Vocado Enhances Student Portal for Higher Education Financial Aid Management
Launches Flexible, Out-of the-Box Solution that Can Be Incorporated into an Existing Student Portal or Provided as a Stand-alone Solution
MANHATTAN BEACH, Calif. – June 26, 2017 – Vocado, LLC, the only financial aid management solution to process each student’s financial plan individually and in real-time, has developed a flexible, out-of box student portal for higher education institutions. The enhanced student portal provides a turnkey option for schools who need a comprehensive online platform for student finance management. It can be seamlessly incorporated into a school’s existing student portal or implemented as a stand-alone solution. The enhanced Vocado Student Portal offers single sign-on capabilities, integrated document management, and a responsive design. Vocado will launch and demonstrate its enhanced student portal at the National Association of Student Financial Aid Administrators’ National Conference in San Diego, June 26-29, booth 515.
“The Vocado Student Portal leverages all of the features and benefits of our existing student finance management solution, including real-time visibility into a student’s multi-year financial plan,” said Dan Driscoll, president and CEO of Vocado. “The enhanced student portal is an efficient and effective option for schools who want to increase student satisfaction and promote responsible borrowing. It gives students instant, intelligent feedback on the financial implications of their academic behavior, enabling them to make informed decisions about their entire degree program.”
The enhanced Vocado Student Portal provides a full-featured option for institutions that want to deliver timely and accurate student aid information, but don't want to integrate data into their existing portal, or for institutions that don't currently have a student portal. The student portal can be customized to align with schools’ brand identities, and works with all browsers and mobile platforms. It includes an integrated document management system with smart forms, automated document requests, e-signatures and automated validity checks. It can also show students a comprehensive, multi-year plan to provide visibility into the financial impacts of academic behaviors over the course of an entire program, allowing them to responsibly borrow only the funds needed to complete their degree program.
The new student portal provides the same high level of security and compliance as stateless integration into an institution’s existing portal. Vocado’s solution has been developed within a certified SOC 1 Type II environment, meeting the requirements of the American Institute of Certified Public Accountants’ (AICPA) rigorous trust services criteria for control environment & risk assessment, local access & security, computer operations, system change management, and back-up & recovery.
Vocado is the only cloud-based, expert system for real-time student finance management and actionable analytics. Vocado supports the complex financial aid management process and compliance needs of post-secondary educational institutions, and is the only financial aid management solution that addresses higher education institutions’ current requirements for accuracy, compliance and timeliness.
By using Vocado, schools can reduce time-to-aid eligibility by as much as 93 percent, increase responsible borrowing by as much as 50 percent, reduce time-to-first disbursement by 65 percent, and improve operational efficiency by 50 percent.
Vocado was created by a team of software innovators with deep experience in developing enterprise systems that address complex financial aid management processes. Vocado is designed specifically for institutions of higher education to optimize student outcomes, enhance the student experience, and maximize academic & fund flexibility.
Learn more about Vocado by visiting http://www.vocado.com/
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