Ghost Student Busters: Mitigating Fraudulent Application Risk
Fraudulent “ghost students” are increasingly exploiting admissions and financial aid processes and creating financial, operational, and reputational risk for higher education institutions. As application volumes rise and access expands, institutions need effective ways to detect and prevent this evolving threat without creating barriers for legitimate students. Lizz Petroski, executive director of student financial services, and Sarah Egerton, director of risk management and internal audit, presented with the University Risk Management and Insurance Association (URMIA) to examine the risk landscape of ghost student activity and share how cross-functional mitigation strategies can strengthen controls and reduce application fraud risk in higher education.
View slides from the presentation here.
