About Us
Global Financial Aid Services, Inc. provides back office financial aid administration, hosted financial aid software and file review services to colleges and universities.
Global "Fast Facts" include:
- Founded in 1996
- Over 400 campuses under management
- $4.0 billion in aid disbursed annually
- Online and ground environments
- SAS 70 Level 2 Audited
Global Financial Aid Services, Inc. was founded in 1996 by leaders in financial aid administration. Starting with one school, the company has grown to manage over 400 campuses disbursing over $4.0 billion in financial aid annually.
Global is a long-term operating partner that shares risk with each client. We are not a software company, nor are we a consulting company; however, we have significant capabilities in both areas. The client is responsible for strategy, policy and governance while Global provides day-to-day administration using best practice processes and state-of-the-art technology.
We leverage people, process and technology to deliver business results that:
- Optimize financial aid
- Maximize enrollment
- Improve student service
- Reduce administrative costs
- Ensure compliance
More than ever colleges and universities are providing a critical service to society. As we embrace the global economy we must ensure our workforce is prepared for the opportunities ahead.
At the same time colleges and universities are facing significant challenges including:
- Changing student demographics (e.g., increase in non-traditional students)
- Budget cuts
- Continued tuition increases
- Competitive pressure
- Demand for more students to meet workforce needs
In order to succeed colleges and universities must focus financial resources on strategic activities including; curriculum, faculty and student service. By outsourcing certain administrative functions to a specialist such as Global, institutions can 'free-up' funds to spend on strategic priorities.
Global has extensive experience with new client solution implementations. Since 1996 we have designed and implemented outsourcing solutions for over 400 college campuses and online environments.
Each client has unique characteristics. To determine the appropriate solution, Global first seeks to understand your goals and current environment. We then determine the best service or combination of services to meet your strategic priorities. A proposal is then delivered with a draft scope of work, timelines and pricing.
During the sales process a Solution Architect is assigned to customize our services to best meet the client's needs. A Project Manager is then assigned to manage the program. After implementation, management is provided by a Client Services Director who manages changes, client satisfaction and reporting.
To learn how Global Financial Aid Services, Inc. can help your institution, please call 214.208.0436 or contact us today.