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Taylor Wiz

Benchmark

What does it actually cost to enroll a student?

It takes two numbers. Taylor Wiz reports cost per submitted application, or CPSA. Your school holds the application-to-enrollment yield because your team owns documents, registration, and enrollment. Together, those numbers show the acquisition cost of an enrolled student without claiming that the marketing team completed the school's work.

The two-part math

CPSA = total marketing investment / completed applications submitted

Total marketing investment includes platform ad spend, agency or contractor fees, creative production, landing page and website work attributable to the campaign, and marketing tooling.

Applications are counted at submission, verified in our CRM, and reported by grade band. Taylor Wiz reports this number because the submitted application is where our work ends.

Cost per enrolled student = CPSA / your application-to-enrollment yield. Your school calculates the yield from its own registration and enrollment records.

Why the denominator matters more than the numerator

The same spend read through different metrics
MetricWhat improves itFailure mode
Cost per leadCheaper trafficUnqualified inquiries that never tour
Cost per submitted applicationQualified families completing the paperworkThe metric Taylor Wiz owns
Cost per acceptanceAccepting more studentsAcceptances that melt over the summer
Application-to-enrollment yieldSchool registration and document follow upOnly the school can verify it

Read CPSA by grade band, not as one number

Entry grades such as kindergarten and grade 6 usually recruit at a lower cost because families are already choosing a school that year. Mid year and upper grade seats cost more because you are asking a family to switch. Averaging them hides the grades that are actually expensive.

A student who enters in kindergarten and stays through grade 5 also represents six years of per pupil funding. A grade 11 seat represents two. Retention length belongs in the same conversation as acquisition cost.

Benchmark tables pending Taylor Wiz CPSA benchmark ranges by school type, grade band, and market density will be published here once the current cycle dataset is finalized and reviewed.

Frequently asked questions

What is cost per enrolled student?

Start with cost per submitted application, or CPSA: total marketing investment divided by completed applications submitted. Then divide CPSA by your school's application-to-enrollment yield. Taylor Wiz reports CPSA. The school supplies the enrollment yield because it owns registration and enrollment.

How is CPSA different from cost per lead?

Cost per lead measures the price of an inquiry, which a school can lower by buying cheaper and less qualified traffic. CPSA measures the price of a completed, submitted application. A school can have an excellent cost per lead and a weak CPSA when families never finish the application.

What is a good cost per enrolled student?

It depends on CPSA and your school's application-to-enrollment yield. The useful comparison is the resulting acquisition cost against first year revenue per student and expected multi year revenue, not against another school's number in a different state.

Should CPSA include staff time?

Include the marketing costs you control and report them consistently. Many schools start with ad spend plus agency fees plus production, then add internal staff time once the baseline is stable. Changing the formula mid year makes the trend unreadable.

Related reading

Written by Will Rodriguez, Founder and Chief Executive Officer

Reviewed for accuracy against current school choice program rules.

Published
Last updated

Calculate your own CPSA with us

Bring last cycle spend and submitted application counts. We will calculate CPSA by grade band and show how to pair it with your enrollment yield.