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Ellucian Banner Financial Aid

Empower student success with a comprehensive financial aid solution.

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Overview

Ellucian Banner Financial Aid is a comprehensive financial aid management system designed for higher education institutions. As part of the integrated Banner ERP, it helps institutions manage the entire financial aid lifecycle, from application and packaging to disbursement and reporting. It is designed to handle the complexities of federal and institutional aid, ensuring compliance and improving operational efficiency.

✨ Key Features

  • Financial Aid Packaging and Awarding
  • Needs Analysis
  • Return to Title IV (R2T4) Processing
  • Student Self-Service
  • Federal and State Reporting
  • Scholarship Management
  • Integration with Banner Student and Finance

🎯 Key Differentiators

  • Deep integration with the broader Ellucian Banner ecosystem
  • Long-standing presence and expertise in the higher education market

Unique Value: Provides a deeply integrated and comprehensive financial aid management experience for institutions already using the Ellucian Banner student information system.

🎯 Use Cases (3)

Managing financial aid for large, complex institutions Ensuring regulatory compliance for federal and state aid Providing a seamless financial aid experience within the Banner ecosystem

✅ Best For

  • Comprehensive financial aid management for universities and colleges using the Banner SIS

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Institutions not using the Ellucian Banner ecosystem
  • Very small schools with basic financial aid needs

🏆 Alternatives

Jenzabar Oracle (PeopleSoft) Workday Student

Offers a more unified experience for Banner users compared to third-party financial aid solutions that require more complex integrations.

💻 Platforms

Web API

🔌 Integrations

Ellucian Banner Student Ellucian Banner Finance Ellucian CRM Recruit Common Origination and Disbursement (COD) API

🛟 Support Options

  • ✓ Email Support
  • ✓ Live Chat
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise tier)

🔒 Compliance & Security

✓ SOC 2 ✓ HIPAA ✓ BAA Available ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ FERPA

💰 Pricing

Contact for pricing

Free tier: N/A

Visit Ellucian Banner Financial Aid Website →