More than 500 postsecondary institutions use PowerFAIDS to
automate their financial aid offices because it's the most
powerful, comprehensive, flexible, and economic way to
process financial aid.
PowerFAIDS can be tailored to fit the needs of any financial
aid office--large or small--and can be integrated with other
campus systems.
PowerFAIDS Does It All
This powerful software combines a broad range of data
processing services into a single, easily manageable
solution. PowerFAIDS manages federal aid programs and
your institutional aid programs and objectives, and gives
your staff the information and tools they need to provide
smarter, faster service to your students and families.
PowerFAIDS automates your entire aid process and eliminates
hours of tedious paperwork. It manages student eligibility,
verification, Pell Grant management, award packaging, loan
origination, reporting and research.
PowerFAIDS Has a Long List of Special Features
Institutions choose PowerFAIDS and you should too, because it:
- Supports complex enrollment patterns using your
institution's academic calendar, streamlining budget
construction and document tracking.
- Automates computation of Federal Methodology and
Institutional Methodology need analysis including
on-demand recalculations.
- Manages unlimited financial aid funds, controlling fiscal recordkeeping.
- Lets you create powerful formulas to package all of
your students or just a segment you select, including
unlimited simulation runs.
- Supports early decision/early action awards each year.
- Automates and enhances your interaction with students
using rich communications, including the ability to email
students directly, include attachments, request receipts,
and more.
- Includes an extensive data dictionary with hundreds of
institutionally defined data fields and over 1,000
predefined elements available for each student and each
award year.
- Integrates easily with the Federal Central Processing
System third-party student information systems, and
CommonLine based loan providers, to speed processes and
improve turnaround times while giving your institution a
seamless view of student data.
- Automates disbursement functions according to federal
and institutional rules to ensure the right payments on
time. You can even generate an anticipated aid extract to
remove pending aid from student bills.
- Expands customer service to students and provides data
to other campus office colleagues more efficiently through
optional PowerFAIDS
Web modules.
- Provides powerful on-demand reporting, including FISAP
and the Common Data Set Survey, as well as custom reports
that you can create immediately. And, you can schedule the
generation of reports for off-hours and have PowerFAIDS
e-mail the results to you.
- Simple-to-load updates that you can implement on YOUR
preferred schedule. You’ll no longer need to compete with
other departments for I.T. resources.
- Easily renew your funds, packaging formulas, budgets,
student data, and other key information each year
automatically with the Parameter Roll Forward feature.
- Integrates with
Imaging and Documentation Service (IDOC). PowerFAIDS
stores valuable, key-entered tax data; lets you compare
tax and financial aid application information, displays
web based document images, and automatically tracks
documents.
The Sophistication of PowerFAIDS Technology Makes It Easy To
Use
PowerFAIDS is an intuitive, Windows®-based, client-server
solution that's easy to use. Unlike some systems that can
take years and hundreds of thousands of dollars to
implement, you can be productive with PowerFAIDS in as
little as 90 days from contract execution.
The College Board helps you install PowerFAIDS, trains your
staff to use it, and provides on-going technical support,
upgrades, and enhancements.
Get the power of PowerFAIDS today! For more information on
how PowerFAIDS can automate your financial aid office, call
800-927-4302, or
e-mail us.
