Tag: Formula

  • The unlikely formula behind a sold-out international education summit

    The unlikely formula behind a sold-out international education summit

    If you’ve scrolled through LinkedIn lately, you may have seen something that looks more like Eurovision than a typical education conference: university staff singing, recruitment agents dancing, and national teams battling it out for ‘best in show’ on a brightly lit stage in China’s tropical Sanya.

    The annual summit of global recruitment and international education consultancy HUATONG International‘s (Hti Edu) has been running since 2014, originally under the iae China banner before continuing under Hti’s own branding from 2023.

    The final night of the conference features performances by Hti staff, university representatives and country teams from the UK, Australia, Canada and other destinations. Acts range from institution-led and mixed national groups to collaborations with professional musicians.

    “The social bonding aspect is a strong focus of the event as we strive to forge cross cultural understanding and friendships that transcend pure business. Hti has always espoused that relationships make partnerships,” explained Mark Lucas, Hti’s senior vice president of global partnerships and business development.

    “It is hugely popular with the attendees and very competitive between the country-based acts in a ‘frenemies’ way, as each country tries to take the honours of the ‘best in show,’” said Lucas.

    “The event is held near the end of the year and all attendees from Hti’s amazing team to the channel partners, institutions and service providers work incredibly hard throughout the year – this is chance to unwind, meet people from around the world and embrace the diversity and talent that is so evident and present in the world of International education.”

    For Lucas, the entertainment is not a distraction from business – it is part of it.

    This is chance to unwind, meet people from around the world and embrace the diversity and talent that is so evident and present in the world of International education
    Mark Lucas, HUATONG International

    “We are very good at blending a serious, relevant and very full educational and business format with meaningful and fun social events. We are unusual in the fact that the social and performance aspect of the summit has become a very pivotal part of the whole event,” said Lucas.

    Alongside the spectacle sits a packed program of policy and professional content, from embassy-led visa briefings and destination updates to sessions on transnational education, AI, employability and wider sector shifts.

    The summit now draws around 1,000 delegates – including 600 hand-picked recruitment partners from across China, alongside universities, service providers and government officials from major study destinations.

    “For our channel partners, an invite to the summit is awarded based on their efforts. It is very competitively sought after and as they tell us each year, often the highlight of their year.”

    The same applies to institutions: because total attendance is capped, only around 150 institutions, service providers, and commercial partners are invited to the summit. As a result, many lock in their place for the next event as soon as the current one ends.

    According to Lucas, the event seeks to provide a platform to allow for the organisation’s priority partner institutions to directly engage with its channel and recruitment partners in a “controlled training and social context” – noting that this approach was “not the norm for B2B businesses.”

    “Hti takes a very different approach and trusts that our priority partner institutions will not seek to work directly with our extensive network of channel partners and creating an opportunity to bring their key advantages and sector positioning directly to a select group of 600 channel partners.”

    Alongside universities, the summit also brings together the wider service ecosystem that supports international students, including finance, health insurance, testing and accommodation providers.

    Source link

  • Minnesota Alters Financial Aid Program Formula

    Minnesota Alters Financial Aid Program Formula

    Minnesota lawmakers managed last month not only to close a $239 million deficit in the state’s largest financial aid grant program, but also to increase its funding by $44.5 million over the next two years. But they did so by changing the funding formula, meaning some students may still find themselves with less aid for college, The Minnesota Star Tribune reported Tuesday.

    The Minnesota State Grant program helps middle- and low-income students enrolled at in-state technical schools, colleges or universities pay for educational expenses, such as housing and tuition. While not every student’s financial aid award will decrease this year, many are still waiting to find out how the changes to the formula will change their award.

    The amount each student receives is tied to their family size and income, and during the 2025–26 academic year grant values are expected to range from $100 to $17,717. Last year, average grants awards were cut by anywhere from $175 to $730 to offset the program’s then-$40 million deficit.

    According to The Star Tribune, changes to the formula include:

    • Students can receive the grant for four years of full-time attendance, down from the previous six-year cap.
    • Students who are dependents are responsible for paying an increased total cost of college.
    • There is an earlier application deadline.
    • Students will receive less money for living and miscellaneous expenses, such as room, board and transportation.
    • There is a reduced maximum amount awarded for tuition and fees to match the University of Minnesota’s Twin Cities’s rates, plus a 2 percent reduction for each of the next two years, regardless of how much tuition increases there. If a student attends a school that costs less, they are awarded the average cost of tuition and fees at that institution.

    Republican state senator Zach Duckworth said some of the changes are temporary. “I don’t think anybody was entirely happy with the end results, but the fact that we were able to increase some funding [to the State Grant overall] for students and families was a good thing,” he told The Star Tribune.

    The changes come as Congress is also weighing President Donald Trump’s proposal to cut TRIO, federal work-study and other federal programs that support college students.

    Source link