Best Financial Aid Software

FACTS Financial Aid Management

FACTS Grant & Aid Assessment is a comprehensive solution designed to simplify and enhance the financial aid process for K-12 schools. This software solution provides school administrators with flexible tools to manage various aspects of financial aid, from application analysis to the awarding of aid. By ensuring a thorough understanding of each family's financial situation, FACTS Grant & Aid Assessment streamlines administrative tasks while also offering families an accessible and user-friendly application experience. The target audience for FACTS Grant & Aid Assessment includes K-12 school administrators and families seeking financial assistance for education. The platform is particularly beneficial for schools that aim to provide equitable financial aid to families in need. It caters to a diverse range of use cases, such as managing scholarship applications, conducting financial assessments, and integrating financial aid with tuition management systems. This versatility allows schools to tailor their approach to financial aid, ensuring that they can meet the specific needs of their communities. Key features of FACTS Grant & Aid Assessment include customized applications, which allow schools to tailor questions to gather relevant information specific to their requirements. The system conducts a comprehensive financial review, analyzing family finances through detailed tax form assessments and business income evaluations, and now, IRS Integration. This direct data connection ensures even greater accuracy and verification, helping schools make informed, confident awarding decisions. This thorough analysis ensures that financial aid is allocated accurately and fairly. Furthermore, the platform integrates seamlessly with FACTS Tuition Management, enabling automatic application of financial aid awards to tuition payment plans. This integration reduces administrative effort and ensures that tuition bills accurately reflect the approved aid. The family-friendly application process is another significant advantage of FACTS Grant & Aid Assessment. The platform offers a centralized, mobile-responsive application that families can complete from any device, making it easier for them to apply for financial aid. With IRS Integration, eligible families can choose to securely transfer their tax information directly from the IRS, eliminating the need to upload documents manually. Applicants receive ongoing updates on their application's progress and can apply to multiple schools with a single application fee per household per year. This streamlined process not only enhances user experience but also encourages more families to seek assistance. In addition to its robust features, FACTS Grant & Aid Assessment is backed by industry-leading security measures, which are continuously updated and optimized by a dedicated cybersecurity team. This commitment to data protection ensures that sensitive information remains secure. Coupled with dedicated customer service and over 35 years of experience in the K-12 education sector, FACTS Grant & Aid Assessment has earned the trust of over 12,000 schools, making it a reliable choice for enhancing the financial aid experience in education.

Average Rating: 4.5/5.0

Total Reviews: 39

Ellucian Student

Ellucian Student is higher ed’s complete solution that powers the end-to-end student lifecycle. Together, Student, HCM, and Finance operate as one AI-native platform, aligning people, resources, and decisions around a single vision: to unlock learning for all. Purpose-Built for Higher Education, Ellucian Student brings together key capabilities in one connected experience: *Recruiting & Admissions — Engage prospective students earlier and simplify enrollment *Student Aid — Reduce financial friction with personalized aid experiences *Student Success — Keep learners on track with AI-guided planning and advising *Lifelong Learning — Connect learning to workforce outcomes with flexible credential pathways *Advancement — Strengthen alumni and donor engagement Built SaaS-native and powered by AI trained on the richest dataset in higher education, Ellucian Student helps institutions improve outcomes and adapt to evolving learner needs.

Average Rating: 3.4/5.0

Total Reviews: 261

Workday Student

Workday Student elevates student experience and empowers staff with responsible, AI-powered agility and insights. The solution guides learners by helping them find and stay on their educational pathway, seamlessly surfacing real-time information about their courses, their finances, and their path to graduation. The cloud-based solution includes student recruitment and admissions, curriculum management, student record and enrollment management, and financial aid and tuition management. As part of the Workday platform, the solution provides an intuitive user experience for the campus community across all of their roles. For example, students register for classes in the same system they use to enter the hours worked for their campus job, and faculty enter grades in the same system they use to view financial information about their grants or select their employee benefits.

Average Rating: 4.0/5.0

Total Reviews: 55

Ellucian Student Aid Bundle

Financial uncertainty remains one of the biggest barriers to student success. Student Aid capabilities in Ellucian Student help institutions simplify aid delivery, improve transparency, and connect students with the resources they need to stay enrolled and on track. Designed for the complexity of higher education funding, Student Aid helps institutions create a more personalized and accessible financial aid experience while reducing administrative burden. Capabilities include scholarship management, student aid document collection, personalized student aid communications, and the AI Virtual Student Assistant. Working across the end-to-end student lifecycle, Student Aid helps institutions reduce financial friction, improve access to funding opportunities, and support stronger enrollment, retention, and completion outcomes.

Average Rating: 4.3/5.0

Total Reviews: 3

Blackbaud Financial Aid Management

"Expand student access and streamline awarding with financial aid software that connects with your enrollment and tuition systems. Blackbaud Financial Aid Management helps you streamline your financial aid process with customizable application and calculation settings, comprehensive reporting for recommended award amounts, automated verification and review processes, and a dedicated document review team to reduce your workload. Best of all, when part of Blackbaud’s Total School Solution, families can use the same login from initial inquiry through enrollment, applying for and accepting financial aid, and making tuition payments. Plus, completed enrollment contracts automatically provision family accounts in your subsidiary ledger, eliminating imports/exports, manual data entry, and a significant amount of time. Blackbaud Financial Aid Management helps schools confidently make financial aid award decisions and simplify the application process."

Average Rating: 5.0/5.0

Total Reviews: 2

EMPOWER SIS

EMPOWER is your complete campus management solution. Synchronize, control and effectively use your school's data with the best software, service and value.

Average Rating: 4.3/5.0

Total Reviews: 2

FAME Financial Aid

With 45+ years of experience in Title IV and school operations, Fame has the knowledge and resources available to keep your school compliant with the latest accreditation regulations. Our unmatched user experience will simplify processes for teachers, administrators, and staff so they can elevate school workflows to allow for higher engagement, productivity, and financial aid assistance.

Average Rating: 3.8/5.0

Total Reviews: 2

Regent Award

Regent Award is a comprehensive software-as-a-service solution that automates the entire financial aid lifecycle. Regent Award affords institutions the academic flexibility to meet the needs of all students by offering innovative enrollment and education models at scale.

Average Rating: 1.5/5.0

Total Reviews: 1

SimpleApply Net Price Calculator

SimpleApply is a resource for Online Admission Applications, Net Price Calculators and custom Section 508 compliant forms, specialized in Higher Education, K-12, Health Care, Government, and Nonprofit markets.

Average Rating: 3.5/5.0

Total Reviews: 1

Bukas

Bukas is an education financing platform dedicated to making higher education more accessible and affordable for Filipino students. By partnering with leading colleges and universities across the Philippines, Bukas offers flexible tuition installment plans that allow students to pay their tuition fees in manageable monthly payments. Since its inception in 2019, Bukas has supported over 15,000 students across 90 partner campuses nationwide, funding more than P500 million in tuition fees. Key Features and Functionality: - Flexible Installment Plans: Students can choose to pay their tuition fees over 3, 6, 9, or 12 months, depending on their financial capacity. - Affordable Interest Rates: Bukas offers competitive interest rates, making education financing more accessible. - Wide Network of Partner Schools: Collaborations with over 90 educational institutions nationwide, including De La Salle University, Mapua University, and Far Eastern University, ensure students have access to quality education. - User-Friendly Online Application: The entire loan application process is conducted online, providing a hassle-free experience with approvals as quick as 3 to 5 working days. - Multiple Payment Channels: Repayments can be made through various convenient channels, including GCash, PayMaya, UnionBank, Bayad Center, 7-Eleven stores, and over 3,000 DragonPay partner locations. Primary Value and User Solutions: Bukas addresses the financial barriers that often hinder Filipino students from pursuing higher education. By providing flexible and affordable tuition installment plans, Bukas enables students to focus on their studies without the stress of immediate full tuition payments. This support system not only facilitates academic continuity but also empowers students to achieve their educational and career aspirations, contributing to a brighter future for themselves and their families.

Eduquette

Eduquette is a leader in providing web-based school management system that is comprehensive and capable of processing financial aid.

Regent Access

While US and eligible non-citizens typically apply for state aid using the online FAFSA, undocumented students typically have to download, print, complete, and submit paper-based applications. This manual process creates a barrier to enrollment, results in an inefficient use of staff, and delivers sub-optimal responsiveness to applicants. Regent Access automates and simplifies this process, making it easier for undocumented students to apply for state aid, minimize the time and resources required to process applications, and improve the student experience – enabling these students to be one step closer to attaining a higher education degree.

Regent Review

Regent Review streamlines, simplifies and shortens the verification process which improves the institution’s Title IV regulatory compliance, reduces processing times, and abbreviates this often frustrating and time-consuming step for students and parents.

SchooliP

A fully integrated web-based system with automated student financial aid processing and a virtual office.

Tuition.io

Combat wage inflation with cost-effective methods to attract, retain, and develop talent through tax-advantaged benefits that help employees (and family members) navigate the ever increasing cost of education and the corresponding student loan debt. Tuition.io administers a wide range of Education Assistance Benefits for >350 of the nation's largest health systems, school systems, government entities, and F500 employers. Their enterprise solutions include: Student Loan Wellness: Guided interface that optimizes employees' student loan repayment strategies -- uncovering an average of $200/month in dormant savings that help fuel retirement, emergencies, family goals, daily necessities and financial wellbeing as a whole. Public Service Loan Forgiveness: Get AND keep employees on track for government-funded loan forgiveness, tie their ongoing employment to large sums of loan forgiveness, and cut administrative costs by digitizing/automating the PSLF form filing process. Student Loan Contributions: Attract and retain talent by making tax-exempt contributions to employees’ student loan debt, immediately easing their financial concerns. Engage some or all of the workforce, while creating fixed, tiered, matched, and/or calculated contribution amounts that cater to the needs of your employees. Secure 2.0 Retirement Match: Leverage student loan payments as a mechanism to boost retirement savings through an employer match. Tuition Assistance: From foundational learning (GED, ESL, etc.) to traditional learning (Degrees) to everything in between (Trades, Scholarships, etc.), automate the administration of Tuition Assistance benefits, while strategically tying education spend to workforce objectives in a way that prevents overspend and poor educational outcomes. For more information, visit https://www.tuition.io/