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EDExpress vs PowerFAIDS

EDExpress

fsapartners.ed.gov

PowerFAIDS

powerfaids.collegeboard.org

Side by side

FigureEDExpressPowerFAIDS
Price fromFree—
Free planYes—
Free trial——
Open source——
Web—Yes
WindowsYes—
API—Yes
Plans published11
Spec score · Financial Aid Management Software7.7 (#5)7.5 (#10)
PurposeEDExpress is a PC application that processes, packages, and manages Title IV student financial aid records.PowerFAIDS automates financial aid tasks for institutional financial aid offices.
SecurityFor EDExpress 2027–28, the Department says organizations must properly secure the SQL Server environment hosting student data and notes that SQL Server Express has limited security features compared with Standard or Enterprise.The product flyer states that PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.
SupportThe FPS Help Desk supports EDExpress by phone at 800-330-5947 and email at [email protected], with listed office hours of 8 a.m. to 8 p.m. Eastern, Monday through Friday.PowerFAIDS provides unlimited training and support at no additional cost, including courses, videos, help articles, forums, and free annual-conference admission.

Plans

EDExpress

  • EDExpress for WindowsFree

EDExpress pricing →

PowerFAIDS

  • PowerFAIDSPriced on request

PowerFAIDS pricing →

In their own words

EDExpress

EDExpress is a Windows PC application provided at no charge to institutions processing Title IV student financial aid records. It handles Institutional Student Information Record data and supports packaging and management of aid records. For Common Origination and Disbursement workflows, it builds the required XML Common Record file, allows users to create or modify submitted records, imports responses, and provides reports. An automated comparison tool helps reconcile Federal Pell Grant School Account Statements against school data and identify discrepancies. The 2027–28 release includes Global, Application Processing, Packaging, and College Financing Plan functionality. In Release 1.0, Packaging and College Financing Plan are optional; Global and Application Processing install automatically. The software requires Microsoft SQL Server 2019 or newer, does not support other database systems, and does not install SQL Server. Office workstations can connect to a shared database in an organization's SQL Server environment. The Department offers the software as a single-file full download, with installation guidance in its Windows Installation Guide.

Visit fsapartners.ed.gov

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