The document discusses technology options for financial aid offices to address increasing demands on their resources. It explores using financial aid estimators to help prospective students, content management systems to simplify website maintenance and allow custom tool development, and online awarding systems that integrate with financial planning tools. The document also mentions document management, fax servers, customer relationship software, and emerging open source technologies that could benefit financial aid offices.

1. TECHNOLOGY-4-BEGINNERS:
EXPLORING FINANCIAL AID
TECHNOLOGY OPTIONS

2. Why Technology?
 Increasing Demands
 Increase enrollment
 Higher tuition cost
 Rising expectations
 Decreasing Resources
 Budgetary restrictions
 Personnel limits
©2006 Shawn C. Monk

3. What Do You Want to Do?
1. Brainstorming
2. Evaluation
3. Prioritization
4. Research & Design
5. Implementation
©2006 Shawn C. Monk

4. Dealing with Prospective
Students
 Financial Aid Estimators
 Ease fears
 Identify resources
 Increase applicants
 Educate
©2006 Shawn C. Monk

5. Financial Aid Estimators
©2006 Shawn C. Monk

6. Financial Aid Estimators
©2006 Shawn C. Monk

7. Student Aid Gateways
 Content Management Systems
 Improve quality of web content
 Simply web site publication
 Reduce demands on IT staff
 Provide platform for expansion and development of
custom tools or services
©2006 Shawn C. Monk

8. ©2006 Shawn C. Monk

9. ©2006 Shawn C. Monk

10. Online Awarding
 Demanded by students
 Increased opportunity for education of the
student & their family
 Best solutions include:
 Abilityto interact with the data
 Options for financial planning for the long term
 Additional requirements needed
©2006 Shawn C. Monk

11. Online Awarding
©2006 Shawn C. Monk

12. Online Awarding
©2006 Shawn C. Monk

13. Office Automation
 Document Management Systems
 Integrate
document imaging with workflow
management
 Fax Servers
 Customer Resource Management
 Extensive use in traditional business environment
 Intranet Resources
 Wiki
 Forums
©2006 Shawn C. Monk

14. Emerging Technology
 Mapping Your Future & Meteor
 Integrated, personalized data for exit counseling
sessions
 Kuali Financial System
 Enterprise-classfinancial management system for
colleges & universities
 Open Source Student Services System
 Possiblyan alternative to proprietary student
information systems?
©2006 Shawn C. Monk

15. Thanks!
Shawn C. Monk, J.D.
Technology, Regulatory &
Project Management Consultant
smonk@nimblemonk.com
513.488.0909
©2006 Shawn C. Monk