The College Board partners with Jenzabar to provide PowerFAIDS® as a Financial Aid module option to users of Jenzabar’s ERP software systems. This powerful software combines a broad range of data processing services into a single, easily manageable solution. PowerFAIDS manages federal aid requirements and institutional aid programs and objectives, and gives financial aid staff the information and tools they need to provide smarter, faster service to applicants.
PowerFAIDS automates the entire aid process and eliminates hours of tedious paperwork. It manages student eligibility, verification, Pell Grant management, award packaging, loan origination, reporting and research. The latest federal rules are programmed into the software so users are always compliant with federal regulations.