1. Configuration Reference for Student Aid Eligibility
  2. Overview of Student Aid Eligibility

Overview of Student Aid Eligibility

Student Aid Eligibility automates the process of applying for U.S. Department of Education (ED) student financial aid.

Oracle Student Aid Eligibility (SAE) automates the processes of applying for student financial aid funds in accordance with ED guidelines. You can configure automated communications, tasks, and data exchange with ED, third-party systems, and students for minimal staff hands-on processing. A Baseline Configuration is delivered and updated with every release to cover the processing needs for most schools.

Here's what you can do with SAE:

  • Configure real-time dynamic checklists and alerts in Student Self-Service to guide students through applying for student financial aid.
  • Configure and automate Institutional Student Information Record (ISIR) processing. Document requests, electronic document submission with e-signatures, application verification, and ISIR corrections to determine a student’s individual Expected Family Contribution (EFC) can be automated.
  • Exercise Professional Judgement overrides.
Note: SAE is one of two Student Financial Aid (SFA) products from Oracle Higher Education. The other product, Student Financial Planning (SFP), includes all the features of SAE plus automated cost of attendance calculation, awarding and packaging funds, fund disbursing, and Return to Title IV funds processing.SAE includes both administrative (Financial Aid System; also known as FAS) and Student Self-Service features.When you see “SFA” referenced in Oracle Help topics, it means the topic is applicable to both SFP and SAE. In some shared topics, you may see "SFP only" or similar language if part of a topic in only applicable to SFP.