THE UNIVERSITY FINANCIAL AID SYSTEM
The University Financial Aid System is a
dynamic, table driven system which provides control of the system to those key
"stakeholders" who use the system daily. The software was designed by a team of
financial aid professionals currently working in the rapidly changing world of financial
aid administration. It was written using proven model programming techniques, a relational
database, and is available in either a Client/Server or mainframe environment.
Key Benefits
 | Managing Change::
Each year, due to changes in laws that affect financial aid processing,
every Title IV institution must incorporate expensive upgrades. Programmers spend precious
hours revising in-house systems to accommodate and perform financial aid functions. The
University Financial Aid System helps reduce this problem by empowering the Financial Aid
Office to make most of the required changes without having to
rely on the Institution's Information Systems staff. |
| Decrease Processing Time / Reduce Errors: The process of applying for financial aid is often
frustrating and time consuming for both student and administration. If errors exist in an
application, a correction process must be labored through, often extending completion time
to several weeks. The University Financial Aid System has numerous edits built in, which
assure the accuracy of data entry. In addition, a student has the option to enter their
own financial aid application data. These edits and self-application capability prevent
the need for later correction and guarantees that applications will be completed in an
efficient, timely manner. |
| Packaging of Aid:
: The
University Financial Aid System contains improved aid packaging capabilities which package
students aid according to term and enrollment level. Funding is matched to students
without the need for manual adjustment. Students are packaged in the most efficient and
timely manner. |
| Tracking: Students
are often anxious and concerned with the processing of their financial aid. Financial Aid
Office employees can spend substantial time monitoring and researching a student's aid.
The University Financial Aid System offers immediate visibility to the student's file from
initiation of application through disbursement of funds. |
| Student Monitoring:
: The
University Financial Aid System is designed to interface with the university's existing
student record system. Student activity can be continuously monitored for attendance and
progress which can affect a student's accountability and eligibility for aid. Ad-hoc
information can be extracted from the system using a number of query and reporting tools
currently available. |
| Privacy: Many
university systems struggle to address privacy issues associated with the use of social
security numbers for student identification. To ensure privacy and at the same time allow
student access, files are processed with both a social security number and a student
identification number. |
| Recruiting Students:
: Today, institutions aggressively compete for the best students. Institutions that
can assist students in the rapid processing of financial aid are in a covetous position.
The University Financial Aid System enhances the institution's ability to attract these
students by providing a quick and efficient response to their financial aid application. |
Features
Click here for a full list of features. We also have a
sample Student Application, sample
Student Tracking screen shot, and sample Student Awards screen
shot.
Pricing
Call for information on pricing
More Information
If you'd like more information about the University Financial Aid System,
please click here, and make the topic of the
email Financial Aid Information. Thank you.
