On Demand Financial Aid Management Solutions

The ultimate turnkey solution in financial aid management.

Regent extends its commitment to delivering flexible solutions to meet its customers’ diverse financial aid requirements through its Software as a Service (SaaS) On Demand Financial Aid Management Solution, Regent Enterprise. Financial aid is a complex and regulated business process, and Regent is the only commercial company that is 100% dedicated to financial aid, with over a hundred years of practitioner expertise.

Regent Enterprise is turnkey solution that enables your institutions to always be up-to-date and remain compliant with the latest federal regulations and updates. In addition, Regent Enterprise offers multiple enrollment and payment periods allowing your institution to have the administrative capability to manage an online division and support unlimited starts and enrollments with a single platform.

Regent is your direct liaison with the Department of Education.

What is SaaS?

The SaaS delivery platform offered by Regent is a hosted application that enables institutions to manage their complete business process for financial aid management, administration, disbursement, packaging, compliance, tracking, communications, verification, imaging, and all student self-service activities - all in one turnkey solution.

Regent’s SaaS offering is the first service of its kind for financial aid management, providing institutions with outsourced IT, hardware and application management by leveraging Regent’s leadership and expertise in financial aid management software.

In this hosted environment, users can access Regent Enterprise from any location via a secure connection. With user-defined performance and available service levels, institutions of all types and sizes can improve their quality of service through enhanced application and upgrade management, while maintaining the high level of functionality needed to process financial aid.

Why SaaS for Financial Aid?

Benefits associated with a SaaS model:

Automatic updates, including state and federal regulations - Due to operational complexity and ever increasing demands for public accountability and student achievement expectations, it is imperative that Financial Aid offices have updates in a timely manner. With on-demand applications like Regent Enterprise, institutions enjoy automatic updates and system enhancements.
Reduced reliance on IT - At its core, the on demand model minimizes IT staffing, eliminates hardware expenses, and ongoing IT maintenance. Regent’s on demand solution frees institutions to focus on their mission of serving their students.
Lower total cost of ownership – Subscription-based pricing translates to significantly lower up-front costs. With Regent Enterprise, as an institution grows its student base, the financial aid solution can grow with it. In general, the on demand model not only alleviates the costs of traditional perpetual licensing fees, but also eliminates the need for additional IT infrastructure investments.
Accelerated implementation program - Because Regent Enterprise is offered as a service, the “go-live” period to be significantly compressed, allowing users to access the Regent solution from any location via a secure connection within as few as 90 days – saving time, money, and frustration.
Secure IT infrastructure – As a hosted service, Regent maintains the required security of both data transmission and data storage. The Regent on demand financial aid management solution allows the school to set access levels for confidential information for its employees, students and intermediaries based on responsibilities and permission levels.