Financial Aid Office Document Management

Student financial aid is critical for many college applicants. If you want to attract and retain the best applicants, quick and secure access to critical documents is of paramount importance. An automated student loan processing system can help you address these needs.

DocFinity® electronic document management software makes financial aid processing easier by keeping you connected to all of your information and storing it electronically in a central location so that it is readily available whenever it is needed. From applications to supporting documentation, such as photo identification, tax returns, copies of Social Security cards, bank statements, and proof of full-time student status, information is available at the click of a mouse. Automating financial aid with workflow ensures that the right work is electronically routed to the right people for timely action, including approvals, denials, and signatures. An automated student financial aid system also gives you the ability to launch commands to perform regular actions such as the initiation of standardized letters or automated calls requesting additional documentation. Waiting times are dramatically reduced, services are enhanced, and the cost of processing applications decreases.

DocFinity also simplifies records management and compliance, automating the storage and purging of documents in accordance with government regulations. Reporting tools show which members of staff have accessed information, at what time, and the actions that were taken. Management gains an instant overview of departmental processes, enabling them to make changes when necessary.

If you want to work faster without the headaches and frustration of the paper chase, we can help. Call us and ask us how. If you would like someone to contact you directly, please click here or contact us at info@docfinity.com.