The Enrollment Forecasting and Planning (EFP) tool can help colleges and universities with:
Efficient course planning based on enrollment, compensation, and tuition
Annual budget and enrollment forecasting for strategic planning and budgeting purposes
Revenues and expense projections using both granular and high-level scenarios
The EFP tool is intended to be used across institutional departments including the Budget Office, Academic Deans, Department Chairs, the Registrar, Strategic Enrollment Management departments, Human Resources, and more.
There are two primary goals that the EFP tool can help institutions to achieve.
Goal 1: Bring all the data together to make informed, collaborative decisions about the future of each institution
Goal 2: Streamline course planning and forecasting processes across the institution
To learn more about using the EFP tool, reach out to Millennium Customer Support or view the related help files for administrative setup instructions.