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SPECIFICTION
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ApolloSRM Financial Aid vs PowerFAIDS

ApolloSRM Financial Aid

apollosrm.com

PowerFAIDS

powerfaids.collegeboard.org

Side by side

FigureApolloSRM Financial AidPowerFAIDS
Price from——
Free plan——
Free trial——
Open source——
WebYesYes
APIYesYes
Plans published11
Spec score · Financial Aid Management Software7.3 (#12)7.5 (#10)
SecurityApolloSRM says it uses encryption in transit and at rest, least-privilege access controls, tenant isolation, and administrative audit trails, and maintains a SOC 2-aligned security program.The product flyer states that PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.
SupportThe company says a human replies to demo requests within one business day to schedule a guided demo.PowerFAIDS provides unlimited training and support at no additional cost, including courses, videos, help articles, forums, and free annual-conference admission.

Plans

ApolloSRM Financial Aid

  • Institution-specific pricingPriced on request

ApolloSRM Financial Aid pricing →

PowerFAIDS

  • PowerFAIDSPriced on request

PowerFAIDS pricing →

In their own words

ApolloSRM Financial Aid

ApolloSRM Financial Aid has no write-up on Specifiction yet; its figures are above.

Visit apollosrm.com

PowerFAIDS

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.

Visit powerfaids.collegeboard.org