Side by side
Ellucian Banner Finance vs EMPOWER Financial Aid
Both stand on financial aid management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Consider Banner Finance if a higher education institution needs finance operations, grant accounting, and staff self-service in a cloud system. Buyers seeking a published price should look elsewhere or request a demo from Ellucian to discuss pricing.
Visit Ellucian Banner FinanceChoose EMPOWER Financial Aid if your college or university wants aid management connected with student, admissions, and billing data, alongside forms and government interfaces. Consider its cloud or self-hosted licensing according to whether the institution wants hosting and maintenance included or will manage its own environment and security; pricing requires a request.
Visit EMPOWER Financial AidThe facts
| Ellucian Banner Finance | EMPOWER Financial Aid | |
|---|---|---|
| Free plan | Not published | Not published |
| Open source | Not published | Not published |
| Runs on | Android, iPhone, Web | Self-hosted, Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 1 | 2 |
| Maker | Ellucian Banner Finance | Not published |
| Website | ellucian.com | empowersis.com |
| On financial aid management software | #5 of 25 | #11 of 25 |
Ellucian Banner Finance: what it does well
- Covers core finance, procurement, grants, and endowment processes.
- Research and Grants supports work from proposal through project close.
- My Finance Query includes dashboards, saved queries, and query sharing.
- Provides secure mobile access and self-service views.
- Includes financial statement reporting for GASB and FASB.
What to know first
- Pricing is available on request, so buyers must contact Ellucian.
- Designed for higher education institutions and their financial processes.
EMPOWER Financial Aid: what it does well
- Connects student records, admissions, and billing in real time.
- Staff can manage aid types, loans, and rules.
- Supports FISAP, ISIR, Clearinghouse, and CommonLine 5 forms.
- Includes listed government and clearinghouse interfaces.
- Modular configuration lets schools select relevant functions.
What to know first
- Pricing is available on request.
- Self-hosted institutions manage their environment and security.
Alternatives to Ellucian Banner Finance Alternatives to EMPOWER Financial Aid The whole list