What is Electronic Funds Disbursement?
This project focuses on securing a software solution that allows colleges to disperse funds to the recipient's bank of choice. Functionality also includes the ability to disperse financial aid awards to students. An RFP is being managed at the state level that will ultimately result in a selected vendor solution. The winning vendor will collaborate with the CTCs in integrating this tool with the Financial Management System and/or the Financial Aid Software package.
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