Financial Aid

Financial aid management that benefits everyone.

Giving your students the help they need shouldn’t be hard. Workday has redesigned financial aid management to make it easier for you and your student to navigate financial aid.

Filter dashboards to identify specific student populations and take immediate action.

Continuously monitor at-risk indicators in unmet financial need report.

Analyze financial aid awards by program of study.

Workday Student Financial Aid
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Manage more in less time.

Easily manage all kinds of programs, ranging 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.
  • Allow students and their parents to update and view information and take action when needed.

 

 

Flexibly package financial aid.

Provide your students with the right aid to meet their needs. 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.
  • Quickly calculate merit aid or graduate support programs using admissions profile and financial aid application data.
  • Keep students informed with automated notifications, alerts, and reminders.
  • Improve your financial aid programs and enrollment yields by using student recruiting and admissions data.

 

 

Streamline compliance.

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