Collēgix Financial Aid vs Portico CORE

Collēgix Financial Aid is a web system for managing financial aid from application through disbursement. It is designed for small to mid-sized colleges and universities. Award workflows can attach ISIR records to student files, send real-time admissions alerts, apply standard federal or custom institutional packaging rules, configure student budgets, and support award scenario planning. Students use a self-service portal to check requirements and status, submit documents securely, accept or decline awards, and review previous award packages. The product connects with the COD system for ISIR, award, and loan processing. Approved awards can post to student accounts, while loan balances can move into payables for checks or direct deposit. Reports cover student, program, and fund data, including FISAP and IPEDS. Collēgix coordinates with Admissions, Registrar, Student Accounts, and Disbursements, and supports Collēgix SIS and third-party integrations. It is available in the cloud or on premises. Pricing is on request.

Portico CORE is the financial aid component of Portico Financial Aid, designed to automate processing and support compliance for career schools. Its workflows import ISIRs, verify documents, package awards, process disbursements, and track them without manual re-entry. CORE identifies applicable loan limits and applies grandfathering logic based on packaging and expected graduation dates. It also offers loan controls by program, tracks enrollment transitions, and reassesses loans automatically when enrollment thresholds are crossed. The web-based software runs in the cloud and requires no installation. It connects with Department of Education systems including COD, NSLDS, and Clearinghouse, and supports links to most SIS/ERP platforms through API or FTP. Listed SIS integrations include Anthology, Orbund, Verity, Maestro, Diamond, CampusLogin, and Populi; Stars supports exports only. Portico says its financial aid software is regularly updated to align with federal, state, and institutional policies and includes audit-ready reporting. Schools may use the software in-house or request managed services and project support. Pricing is on request and per-student, scaling with the school.