In May 2019, AGB and NACUBO jointly made the decision to sunset the Looking Under the Hood Institutional Aid Project and the associated Looking Under the Hood Institutional Aid Metrics Online Benchmarking Tool. The tool is no longer be in service, and we will no longer take requests to provide access to the tool for new users.
We would like to thank you for your support of this very successful project.
With funding from the Robert W. Woodruff Foundation and additional support from The College Board, NACUBO and the Association of Governing Boards of Universities and Colleges launched the Looking Under the Hood Institutional Aid Metrics Project in 2012. The key component of the project was the development of a set of institutional grant aid metrics that enabled higher education CBOs, presidents, and board members to examine their current institutional grant aid allocations and policies, and to better plan their future institutional aid decisions. These metrics were designed to help leaders gain a greater understanding of the impact of their institutional aid policies and practices. Examples of metrics included: total institutional grant aid per full-time equivalent student; percentage of institutional grant dollars awarded based on students' demonstrated financial need; and total institutional grant expenditures as a share of total institutional operating expenses.
A summary of the project is available from AGB's Trusteeship Magazine. And the October 2015 edition of Business Officer Magazine provides an updated summary of the project and a case study of how one institution used the tool to take a more detailed look at their institutional aid policies.
AGB and NACUBO issued a comprehensive summary report about the project to the Woodruff Foundation.
Featured Product: the Looking Under the Hood Institutional Aid Metrics Online Benchmarking Tool
AGB and NACUBO contracted with Peerfocus to create the Looking Under the Hood Project Institutional Aid Metrics Online Benchmarking Tool. This tool displayed over 30 student aid metrics for NACUBO and AGB member institutions, and allowed members to compare their various institutional grant aid metrics with national average and with self-selected peer institutions. The tool was designed to allow higher education chief business officers, chief executive officers, board of trustee members, and other senior leaders to have an in-depth internal discussion on their institutional aid allocations. Tool data are currently available for 1,400 public and private nonprofit two- and four-year colleges and universities in the United States.
As of May, 2019, the tool is no longer in service, and new users will no longer be added. For further details, please send an e-mail firstname.lastname@example.org