The functional financial aid office. (What's new: looking for higher-education and technology products and services? Start here).
Now financial aid offices can receive financial aid data electronically from the Federal Central Processing System (CPS (1) (Characters Per Second) The measurement of the speed of a serial printer or the speed of a data transfer between hardware devices or over a communications channel. CPS is equivalent to bytes per second. ), correct and retransmit Verb 1. retransmit - transmit again
channel, transmit, carry, impart, conduct, convey - transmit or serve as the medium for transmission; "Sound carries well over water"; "The airwaves carry the sound"; "Many metals conduct heat" data to CPS, receive National Student Loan Data System data, manage Pell Grants, and process FFELP FFELP Federal Family Education Loan Program and FDLP FDLP Federal Depository Library Program
FDLP Federal Direct Loan Program loans--all with Oracle's Student System--Financial Aid. It's one of two new modules introduced by the company. The other, Student System - Academic Recruiting, allows an institution to plan, manage, execute and analyze recruitment programs conducted via multiple channels (e-mail, Web, mail, etc.). For more details, visit www.oracle.com.
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