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Datatel Colleague Financial Aid
Tuition increases and budget cuts impact every department on campus – including Financial Aid. As tuition increases, so do the number of applicants seeking financial aid assistance to attend your institution. Datatel Colleague Financial Aid helps your financial aid department manage this increase, while maintaining high levels of quality counseling.
Colleague Financial Aid facilitates the application aid process and ensures full compliance with regulatory mandates. As the leader on regulatory compliance, Datatel is first to deliver regulatory and federal updates, allowing you to send out your financial aid packages before other institutions. Full compliance also means fewer audit findings.
Colleague Financial Aid provides seamless access to all critical student demographic and institutional information for rapid and trouble-free development of financial aid packages.
Key Features of Colleague Financial Aid:
- Full Self-service Options for Students
- Data Exchange with Department of Education – FAFSA, Pell Payment, FFELP, and Direct Loan Data
- Auto-Packaging Module
- CommonLine Functionality
- Dynamic Award Recalculation
- Automated Return of Title IV Funds Functionality
- Satisfactory Academic Progress Calculator