Jenzabar Product Sheet: Financial Aid

Jenzabar Financial Aid

Provide faster, smarter financial aid service

The number of graduating high school students is declining, resulting in increased competition among higher education programs. Financial aid has become a deciding factor for many students, making it critical to the success of your institution. Getting your award package in the hands of a potential student first could mean the difference between meeting your enrollment goal or missing it. Gain a critical competitive advantage by sending out compliant, accurate award packages faster than your peers with Jenzabar® Financial Aid.

Jenzabar Financial Aid automates your entire financial aid process and eliminates hours of tedious paperwork. Your staff can spend their time helping students (not pushing paper).

At a Glance

Jenzabar Financial Aid is a state of-the-art automation, packaging, and reporting system for higher education financial aid. Beat the competition and send out your award packages faster with built-in automation. Put together the best award packages for your students with reliable, exact information. Your monthly reconciliation is done in one click. Easily connect your student information system and the Federal Common Origination and Disbursement (COD) System (Pell and Direct Loan).

Advantages

  • Group processing
  • Direct data imports from the Department of Education
  • Manage Funds to and from the COD system
  • Flexibility to award using federal or institutional methodologies
  • Touch Points workflow management system
  • Real-time data
  • Automatic Cost of Attendance recalculation

Put together the best award packages for your students with reliable, exact information. Your monthly reconciliation is done in one click.

Group Processing

Find students easily without having to compare multiple reports. Process multiple student awards in half the time with a simple criteria selection to define groups of students and award functions. In addition, staff can add and track comments and student groups for auditing purposes.

Simplified Disbursement Processing

Keep information between your Financial Aid office and student billing updated and accurate. With an easy integration process, all data changes are tracked and notifications are automatically sent to each user, making reconciliation simple—both at the end of each month and when closing out the award year.

Unmatched Flexibility

Give your team the ability to award multiple program types, including traditional, competency-based education, sub-sessions, and more. Using various awarding methodologies, including federal and institutional, maximizes institutional flexibility. The state-of-the-art built automation, packaging, and reporting increases your productivity and gives your staff the information and tools needed to manage federal aid requirements.

Easy System Setup

Jenzabar Financial Aid’s flexible system set-up means your staff will be up and running with minimal assistance from your IT department. This allows your team to spend more time focusing on working directly with students and less time deploying a new solution.

Future Ready: Your Competitive Edge

Jenzabar Financial Aid is built for the future. Developed in partnership with clients of all sizes and types, Jenzabar Financial Aid is user-centric and tailored for what you need now, what’s on the horizon, and where financial aid will go in the future.

  • Fund management to/from Common Origination and Disbursement (COD) system
  • Group processing
  • Withdrawal calculator, including R2T4 calculations
  • Process and troubleshoot Title IV aid
  • One-click monthly reconciliation
  • Flexible payment period options (term, module, sub-session)
  • Automatic Cost of Attendance (COA) recalculation
  • Flexible disbursement processing for traditional, CBE, and nontraditional students
  • Touch Points daily work queue management system
  • Intuitive, user-friendly interface
  • API and web service information sharing
  • Easy system set-up

Video: Financial Aid Overview

Contact Us

Jenzabar, Inc.
101 Huntington Ave Suite 2200
Boston, MA 02199
+1. 617.492.9099