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PowerFAIDS
College Board has two main offices in New York, New York, and Reston, Virginia.
What it is
PowerFAIDS is a cloud system that automates financial-aid work for institutional offices. Staff can maintain student records through CSV files or APIs, create custom reports, and send logged emails and letters to students and parents. Award packaging can be handled individually or in batches, with outcome simulations and adjustable parameters. The system automates Pell and TEACH Grant processing, including Return to Title IV, and supports the federal loan lifecycle.
PowerFAIDS performs Federal Methodology and College Board Institutional Methodology calculations, supports CSS Profile and IDOC processing, and lets offices create and track funds. Data exchange options include CSV imports, 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 with automatic maintenance and updates. Implementation is included at no additional cost and takes approximately 12 weeks; unlimited training and support are also included. Pricing is on request.
For and against
For
- Supports award packaging individually or in batches.
- Automates Pell and TEACH Grant processing.
- Net Partner gives students online access to aid information.
- Implementation and unlimited support are included at no additional cost.
Against
- Pricing is available on request.
- Implementation takes approximately 12 weeks.
The verdict
PowerFAIDS combines aid processing, award workflows, reporting, and student access in a cloud system for institutions. Prospective customers need to request pricing and account for the stated implementation period.
Who it suits
PowerFAIDS is aimed at institutional financial-aid offices, including community colleges, public four-year schools, professional schools, and offices serving nontraditional programs. Its reporting, award packaging, and federal aid workflows may suit offices handling those tasks.
Plans and prices
PowerFAIDS
Pricing on request
Read 30 Sep 2026 · itechguides.com
On the record
- Award packaging
- Staff can package awards individually or in batches, simulate outcomes, and adjust parameters.powerfaids.collegeboard.org · read 30 Sep 2026
- Communications
- The system can generate emails and letters to students and parents and log those communications.powerfaids.collegeboard.org · read 30 Sep 2026
- CSS Profile and IDOC
- PowerFAIDS supports CSS Profile and Institutional Methodology processing and connects to the College Board's IDOC service.powerfaids.collegeboard.org · read 30 Sep 2026
- Data privacy
- College Board states that, except as permitted by FERPA and other applicable laws, it does not use institution-input data or personally identifiable information for its own purposes.privacy.collegeboard.org · read 30 Sep 2026
- Federal aid
- PowerFAIDS automates Pell and TEACH Grant processing, including Return to Title IV, and supports the federal loan lifecycle.powerfaids.collegeboard.org · read 30 Sep 2026
- Fund management
- It supports creating and tracking an unlimited number of financial-aid funds.powerfaids.collegeboard.org · read 30 Sep 2026
- Implementation
- Implementation is included at no additional cost and is led by an onboarding specialist; setup takes approximately 12 weeks.powerfaids.collegeboard.org · read 30 Sep 2026
- Institutions served
- The product site says more than 600 institutions use PowerFAIDS, including community colleges, public four-year institutions, professional schools, and one-person financial-aid offices.powerfaids.collegeboard.org · read 30 Sep 2026
- Integrations
- Data exchange options include CSV import, automated file exchange, REST API, and custom report extracts.powerfaids.collegeboard.org · read 30 Sep 2026
- Maker
- College Board describes itself as a not-for-profit membership organization founded more than 120 years ago.about.collegeboard.org · read 30 Sep 2026
- Need analysis
- It performs Federal Methodology and College Board Institutional Methodology calculations through the Institutional Need Analysis System.powerfaids.collegeboard.org · read 30 Sep 2026
- Pricing
- The maker's pages opened for this research do not state a product price and direct prospective customers to schedule a consultation.powerfaids.collegeboard.org · read 30 Sep 2026
- Purpose
- PowerFAIDS automates financial aid tasks for institutional financial aid offices.powerfaids.collegeboard.org · read 30 Sep 2026
- Reports
- Users can create custom reports, and PowerFAIDS supports FISAP, IPEDS, and the Common Data Set survey.powerfaids.collegeboard.org · read 30 Sep 2026
- Security
- The product flyer states that PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.powerfaids.collegeboard.org · read 30 Sep 2026
- Security and hosting
- The maker's product flyer says PowerFAIDS uses industry-standard security on Amazon Web Services and receives automatic maintenance and updates.powerfaids.collegeboard.org · read 30 Sep 2026
- Student portal
- Net Partner is a web portal where students can securely access and manage financial aid information online.powerfaids.collegeboard.org · read 30 Sep 2026
- Student records
- Staff can maintain student records using CSV files or APIs.powerfaids.collegeboard.org · read 30 Sep 2026
