Reston, Virginia-based mostly education and learning know-how business Ellucian is getting Chandler, Arizona-centered CampusLogic for an undisclosed sum, the second big area ed-tech offer this thirty day period.

The offer follows D.C.-dependent EverFi’s $750 million acquisition by Charleston, South Carolina-based mostly program business Blackbaud, introduced previous 7 days.

Ellucian’s acquisition of CampusLogic offers it a business that would make fiscal aid software for bigger-education establishments.

CampusLogic’s software package is utilised by just about 800 universities to improve enrollment, retention and graduation costs. Its platforms contain value calculators, scholarship administration and streamlined economical aid verification, as properly as scholarship crowdfunding.

Ellucian, whose know-how answers are employed by far more than 2,700 institutions in 50 nations, includes college student recruitment, fundraising, alumni engagement and workforce analytics instruments. The CampusLogic acquisition expands Ellucian’s present fiscal help know-how solutions.

“Today’s higher schooling pupils are struggling with money troubles at all-time superior amounts, with more than 86% in the U.S. at present obtaining fiscal support. At the very same time, institutions are going through an maximize in departures of economic aid personnel leaving them with far more administrative workload and a lot less time to have interaction and support the needs of pupils,” reported Laura Ipsen, Ellucian main executive.

The acquisition is Ellucian’s initially immediately after it was obtained by Blackstone and Vista Equity Companions final drop.

Other D.C.-place ed-tech promotions in latest months have involved Lanham, Maryland-primarily based 2U Inc.’s $800 million acquisition last summertime of edX, an on line system service provider started by MIT and Harvard College, and Reston-primarily based Blackboard’s acquisition by Boca Raton, Florida-based schooling application enterprise Anthology for an undisclosed sum very last fall.