The ProjectWMU Team 2

 POUND, KIMBERLY

BURKHEAD, JOSEPH SPITZER, THOMASHATTER, JEREMY

DEVAN CLEMENTSKAITLYN MAYBEE

April, 2015

The Project

Higher Education AffordabilityWestern Michigan University Team 2Golden Consulting Group, LLC

Pound, KimberlyBurkhead, Joseph Spitzer, ThomasHatter, JeremyClements, DevanMaybee, Kaitlyn

Project Purpose

∗Rising cost of education

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

Project Scope

Lower costs for Michigan Students

Education and

Outreach

Curriculum Acceptance

Business Incorporation

∗Education and Outreach∗Grant and Scholarship search engine

∗Curriculum Acceptance∗Better transfer credit system

∗Business Incorporation∗Tax breaks for internship offerings

Project Scope

∗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

∗Students Save∗Average $1000 each∗Added experience ∗Less time working

Benefits

∗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

∗Internship to full-time position∗Training tool∗Hiring from within

Risks

∗Search Engine∗January 2016∗Before 2016-2017 school year

∗Curriculum Guideline∗August 2016

Schedule

∗Legislation – Tax incentive∗Introduced 2015∗Effective 2016

∗Project close∗September 2017

Schedule

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% $310,000Transfer Credits Administration costs 2.9% $345,000Business Investment Recruiting costs 4.4% $75,000Contingency Allowance (requires stakeholder approval)

10% $190,000

Totals 100% 2,110.000

∗Save $1,000/student∗On time!∗On Budget

Success Criteria

Thank You

Conclusion