The next generation of software products from GEMCOR, Inc.
What is TEAM, and how does it work?
Your TEAM system also includes electronic withdrawal and refund notifications, electronic subsequent payment requests, and most importantly, report capability ensuring that no students "slip through the cracks" and end up unprocessed.
GEMCOR's new TEAM now joins the best technical support team in the country, combining to give you effortless administration of your Title IV funds.
System Requirements: Windows XP operating system, a CD, CDR, or DVD Drive, and a DSL Connection.
Call 1-888-GEMCOR-8 today for more information about our TEAM approach to federal student aid administration.
TEAM(Title IV Electronic Awarding Module) is an optional software system that allows schools the ease of electronically transmitting award requests to GEMCOR, eliminating the need to submit physical copies of ISIRs and other supporting documentation. It reduces the turnaround time on your awards, uses today's state of the art technology, and saves you from the expense and burden of copying and mailing cumbersome packages of student files.
Using the TEAM approach to award processing is simple and efficient. Your electronic ISIR files, obtained through USDE's EDExpress software or through GEMCOR's TEAM Software, are imported into the TEAM database. After selecting a student to award, simply enter the program length, cost, and start date. Your electronic award requests can be transmitted to GEMCOR through the electronically.
TEAM is an optional system. Physical review of ISIR files is still available for those schools who like the "second set of eyes" confirming the accuracy of the ISIR file.
TheTRAX School Main Module contains databases and applications to control basic school demographic information, code numbers, branch locations, academic programs, academic courses, program costs, SAP standards, employer data (for placement), admissions representative database, and holiday calendar.
The TRAX Prospect/Lead Module contains databases and applications to control basic student demographic information, admissions representative performance tracking, lead sources, dates of contact, and resulting action, i.e. "enrolling" or "no interest".
The TRAX Enrollments Module contains databases and applications to control basic student demographic information imported from Prospect/ Leads, program information, contract cost information, start date, completion date, enrollment status, attendance schedule, admissions criteria, receivable class, i.e., financial aid, cash pay, or contract training, and current student status, i.e., active, LOA, drop, graduate.
The TRAX Satisfactory Academic Progress (SAP) Module contains databases and applications to control student attendance and grades by course and by type (lecture / lab), evaluations driven by SAP standards recorded in School Main Module, calculates cumulative percentage attendance and grade averages, and provides evaluation reports as specified by school policy.
The TRAX Accounts Receivable Module contains databases and applications to control student charges and credits. It is designed as a debit, credit, balance system with multiple credit level tracking capability for ease with 1098-T reporting requirements and 90-10 rule compliance. Separate applications will provide a quick analysis and report of unearned tuition liability for audit purposes.
The TRAX Graduate Placement Module contains databases and applications to control student placement record keeping. The system tracks graduation dates, placement dates, employers, projected 13 week employment confirmation dates, and dates of last confirmation. Built in report generator creates employment confirmation letters to send to employers at 13 week confirmation date.
The TRAX Default Management Module contains databases and applications to control student loan default management. This module tracks entrance / exit counseling dates, loan amounts and types, last date of attendance, projected date of repayment commencement, student references, multiple grace period and delinquency letters, deferment/forbearance status, and default date. Cohort Default Rate (CDR) calculations give you early estimates of your next published default rate.
GEMCOR, Inc. 400-D Quadrangle Drive Bolingbrook, Illinois 60440
