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5 Ways Technology Can Help Save Costs for Academic Institutes

The growth of educational resources and online courses being offered today are a clear indication of the shift to technology and how it’s changing the landscape of the education industry. 

Every year there is an increasing number of students opting out of attending schools and colleges physically. With many study options available, a lot of which are online and comparatively cheaper, technology is playing a huge role in making education accessible and cheaper than ever before. Even long-distance or work-based learning, as well as apprenticeships, are becoming available online, which reduces the total cost of education by permitting interns to live at home and learn and earn. 

Today, when the world has been ravaged by COVID19 in an unprecedented way, education is one field that has managed to deliver, without any hiccups. Educational institutions all over the world have quickly moved all their teaching online and are making sure that students are gathering every bit of knowledge and learning that they would have, on campus. 

While online education may be the need of the hour right now, technology has always proved to be a gainful investment for educational institutions, one of which is saving on costs. 

Let us explore 5 ways in which technology can help save costs for educational institutions. 

1. Using the cloud instead of the copier

Educational institutions have seen the enormous potential of the cloud and more and more schools and colleges are moving over every year. A market research report had predicted a 26% annual growth in cloud computing in schools through 2021. Needless to say, with the ongoing pandemic the numbers would inflate too much more than that. 

Cloud technology has plenty of instant benefits to academic institutions like –

  • It does away with the need to buy expensive printed textbooks, which become outdated quickly. Using digital content allows easy regular updating as and when necessary, which also saves cost substantially for the school. 
  • It minimizes the requirements for expensive hardware like servers, which call for ongoing server room cooling, maintenance and a huge amount of space. 
  • It reduces the use of toner and copy paper, along with saving the time spent on making copies every week, while also reducing carbon footprints. 
  • If there is ever a loss or a need to track down a paper trail, a cloud system will give easy access and swiftly recover data.

2. Taking advantage of the VoIP over the traditional PBX

Switching over to the VoIP phone system has helped schools and institutions to cut down costs by lowering phone bills and having access to new automation features to further boost productivity. 

VoIP providers often offer free internal calls making it possible for teachers, administrators, and anyone with a phone connected to the phone system to call each other without any charges. Larger schools and institutions can save a substantial amount by using a VoIP phone system since all the frequent calls made within a school system are considered in-network and will be free of charge.

A VoIP system is cheaper to maintain than a PBX system. It can be installed quickly with adding and removing of phones done simply. A hosted VoIP system comes with free 24/7 support staff. 

3. Opting for the digital platform over manual  

In this age of technology, it is a challenge for educators to constantly keep the learning environment engaging and relevant. It is important for them to keep the communications and information flow of the school community completely smooth and secure.

While it may seem migrating to a digital platform would require huge budgets, truth is, it is the crucial factor that can actually cut costs, boost productivity and save time which is otherwise wasted on administrative tasks. With digitization, teachers and administrators do not have to spend time with old machines, including outdated computers, printers and slow networks; and could use their time for more productive work. Teachers have the advantage of using technology to produce more creative learning opportunities for students. On the other hand, students get accustomed to technology at an early age and learn valuable skills which will sustain them for life. 

4. Using special-purpose applications for better efficiency

Educational institutions have started to see the utility of application that can help them manage a lot of departments better. Since educators know they have the responsibility of building the careers and lives of a whole new generation, they understand there is no scope for mistakes. Switching over to digital helps to make sure there are no errors in statistics and work flows smoothly as programmed. They are moving to the use of specifically created applications to better manage food services, school buses, utilities like electricity and cooling/heating, textbooks, etc.

Besides the smooth functioning and management of various departments with the use of various applications, educational institutions are also saving money by eliminating the need of human intervention and physical work.

5. Availing digital documents over physical material

One important aspect of knowledge is, it needs constant updating. Going digital helps to quickly and efficiently update new material online with adaptable changes. Content changes and delivery, digitally, lowers the cost of printing the new material and also gets rid of the reliance on physical printed content and copy.

While education institutions wake up to the importance of technology and seek to empower themselves with the latest, it is the SIS (Student Information System) that has proved to be the groundbreaker with the advantage to connect, teach and manage better. One of the most important roles technology plays is to handle evolving requirements and efficiently manage multiple modes of communication. 

Academia SIS has been specifically developed to suit the current and future needs of growing higher education institutions. It is a unique multifeatured solution for Group Institutions, Business Universities, Colleges, Schools, etc. and automates the complete student life cycle.

Undeniably, the best technology solution to successfully lower costs while providing an edge by enhancing connectivity among students, teachers and parents.

For the education institutions, while adopting technology helps to cut down costs, it also works for students as the expenses go down considerably with online course materials and other associated expenses. Hence, a win-win for all. 

5 Ways in Which a Right SIS can Empower Higher Educational Institutions

Higher education institutions must go through a paradigm shift with the modernization in the education industry. It is the right time to bring complete digital transformation and automation to the education sector. 

It is the right time institutions should adopt technologies like student information systems to automate all the academic and administrative operations improving efficiency and effectiveness in the institution. 

Do you know how a student information system can empower your institution? Let’s discuss it in more detail and understand ways in which a right SIS can empower higher education institutions. 

What is the Student Information System?

A Student Information System (SIS) is software that is used for every facet of education. It provides complete management of all educational operations including admissions, applications, scheduling, examination, and other tasks. These can be managed using a single system bringing complete automation and digital transformation. 

5 Ways in Which a Right SIS can Empower Higher Educational Institutions:

  • Fostering collaboration

Communication and collaboration are crucial factors in any educational institution, it needs to be crystal clear at every stage. Students, parents, and faculties need to collaborate and communicate properly to manage things in a better and more organized way. 

A right Student Information System provides proper and easy management of all the academic and administrative information management fostering collaboration and communication in the best possible way. It provides a platform through which parents can contact the faculty anytime along with providing their feedback in the best way. 

It promotes healthy communication targeting more growth and opportunities for educational institutions. 

  • Easing students day to day operations 

Students are considered as one of the most important stakeholders of an educational institution. The right student information system provides students with complete access through a portal and mobile application that triggers a seamless learning experience automating and streamlining all the academic and administrative processes like enrollment, records, teaching, homework and assignment, library management, and a lot more.

  • Building student-faculty relationships 

Students and faculty are considered as two separate entities that are dependent on each other and who need to maintain effective relationships. A student information system provides connectivity and synchronization between faculties and students managing attendance, enrollment, admissions, examinations, and a lot more operations. An SIS allows faculty members to send notifications for students at any time and students also get the opportunity to contact faculty at any time whenever they feel the need. 

  • Effective financial aid and management 

It is the most critical part of any educational institution. With manual intervention, institutions often feel it is a complex process as it involves multiple transactions, long queues, more staff, and a lot of many things that sometimes create chaos and confusion. A student information system provides complete financial aid and management of all the fee-related operations providing students, faculty, and staff the accessibility to attain any fee-related transactions through the mobile application and the portal. 

  • Efficient examination and assessment management 

Examinations are considered as one of the most necessary seasons in any educational institution, it needs to be effective and seamless with all the functioning at all ends like exam admins, staff, faculties, and exam center manager. It requires frequent communication with all the members involved in the processes plus students, ensuring everyone is aware of the same information and last-minute confusion can be avoided. 

A right and effective SIS provides complete management of the examination process covering aspects from exam registration forms, exam execution, marking schemes, results, the printing of mark sheets, reports, and making it a seamless and efficient process. 

Closing Notes 

The Student Information System is a broader concept and it includes much more functionalities than the above-mentioned features. It also includes various features and modules that are built to help staff, faculty members, and students bring better workflow. If used, it can bring a high ROI with time. 

A right SIS like Academia can empower institutions to bring high productivity and efficient academic and administrative performance. So, are you ready to explore the fantastic features of Academia? Try it with a free demo. Book Now!

 

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