Online Course Descriptions
The course descriptions below describe sessions that cover
the New version of PowerFAIDS software.
Anticipated Aid
Need help getting bills out the door? The Anticipated
Aid Extract can help. The PowerFAIDS Anticipated Aid Extract
is a great tool to create a file of estimated aid for
student billing purposes. Unlike the standard Disbursement
Utility, the Anticipated Aid Extract does not use the As of
Date criteria and can be generated according to POE and by
fund for the population you choose. You can create the
Anticipated Aid Extract as often as needed; it does not
update student records in PowerFAIDS. The extract will
include awards reported to date via Disbursement and the
remaining amount to be paid. This session describes how to
manage and export estimated aid transactions to your billing
office.
Viewing time: 21:30
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Automating your Packaging Routine
PowerFAIDS provides the capability to automate many of
your institutional packaging processes for a more
efficient and consistent method of packaging funds for
your students. This Power Chat provides a look at the
three methods of Packaging and reviews how to convert
institutional packaging philosophies and practices into
packaging formulas.
COD Reporting (Pell, ACG, NSG, and
DL)
PowerFAIDS supports electronic Federal Grant and Direct
Loan reporting under the COD (Common Origination and
Disbursement) system. Spend some time with us and make
sure that you have all the information you need to
accurately process and report your originations and
disbursements, view Activity Reports, and process
Reconciliations for Pell, ACG and SMART Grants on a
timely basis. This session describes how to prepare a
report to satisfy the reporting requirements for these
federal programs.
Communications
Basics
Communications is the integration between PowerFAIDS and
Microsoft Word and holds tremendous potential for
letters and e-mail communications full of customized
details. "Communications Basics" is a session designed
to help you use PowerFAIDS to communicate with your
students. We will cover basic information about how to
prepare and generate your student correspondence
individually and via batch mode. In addition, new
features in communications will be described and
demonstrated.
Viewing time: 21:25
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Constructing Algorithms
PowerFAIDS has tools to provide you more control, more flexibility, and more power in constructing budgets, QC rules and packaging process. Algorithms. This session provides a practical, how to overview on the uses and constructions of algorithms. The mechanics of writing effective algorithms that can specify an operation or calculation on one or more student data fields will be highlighted with examples during the session.
Viewing time: 39:11
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Constructing Selection Sets
Selection Sets are the basic foundation for any process in PowerFAIDS. This session explains how to identify and use data elements available in the database to refine and enhance your financial aid processes. Suggestions on how to identify and track data to be used in your Selection Sets will be given.
Viewing time: 52:21
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Creating Custom Reports
PowerFAIDS comes with a group of standard built in reports, but in order to increase your reporting powers, PowerFAIDS gives you the capability to create custom reports specific to your institutional needs. Discussions will cover how to create simple customized reports, complex customized reports, and effective reporting formats to use in exporting report data for research or use in other campus systems.
Viewing time: 48:37
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Direct Loan Processing
We have made significant changes to Direct Loan
processing in PowerFAIDS beginning with the 13.2
release. Join us as we explore the enhanced
functionality that makes exporting Direct Loans to COD
more direct. In this online training, we will cover
several aspects of Direct Loan processing such as fund
setup and awarding, disbursements, and COD origination
and disbursement.
Disbursement Processing
PowerFAIDS produces a fixed format file that can be used
to transmit financial aid awards to your business office to
generate checks, aid in the collection of unnecessary
payments, or correct previous disbursement transactions.
PowerFAIDS may also be used to record disbursements that are
managed by other institutional systems; if desired, these
disbursement records can be backed into PowerFAIDS via an
external update process. This session describes how to
manage and export scheduled disbursement transactions and
import disbursement transactions from an external system.
Viewing time: 49:08
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FFELP Loan Exports and Loan
Disbursement Authorizations
PowerFAIDS produces two types of loan export files that
can be used to transmit FFELP and Alternative Loans to your
Lender or Servicer. PowerFAIDS can create export files of
certified loans for guarantee and also for those guaranteed
loans that need to be changed prior to final disbursement.
This session describes how to create, manage, and export
initial loan files and change transaction files to your loan
service provider. Then, in order to make the most of
PowerFAIDS functions supporting FFELP loan processing, learn
how to reconfirm student eligibility for FFELP and
Alternative loan proceeds by analyzing CommonLine
disbursement roster data according to eligibility rules that
you create. In this session, you will learn how to use the
Loan Disbursement Authorization routine to create a file or
roster to forward to your Business Office to indicate your
approval to release loan disbursements to students.
Viewing time: 36:14
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FISAP/Common Data Set Reporting
PowerFAIDS supports federal reporting requirements for
Part II, Section H: Information on Eligible Applicants and
Part VI, Section A: Distribution of Program Recipients and
Expenditures by Student of the FISAP report. PowerFAIDS can
also be used to produce a report that captures data required
to complete portions of Section H of the Common Data Set
Report (CDS). The CDS report collects financial aid
statistics for surveys by publications such as the College
Board’s College Costs, US News and World Report,
and Peterson’s Guide. This session describes how to
prepare student data for inclusion in these reports and
analyze the report data.
Viewing time: 18:38
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Viewing time: 24:07
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Integrating With Campus Systems
One of your key PowerFAIDS success indicators is your
ability to mesh with other campus processes. This session
explores the features and usage strategies of these
integration points: External Update, External Award Load,
External Award Acceptance, Anticipated Aid Extract, and
PowerFAIDS Disbursement. Join us to hear how you can use
these features to improve and automate your service to
students.
Viewing time: 50:58
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Loan Disbursement Authorizations
Make the most of PowerFAIDS functions supporting FFELP
loan processing. Learn how to reconfirm student eligibility
for FFELP and Alternative loan proceeds by analyzing
CommonLine disbursement roster data according to eligibility
rules that you create. In this session, you will learn how
to use the Loan Disbursement Authorization routine to create
a file or roster to forward to your Business Office to
indicate your approval to release disbursements to students.
Net Partner Basics
PowerFAIDS Net Partner 3.0 lets you customize the look and
feel of the software, so your students experience continuity
with the rest of your institution's website. You can create
your own content, tailoring standard elements like awards,
documents, messages, loans, and disbursements to your
school's specific needs. In this Power Chat, learn the
basics of using Net Partner to build online applications and
let your students complete their own records, view detailed
information from their records for multiple award years,
accept their awards online, access year-specific financial
aid information including disbursements, and download PDFs
or other documents that they need. We have included an
option for closed captioning to this demonstration for your
convenience.
Viewing time:
4:03
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NSLDS Mid-Year Transfer Monitoring
Have you ever wondered what to do with all that information
you receive on the ISIR from NSLDS? This session will give
you suggestions on how to use the NSLDS information more
effectively. NSLDS information can be used to request and
track information on mid-year transfer students to your
institution, track students’ levels of loan indebtedness and
enhance your loan counseling services that you provide to
your students throughout their academic career at your
institution. Learn what data elements need to be in place
prior to reporting your mid-year transfer student records
for federal monitoring.
Parameter Roll Forward
Parameters (POEs, budgets, funds, etc.) are the
foundation of all you do in PowerFAIDS. The ability to
automatically copy all those parameters forward to the
upcoming award year is a great timesaver. With the help of
the Multi-Year Transition Map, this session covers the steps
you need to take before, during, and after copying those
parameters, provides guidance for reviewing your processes
and establishing new award year parameters.
Viewing time: 21:20
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Pell Grant Reporting
PowerFAIDS supports electronic Pell Grant reporting
under the COD (Common Origination and Disbursement) system. Spend an hour with us and make sure that you
have all the information you need to accurately process and
report Pell originations and disbursements on a timely
basis. This session may be most useful to those who have
inherited their PowerFAIDS system and want to ensure
accurate and up-to-date processing and reporting in the
upcoming award year.
Viewing time: 49:11
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Scheduler Service
The PowerFAIDS Scheduler is a great tool to automate
campus data delivery into and reporting out of PowerFAIDS.
Attend this session to learn about the system requirements,
installation, activation and usage of the Scheduler module.
We will demonstrate each phase of usage and discuss
scheduling strategies that won't conflict with your other
usage of PowerFAIDS.
Viewing time: 47:13
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Security Basics
The Security module in PowerFAIDS sets the
permissions for access to your PowerFAIDS database. This
Power Chat will discuss simplified user configuration in Enterprise Manager,
creating and using Security Groups, creating and updating Users
in Security, and
using the Permissions Matrix to help you manage the Security
access at your campus. If you have any questions about
administering the Security component of PowerFAIDS, we
invite you to join us for this session.
Viewing time: 33:23
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Understanding IDOC in PowerFAIDS
These sessions are designed to assist customers to learn
about IDOC features and processing for 2007-2008 in PowerFAIDS. We will cover basic information including
importing and posting of IDOC records, viewing IDOC images,
and verification using electronic IDOC files. In addition,
new and changed features will be described and demonstrated.
Understanding the System Architecture
This is a technical presentation for IT staff supporting
PowerFAIDS. We cover transition and technical issues,
the technology platform, hardware and software requirements,
and installation procedures.
Viewing time: 29:57
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