a difficult task," said Dennis Craig, director of admissions at Montclair State University. "The GoalQuest Yield Calculator is yet another example of the company’s desire to build products and analytical tools that help colleges and universities address our unique business challenges with ease and precision." "GoalQuest is extremely excited to offer this powerful tool to current and prospective clients," said Peter Kraft, GoalQuest chief executive officer and co-founder. "The ROI Calculator gives enrollment management professionals a powerful tool to plan their short and long-term yield efforts, regardless of whether they ultimately purchase a GoalQuest yield product." GoalQuest also offers a Retention ROI Calculator (http://www.goalquest.com/roi/fyre/), which enables users to estimate the return on investment of implementing the company’s FYRe™ (Freshman Year Retention) tool. GoalQuest plans to add ROI Calculators to help schools plan expenditures for the search and application windows as well. About Montclair State University About GoalQuest |
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