Ellucian PowerCampus Financial Aid vs Jenzabar Financial Aid

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.

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