NASFAA Constituent Member News

[The following is a news release issued by The College Board.]

Faulkner University Now Live with College Board's PowerFAIDS Financial Aid System

RESTON, Va. - The College Board announced today that Faulkner University of Montgomery, Alabama, has completed their implementation and gone into production with PowerFAIDS, the comprehensive financial aid system used by more than 550 institutions.

PowerFAIDS, first developed by the College Board in 1996, automates the financial aid process for colleges and universities. It manages record creation, electronic communications, student eligibility determination, federal grant management, packaging, loan origination, reporting and research. PowerFAIDS version 14.2 was released in May.

"We are delighted to have gone live with PowerFAIDS," said Buddy Jackson, director of financial aid at Faulkner University. "The PowerFAIDS staff was extremely flexible and accommodating as we went through our implementation. PowerFAIDS will allow us to better serve our students and families and do it economically."

"We consider implementations very important because they allow us to get to know our clients better and customize the software based on their specific needs," said Ken Brown, senior director of enrollment software support. "Having learned more about Faulkner's financial aid process during the implementation, we are now able to provide exceptional customer service and support as they work toward their goals."

About Faulkner University

Faulkner University is a private, Christian, Liberal Arts University. Faulkner currently has four colleges: the Alabama Christian College of Arts and Sciences; the Harris College of Business and Executive Education; the Thomas Goode Jones School of Law; and the V.P. Black College of Biblical Studies. Faulkner's main campus is established in Montgomery, Ala., a stone's throne away from Old Alabama Town and the heart of the African-American Civil Rights Movement. Faulkner also has campuses in Birmingham, Huntsville and Mobile. Faulkner conducts classes at corporate sites and National Guard armories and offers over 65 different degrees, including bachelor's, master's, juris doctor and associate's degrees, as well as certificates of study. For more information about Faulkner University, please visit www.faulkner.edu.

The College Board

The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the College Board is composed of more than 5,600 schools, colleges, universities and other educational organizations. Each year, the College Board serves seven million students and their parents, 23,000 high schools and 3,800 colleges through major programs and services in college readiness, college admissions, guidance, assessment, financial aid, enrollment, and teaching and learning. Among its best-known programs are the SAT®, the PSAT/NMSQT® and the Advanced Placement Program® (AP®). The College Board is committed to the principles of excellence and equity, and that commitment is embodied in all of its programs, services, activities and concerns. For further information, visit www.collegeboard.com.

Posted 07/02/09 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.