Implementation of Oracle Student Financial Planning Canceled

After careful consideration, we have decided to cancel the Oracle Student Financial Planning (SFP) Project, which was planned to replace our current financial aid system with SFP.  The project kicked off in July 2022 and was paused in January 2024 to avoid conflicting with the effort to implement the new student information system.

Reasons for Cancellation

The decision to cancel the project was made due to unresolved concerns about the functionality of SFP, with essential features lacking a clear development timeline. Despite significant efforts over the past two years by the project’s implementation team, continuing this project would not be in the best interest of our students, our financial aid staff or the university as a whole.

This decision was not made lightly and project leadership, key stakeholders and subject matter experts were all consulted in the process of deciding to cancel. In time, SFP may be a mature enough product to serve the needs of our students and the complexities of our financial aid processes, but that is not the current state of the product. Therefore, we are now focusing on formally closing the SFP Project.

Our Appreciation

We would like to express our sincere gratitude to everyone who contributed to the project, especially the subject matter experts from the Financial Aid & Scholarships Office, the Health Sciences Financial Aid Office, the Graduate Financial Support Unit, and Student Financial Solutions; the technical experts in IT Services; the expert facilitators from Operational Strategic Initiatives; and project governance and executive leadership. Your commitment and effort have been invaluable, and we greatly appreciate the time and energy invested by everyone involved in this project.

Available Resources

We understand that this news may be unexpected; if you have any questions or concerns, please do not hesitate to reach out to esr-student@ucsd.edu. We have also provided responses to some frequently asked questions about the cancellation in the project’s Collab space.