CoreCampus Financial Aid vs Ellucian PowerCampus Financial Aid

CoreCampus Financial Aid is a cloud service that manages aid packaging, disbursement, loans, compliance reporting, and student communication through a connected student information system. It handles federal, state, institutional, and private aid. Teams can prepare award packages and letters, originate loans, track disbursements, reconcile them, and follow Master Promissory Note, entrance-counseling, and exit-counseling status. Document collection and reminders support missing information. Compliance workflows include SAP, 1098-T, IPEDS, FISAP, 90/10, enrollment reporting, and National Student Clearinghouse reporting. The service supports LDAP and SAML, unlimited user groups, and access restrictions by module, screen, or field. Open API connections and integrations cover billing, LMS, finance, email, reporting, document management, CRM, and other higher-education tools. Delivery is through the cloud with upgrades, updates, and security patches handled without customer IT involvement. Pricing is on request, based on average annual full-time equivalent students, with an all-inclusive monthly fee.

Ellucian PowerCampus Financial Aid automates financial aid processing for educational institutions and is designed to help them manage aid and meet federal requirements. The customizable system uses College Board PowerFAIDS and can track applications, maintain student records, calculate budgets, analyze need, and prepare individual or batch award packages. It can process and disburse funds, handle federal data, and generate financial aid emails, letters and customized reports. Compliance support includes processing ISIR and College Board CSSProfile data, FISAP reporting, FM Calculation, Pell Schedule updates and NSLDS transfer monitoring updates; Ellucian also lists PowerCampus support for 1098-T tuition statement reporting. Students can use the companion PowerFAIDS Net Partner portal to update profiles, accept or decline awards, and view application status, awards, messages and aid information. Ellucian describes web-enabled access on a Microsoft platform and lists cloud deployment. The product is aimed at small to mid-sized colleges and universities. Pricing is available on request.