Banner Student Aid (BSA)
What is Banner Student Aid module (BSA)?
- The Banner Student Aid module is software implemented by Æ»¹ûÒùÔº that is fully integrated with our Banner system. Æ»¹ûÒùÔº was one of five Canadian schools to work with SunGard Higher Education to develop a financial aid and awards product suitable for the Canadian environment.
- At Æ»¹ûÒùÔº, BSA is now regarded as the authoritative source for all student award and financial data.
- BSA, via the Minerva Award Processing Form, is used to process all student awards, student stipends, and financial aid payments for both undergraduate and graduate students.
BSA Benefits – Students
- Increased service
- Faster payments by direct deposit
- Flexible payment schedule not tied to payroll dates
- Minerva access to all your awards and payment schedules
BSA Benefits – Units
- Clear and easy processes to manage
- Better controls
- Eligibility checking to ensure student is registered at time of payment
- Budget validation at each payment avoids inadvertent over expenditures
- Enhanced reporting capabilities from various perspectives: student, Aid Fund and processor for planning and monitoring purposes
BSA Benefits – University
- Holistic planning tool
- A single repository of student funding data
- Helps ensure all funding sources in support of students are optimized
- Sets the groundwork for future guaranteed funding (packaging) functionality
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