1. The Project
WMU Team 2
POUND, KIMBERLY
BURKHEAD, JOSEPH
SPITZER, THOMAS
HATTER, JEREMY
DEVAN CLEMENTS
KAITLYN MAYBEE
April, 2015
2. The Project
Higher Education Affordability
Western Michigan University Team 2
Golden Consulting Group, LLC
Pound, Kimberly
Burkhead, Joseph
Spitzer, Thomas
Hatter, Jeremy
Clements, Devan
Maybee, Kaitlyn
4. Project Purpose
∗ Lower College Education Cost
∗ Average Cost of $39,625
∗ 5th highest in the nation
∗ Budget Restrictions
∗ Budget Decreases since 2008
∗ Lower Education Debt
∗ 63% of students have debt
6. ∗ Education and Outreach
∗ Grant and Scholarship search engine
∗ Curriculum Acceptance
∗ Better transfer credit system
∗ Business Incorporation
∗ Tax breaks for internship offerings
Project Scope
7. ∗ Limited taxpayer expenditure
∗ Students look elsewhere for money
∗ Transfer credit program will allow students to
∗ Transfer more from CC
∗ More AP in High school
Benefits
8. ∗ Students Save
∗ Average $1000 each
∗ Added experience
∗ Less time working
Benefits
9. ∗ High server use
∗ Issues with functionality
∗ Not all information may be available
∗ Speed and storage may not be enough
∗ Delays in legislation process
∗ Uncontrollable Delays
Risks
10. ∗ Internship to full-time position
∗ Training tool
∗ Hiring from within
Risks
11. ∗ Search Engine
∗ January 2016
∗ Before 2016-2017 school year
∗ Curriculum Guideline
∗ August 2016
Schedule
12. ∗ Legislation – Tax incentive
∗ Introduced 2015
∗ Effective 2016
∗ Project close
∗ September 2017
Schedule
13. Cost
Expense Activity Percent of
Total Budget
Cost in
Dollars
Scholarship Search Engine
Researchers/crawlers to locate the available
scholarships
35.3% $600,000
Data storage and organization 41.2% $700,000
Building the graphic user interface (GUI) 11.8% $310,000
Transfer Credits
Administration costs 2.9% $345,000
Business Investment
Recruiting costs 4.4% $75,000
Contingency Allowance
(requires stakeholder approval)
10% $190,000
Totals 100% 2,110.000
