Press Release Inceptia Transforms Verification Process for Students and Schools Two Solutions, Including New SaaS System, Offer Time Savings and Flexibility Lincoln, Neb. (May 16, 2017) – With its innovative Verification Gateway solution — featuring a new Software as a Service (SaaS) option — Inceptia is making the verification process easier, faster and more accurate than ever for students and financial aid departments. The system combines the time savings of a fully automated, seamless process with the flexibility to add personal interaction whenever needed, guiding students and parents through verification via a highly secure, mobile-friendly web portal. “Verification Gateway now not only offers schools two valuable options for streamlining their verification process, but also gets financial aid departments online quickly,” said Randy Heesacker, NSLP President and CEO. “It’s estimated that one-third of FAFSAs are selected for verification, creating extra work for schools as well as the students they serve.” Verification Gateway relieves the burden of cumbersome paperwork by offering a fully automated process for students and financial aid administrators, one that’s modern and uses today’s smart technology. “Our system is truly intuitive and only requests the required documents so schools avoid having to sort through conflicting information and enjoy a much more streamlined, accurate process. Best of all, it’s an affordable solution for schools looking to get back more time to work directly with their students.” With Verification Gateway Full Service, final verifications are completed by Inceptia and processed within two business days of receipt of all documents. Alternately, schools may choose Verification Gateway SaaS, a software-only option, which enables the school to complete the verifications. Students enjoy: Options available for e-sign and text reminders. Built-in web-enabled forms and secure document upload. Document upload 24/7 from any device. Toll-free help for any questions (full-service option). Schools benefit from: The ability to package student files and disburse aid more quickly. Monitoring of all submitted data and access to student progress views via detailed real-time reports. A cloud-based system, with limited school IT support required Integration into the school’s FAM system without requiring access to the FAM system. “Verification Gateway meets Inceptia’s stringent security standards and complies with federal regulations,” Heesacker added. “As regulations change every academic year, we keep up-to-date on those changes so schools don’t have to worry about them.” For more about Verification Gateway, visit inceptia.org/financial-aid-management. ABOUT INCEPTIA Inceptia, a division of National Student Loan Program (NSLP), is a nonprofit organization committed to offering effective and uncomplicated solutions in financial aid management, default prevention, and financial education. Our mission is to support schools as they launch brilliant futures for students, armed with the knowledge to become financially responsible citizens. Since 1986, we have helped more than two million students at 5,500 schools reach their higher education dreams. Each year, we help more than 160,000 students learn how to pay for college, borrow wisely, resolve their delinquency issues, and repay their student loan obligations. Our solutions are designed to support student success by helping financial aid administrators maximize resources, so they can spend more time focusing on students.