Banner Financial Aid by Ellucian Roadmap LASFAA Conference October 24, 2013 Serena Hyche Consultant

Roadmap Goals

1.  Improve ability to manage financial aid for both traditional and non-traditional students.

2.  Timely compliance with US Regulatory requirements.

3.  Embrace technical currency as an ongoing requirement.

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Market Drivers that shape the roadmap

College affordability Pace of regulatory

requirements from the US Department of Education

Student success Flexible enrollment patterns

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Qua

lity

2013 2014 Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

,

Banner Financial Aid Roadmap

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80% 65% 50% Exploring

-  Targeted or Critical Defects

-  RPE’s related to BBAY

Features

-  Regulatory -  BBAY -  Period Based Processing

Quality

Information presented here is subject to change at any time at the sole discretion of Ellucian and should not be relied upon in making any purchase decision

COD 2013 Regs

Summer 2013 Regs, Direct Loan Reconciliation, FISAP

Early Decision

Winter 1314 Regs

Period Based Awards (BBAY Phase 6a)

COD 2014 Regs

Final phase of (BBAY Phase 7)

Summer 2014 Regs, DL Reconciliation & FISAP

Early Decision

Banner New UI Planning AIX 7.1 Oracle 12g support

Quality Enhancements (targeted RPE/Defect Resolution)

Quality Enhancements (targeted RPE/Defect Resolution)

Targeted API’s

Technology -  AIX 7.1 -  Oracle 12g

APIs -  Targeted API’s through

BBAY -  Prep for Banner New UI

Streamline Loans (BBAY Phase 6b)

Winter 1415 Regs

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Delivered

Shopping Sheet & Regs

Java 7

Banner Financial Aid Roadmap Highlights Highlight Value

Borrower Based Award Year (BBAY)

§  Provides ability for institutions to process aid based on BBAY

§  Period based processing of tracking, budgeting and awarding provides foundation for BBAY

Regulatory Updates §  Timely release of software ensures compliance of US

federal regulations §  Ensures no interruption in institutions ability to maintain

federal aid income

Technical Currency

§  Ensures all constituents are able to access information through the browser of their choice

§  Ensures the institution stays current on updated versions of key technology components across the Banner XE solution

APIs

§  Provide for targeted APIs as we develop additional functionality

§  Allows for consolidation and consistency of code and a lower Total Cost of Ownership

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Feature Details Banner Financial Aid

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Regulatory Updates

Feature Description COD Winter Summer Early Decision FISAP and DL reconciliation for reporting New regulations as released by the US Department of Education

Customer Value •  Enable compliance with federal requirements in order to maintain ability to offer federal financial aid. •  Timely release ensures financial aid can be used as a competitive tool for recruiting and retaining students

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October 25, 2013

Release Information

§  Loan Period & Academic Year Enhancements and TEACH Reduction (8.17.2) – 7/31/13 §  FISAP (8.17.2.1) – 8/7/13 §  Algorithmic Batch Posting (8.18) - 9/4/13 §  Period Based Awarding (8.18.1) – 10/1/13 §  FM URL change by 10/13/13 §  Early Decision (8.18.2) – will include 160+columns changing for CSS profile; INAS

anticipated release date 10/30/13 §  Recruiter Integration (8.18.3) - anticipated release date early December §  Winter Regs (8.19) – will include ede dataload/fm calc anticipated release date January

2014

Innovation Webinars on the Commons

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Awarding and Disbursement by Period

Feature Description • Ability to award on a period basis (e.g. Award Summer independently from Fall/Spring, Cancel awards on period basis, Batch posting by period, etc)

Delivered in 8.18.1 on 10/1/13

Self Service

Customer Value Second to last phase of period based functionality.

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ures

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Borrower Based Award Year (BBAY)

Feature Description BBAY and Period based processing

Customer Value Final phase of period based functionality

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Anticipated Delivery Aid Year 2015-2016

Questions and Answers

© 2013 Ellucian. All Rights Reserved - Confidential & Proprietary October 25, 2013