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PowerFAIDS

powerfaids.collegeboard.org

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Visit powerfaids.collegeboard.org
Spec score 7.5 #10 of 22 in Financial Aid Management Software

What it is

PowerFAIDS is a cloud system for automating financial-aid tasks in institutional offices. Staff can maintain student records using CSV files or APIs, create custom reports, and generate logged emails and letters to students and parents. Award packaging can be done individually or in batches, with simulations and adjustable parameters. The system automates Pell and TEACH Grant processing, including Return to Title IV, and supports the federal loan lifecycle. It performs Federal Methodology and College Board Institutional Methodology calculations, supports CSS Profile and IDOC processing, and can create and track financial-aid funds. Data exchange options include CSV import, automated file exchange, REST API and custom report extracts. Students can use the Net Partner web portal to access and manage aid information. The maker describes security on Amazon Web Services, automatic maintenance and updates. Implementation is included at no additional cost and takes approximately 12 weeks; unlimited training and support are also included at no additional cost. Pricing is on request.

Spec sheet

Purpose
PowerFAIDS automates financial aid tasks for institutional financial aid offices.Read 30 Sep 2026 · powerfaids.collegeboard.org
Integrations
Data exchange options include CSV import, automated file exchange, REST API, and custom report extracts.Read 30 Sep 2026 · powerfaids.collegeboard.org
Security
The product flyer states that PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.Read 30 Sep 2026 · powerfaids.collegeboard.org
Support
PowerFAIDS provides unlimited training and support at no additional cost, including courses, videos, help articles, forums, and free annual-conference admission.Read 30 Sep 2026 · powerfaids.collegeboard.org
Headquarters
College Board has two main offices in New York, New York, and Reston, Virginia.Read 30 Sep 2026 · about.collegeboard.org
Founded
College Board was founded in 1900.Read 30 Sep 2026 · secure-media.collegeboard.org
Maker
College Board describes itself as a not-for-profit membership organization founded more than 120 years ago.Read 30 Sep 2026 · about.collegeboard.org
Award packaging
Staff can package awards individually or in batches, simulate outcomes, and adjust parameters.Read 30 Sep 2026 · powerfaids.collegeboard.org
Communications
The system can generate emails and letters to students and parents and log those communications.Read 30 Sep 2026 · powerfaids.collegeboard.org
CSS Profile and IDOC
PowerFAIDS supports CSS Profile and Institutional Methodology processing and connects to the College Board's IDOC service.Read 30 Sep 2026 · powerfaids.collegeboard.org
Data privacy
College Board states that, except as permitted by FERPA and other applicable laws, it does not use institution-input data or personally identifiable information for its own purposes.Read 30 Sep 2026 · privacy.collegeboard.org
Federal aid
PowerFAIDS automates Pell and TEACH Grant processing, including Return to Title IV, and supports the federal loan lifecycle.Read 30 Sep 2026 · powerfaids.collegeboard.org
Fund management
It supports creating and tracking an unlimited number of financial-aid funds.Read 30 Sep 2026 · powerfaids.collegeboard.org
Implementation
Implementation is included at no additional cost and is led by an onboarding specialist; setup takes approximately 12 weeks.Read 30 Sep 2026 · powerfaids.collegeboard.org
Institutions served
The product site says more than 600 institutions use PowerFAIDS, including community colleges, public four-year institutions, professional schools, and one-person financial-aid offices.Read 30 Sep 2026 · powerfaids.collegeboard.org
Need analysis
It performs Federal Methodology and College Board Institutional Methodology calculations through the Institutional Need Analysis System.Read 30 Sep 2026 · powerfaids.collegeboard.org
Pricing
The maker's pages opened for this research do not state a product price and direct prospective customers to schedule a consultation.Read 30 Sep 2026 · powerfaids.collegeboard.org
Reports
Users can create custom reports, and PowerFAIDS supports FISAP, IPEDS, and the Common Data Set survey.Read 30 Sep 2026 · powerfaids.collegeboard.org
Security and hosting
The maker's product flyer says PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.Read 30 Sep 2026 · powerfaids.collegeboard.org
Student portal
Net Partner is a web portal where students can securely access and manage financial aid information online.Read 30 Sep 2026 · powerfaids.collegeboard.org
Student records
Staff can maintain student records using CSV files or APIs.Read 30 Sep 2026 · powerfaids.collegeboard.org
Training and support
The maker offers unlimited training and support at no additional cost, including self-guided courses, videos, articles, and community forums.Read 30 Sep 2026 · powerfaids.collegeboard.org
Who it serves
The maker says PowerFAIDS serves institutions including community colleges, public four-year schools, professional schools, and institutions with nontraditional programs.Read 30 Sep 2026 · powerfaids.collegeboard.org

Plans and prices

PowerFAIDS Priced on request Pricing on request Read 30 Sep 2026 · itechguides.com

Every PowerFAIDS plan and price →

Strong points and limits

Strong points

  • Packages awards individually or in batches.
  • Supports federal aid processing and loan lifecycle.
  • Net Partner gives students online access to aid information.
  • Implementation and unlimited support are included at no additional cost.

Limits

  • Pricing is on request.
  • Implementation takes approximately 12 weeks.

Who it suits

PowerFAIDS suits institutional financial-aid offices, including community colleges, public four-year schools, professional schools and institutions with nontraditional programs. Its tools also cover one-person financial-aid offices.

Verdict

PowerFAIDS covers student records, aid calculations, award packaging, reporting and student access for institutional offices. Prospective customers will need to request pricing and account for the stated implementation period.

Where Specifiction places it

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