Ellucian PowerCampus Financial Aid vs PowerFAIDS
Ellucian PowerCampus Financial Aid
ellucian.com
PowerFAIDS
powerfaids.collegeboard.orgSide by side
| Figure | Ellucian PowerCampus Financial Aid | PowerFAIDS |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| API | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Financial Aid Management Software | 7.6 (#7) | 7.5 (#10) |
| Founded | 1986 | College Board was founded in 1900. |
| Headquarters | Reston, Virginia, United States | College Board has two main offices in New York, New York, and Reston, Virginia. |
| Purpose | PowerCampus Financial Aid is a customizable system that automates financial aid processing and is designed to help institutions manage aid and meet federal requirements. | PowerFAIDS automates financial aid tasks for institutional financial aid offices. |
| Security | Ellucian says its cloud services are ISO 27001:2022 certified and undergo annual SOC audits, with SOC reports available to customers. | The product flyer states that PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates. |
| Student portal | PowerFAIDS Net Partner is described as a companion portal through which students can update profiles, accept or decline awards, and view application status, awards, messages, and aid information. | Net Partner is a web portal where students can securely access and manage financial aid information online. |
| Support | Ellucian offers support through its Customer Center and by phone; access to support cases and downloads requires institution approval and an active maintenance agreement. | PowerFAIDS provides unlimited training and support at no additional cost, including courses, videos, help articles, forums, and free annual-conference admission. |
Plans
Ellucian PowerCampus Financial Aid
- Ellucian PowerCampus Financial AidPriced on request
In their own words
Ellucian PowerCampus 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.
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.