EMPOWER Financial Aid
empowersis.com
What it is
EMPOWER Financial Aid is a module in a student information system for colleges and universities. It connects student records, admissions, and billing in real time, while bringing billing information and award disbursement together. Financial aid staff can manage aid types, loans, and rules, with automation for budgeting and awarding. Supported standard forms include FISAP, ISIR, Clearinghouse, and CommonLine 5. Listed interfaces include COD exports, government ISIR imports, Colorado SURDS exports, and National Student Clearinghouse exports. Schools can communicate award status and distribution to students, and the module supports award letters, compliance reporting, and packaging workflows. Its modular configuration lets institutions select relevant financial-aid functions. Cloud delivery provides secure online and remote database access, updates, backups, and hardware maintenance. Self-hosted licensing leaves environment and security management with the institution. Ongoing support includes documentation, consultations, webinars, issue reporting, a user conference, and a forum. Pricing is on request.
Spec sheet
- Purpose
- EMPOWER Financial Aid is a module in a student information system for colleges and universities.Read 8 Oct 2026 · empowersis.com
- Intended users
- The vendor presents EMPOWER as software for post-secondary institutions, including colleges and universities.Read 8 Oct 2026 · empowersis.com
- Support
- EMPOWER describes ongoing customer support and offers online documentation, consultations, webinars, a web-based issue reporting system, a user conference, and a forum.Read 8 Oct 2026 · empowersis.com
- Headquarters
- Niagara Falls, New York, United StatesRead 28 Sep 2026 · empowersis.com
- Aid management
- Staff can manage aid types, loans, and rules within a unified platform.Read 8 Oct 2026 · empowersis.com
- Automation
- The module streamlines budgeting and awarding through automation.Read 8 Oct 2026 · empowersis.com
- Award communication
- The module is designed to help schools communicate award status and distribution to students.Read 8 Oct 2026 · empowersis.com
- Business functions
- The product brings billing information and award disbursement into one system.Read 8 Oct 2026 · empowersis.com
- Configuration
- The module is modular, allowing schools to choose the aspects that apply to their financial aid office.Read 8 Oct 2026 · empowersis.com
- Department of Education updates
- The vendor says it communicates consistently with the Department of Education so staff can stay updated on preferences and changes.Read 8 Oct 2026 · empowersis.com
- Government interfaces
- Listed financial assistance interfaces include COD exports, government ISIR imports, Colorado SURDS exports, and National Student Clearinghouse exports.Read 8 Oct 2026 · empowersis.com
- Hosting
- Cloud delivery includes secure 24/7 online and remote database access; with self-hosted licensing, the institution manages its environment and security.Read 8 Oct 2026 · empowersis.com
- Integrated student data
- The module connects student records, billing, and admissions in real time.Read 8 Oct 2026 · empowersis.com
- Price availability
- The maker’s delivery options page describes cloud and self-hosted licensing but does not publish prices.Read 8 Oct 2026 · empowersis.com
- Supported forms
- The page lists FISAP, ISIR, Clearinghouse, and CommonLine 5 among supported standard forms.Read 8 Oct 2026 · empowersis.com
Plans and prices
Cloud Priced on request Price not published · includes all EMPOWER features · hosted with updates, backups, and hardware maintenance Read 8 Oct 2026 · empowersis.com
License Priced on request Price not published · self-hosted · institution manages security, backups, and updates Read 8 Oct 2026 · empowersis.com
Strong points and limits
Strong points
- Real-time links between student, admissions, and billing data
- Supports major aid forms and government interfaces
- Award letters, compliance reporting, and packaging workflows
- Cloud or self-hosted deployment
- Modular configuration for financial-aid offices
Limits
- Pricing is not published
- Self-hosted institutions manage security, backups, and updates
- Cloud and self-hosted options have different responsibilities
Who it suits
It is designed for post-secondary institutions, including colleges and universities, that need integrated financial-aid administration.
Verdict
EMPOWER Financial Aid combines aid administration with student, admissions, and billing records. Institutions should choose cloud or self-hosted delivery based on who will maintain infrastructure and security.
Where Specifiction places it
- Financial Aid Management Software#15 of 227.2
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