See the financial return for your institution

Adjust your institution's numbers to see the financial return.

Number of students 10,000
1,000200,000
Assignments per student per year 6 / year
120
Average marking time per assignment 20 min
560

Assumed lecturer hourly rate $45 / hr
Estimated value saved / year
$432K
9,600 hours of lecturer time reclaimed at $45/hr
Hours saved / year
9,600
FTE days reclaimed
1,200

Grading time only. Formative feedback (100% automated by Eduface) is not counted here — the real figure is higher.