The College Board

Financial Aid Strategy Tooling

The College Board is the nation’s leading provider of services to the higher-education community. Besides its well known testing programs, one of the Board’s core businesses is managing information about financial aid. Solveda has worked with the College Board on a number of projects and was tasked with delivering two key improvements for the Board’s financial aid services. First, the Board wanted to create a sophisticated strategy tool that would help member schools better predict enrollment profiles and financial aid scenarios. And second, the Board wanted to extend the capabilities of its PowerFAIDS financial aid software, which client schools use to manage their aid programs.


Behind FAST

The Financial Aid Strategy Tool (FAST) is a compelling new product for the College Board. FAST lets schools play sophisticated “what if?” games with enrollment forecasts by culling data from recent years, matching it against different financial aid scenarios, and predicting the corresponding enrollment profiles. In essence, FAST mines a school’s historical data to identify factors that will influence current applicants and their enrollment decisions.

Behind FAST

PowerFAIDS is a popular College Board product, used by more than 500 schools around the country to manage their internal financial aid programs. The Solveda team had a key role in the development of PowerFAIDS with its design of the PowerFAIDS Report Writer component, which expands the capabilities of PowerFAIDS by incorporating the federal government’s comprehensive feed of financial aid data. MassFAIDS takes things another step further.

What the Client says..

“I have worked with Solveda for many years, and their dependability is unquestioned. I knew that Solveda would be able to deliver complex engineering tooling for our clients and had no hesitation in engaging with them. I was not disappointed, the solutions were of a very high quality, delivered on time and within the budget.”
Harry Layman,
Director of IT, The College Board