Auto-Synchronizing Academics and Financial Aid.
Vocado dynamically manages the impact on financial aid due to changes that affect a student's schedule (LOA, course failure, switch to part time, grade change, changes to tuition/fees, etc.).
When required, Vocado automatically repackages students when academic, scheduling and financial information changes, keeping financial aid completely in sync with underlying student data. Vocado can even predict changes to financial aid based on hypothetical academic situations.
And, Vocado also manages tight dependencies (e.g. complete SAP before making a disbursement), and automates G5 drawdowns, reconciliations, and credit balances resulting from disbursements, ensuring 100% compliance with Department of Education timeframes.