About PowerFAIDS

With over 50 years of experience in delivering financial aid solutions, College Board brings an established history of holistic financial aid management for higher education.

Beginning in the 1970s, College Board released PARS, one of the first software systems for packaging aid. In the 1980s, MicroFAIDS was developed, the precursor to the modern day PowerFAIDS system.

Upon the development of PowerFAIDS in the 1990s, College Board hosted its very first PowerFAIDS User Conference in Denver, Colorado. Within ten years of that conference, College Board introduced Net Partner, the PowerFAIDS Student Portal. Since that time, PowerFAIDS on desktop has been one of the longest-running financial aid management systems, offering decades of functionality to meet changing needs, including prior-prior year, professional judgment, web APIs, and more.

PowerFAIDS has always remained informed by its user community, and today’s PowerFAIDS Advisors comprise a diverse set of over 30 institutions with enrollment sizes from the hundreds to the tens of thousands and representing all major Student Information Systems (SIS).

As it approaches its 30th anniversary, PowerFAIDS has served hundreds of colleges, schools, scholarship programs, and more, and we’re delighted to work closely with our partners to take this next iteration to new heights. Launching in 2023, PowerFAIDS Cloud builds on this history of delivering the most up-to-date financial aid tools to make processing and packaging easier and more efficient while continuing to deliver as the industry leader in compliance.