On April 30, 2018, Oracle announced that it has completed the acquisition of Vocado, which provides a leading student-centric, cloud-based financial aid solution for higher education institutions.
Vocado works with thousands of financial aid sources to optimize funding for any type of higher education learning model. The solution helps students identify eligibility and obtain financing so they can achieve their academic goals. Vocado integrates its financial aid solution with both cloud and on-premise Student Information Systems (SIS). Together, Oracle and Vocado offer institutions the most complete SaaS solution suite in higher education.
Source: THE ORACLE BLOG