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Ellucian PowerCampus Financial Aid vs ProSAM Solution Suite

Ellucian PowerCampus Financial Aid

ellucian.com

ProSAM Solution Suite

sigmasys.com

Side by side

FigureEllucian PowerCampus Financial AidProSAM Solution Suite
Price from——
Free plan——
Free trial——
Open source——
WebYesYes
WindowsYesYes
Linux—Yes
Self-hosted—Yes
Plans published11
Spec score · Financial Aid Management Software7.6 (#7)7.4 (#11)
Company historyEllucian says its history dates to 1968 and that the company was formed in 2012 through the merger of Datatel and SunGard Higher Education.Sigma Systems says it was founded in 1965 and has produced student financial applications for higher education for over half a century.
Founded19861965
HeadquartersReston, Virginia, United StatesCentennial, Colorado, United States
PurposePowerCampus Financial Aid is a customizable system that automates financial aid processing and is designed to help institutions manage aid and meet federal requirements.ProSAM is a financial aid management solution tailored for post-secondary educational institutions.
SupportEllucian offers support through its Customer Center and by phone; access to support cases and downloads requires institution approval and an active maintenance agreement.Standard support hours are Monday through Friday, 7:00 a.m. to 7:00 p.m. Eastern Time; weekends are closed.

Plans

Ellucian PowerCampus Financial Aid

  • Ellucian PowerCampus Financial AidPriced on request

Ellucian PowerCampus Financial Aid pricing →

ProSAM Solution Suite

  • ProSAM Solution SuitePriced on request

ProSAM Solution Suite pricing →

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.

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ProSAM Solution Suite

ProSAM Solution Suite is a financial aid management system for post-secondary educational institutions. It handles individual cases as well as volume processing, with a packaging engine for term, annual and aggregate limits, automated repackaging, BBAY Federal Loan awarding and Return to Title IV funds. Built-in exchange support covers ISIR, Electronic Corrections, COD Common Record and Reports, NSLDS layouts and CSS Profile. Integration Services supports near-real-time student data loading and real-time posting of authorized disbursements to student accounting systems that support XML exchange. The suite also integrates with student information and student accounts receivable systems. Institutions can configure business rules and group security settings, and use enterprise single sign-on, Microsoft Active Directory or LDAP. ProSAM records changes with before-and-after snapshots and searchable online logs. It can generate branded XML letters and send communications by email or text. Sigma describes it as platform-independent across hosting environments, operating systems and database management software, without naming specific supported systems. Pricing is on request.

Visit sigmasys.com