Ellucian

Ellucian’s pricing strategy is tailored to the unique scale and budget constraints of higher education institutions. Costs are primarily driven by the number of Full-Time Equivalent (FTE) students, which serves as a proxy for the system's required capacity and support level. For a mid-sized institution with 5,000 FTE, a core SaaS package including Banner and the Ellucian Experience portal can start around £335,000 ($420,000+) per year. Specialized CRM modules, such as CRM Recruit or CRM Advise, are often priced separately, with annual fees ranging from £30,000 to £50,000 for institutions with 2,000 FTE. It is important to note that implementation fees are significant and typically charged as one-time professional services costs. These can range from $50,000 for small colleges to over $500,000 for large, complex university systems. Additional costs may arise from custom integrations, training beyond the standard onboarding, and third-party database licenses. Contracts are typically multi-year with annual escalation clauses (often 3-5%) reflecting service updates and inflation.