Financial Aid

Financial aid management that’s graduated to the next level.

Designed to simplify the complex world of financial aid, Workday applications are built to serve both your school and your student.

Identify specific student populations and take action.

Monitor at-risk indicators in unmet financial need reports.

Analyze financial aid awards by program of study.

Workday Student Financial Aid
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Manage more programs in less time.

Manage all kinds of programs, from federal, state, and institutional aid to private fund sources.

  • Automate financial aid processes, such as cost of attendance, packaging, and verification.
  • Package and repackage financial aid using unique institutional configurations.
  • Assign action items to verify ISIR-related data and change a student’s verification status.
  • Configure rule sets to automatically respond when a student’s data changes.

 

 

Give students the aid they need.

Workday Student Financial Aid accommodates all kinds of packages, including need-based, merit, and graduate student support.

  • Use the student's ISIR to determine eligibility for need-based financial support.
  • Calculate merit aid or graduate support programs using admissions profile and financial aid data.
  • Send automated notifications, alerts, and reminders.
  • Offer third-party access to view financial aid, make a payment on a student account, and view account activities.

 

Simplify compliance with automatic updates.

Spend more time on student success and less on updating system requirements. With Workday, you can automatically maintain regulatory updates related to ISIR files, Pell Grant tables, and Common Origination and Disbursement (COD) files.