Gartner defines the student information system (SIS) as the core system of record for higher education institutions that serves as the central hub for storing, organizing and processing student academic and administrative activities. The SIS supports student, faculty and staff-facing functionality, including management of information assets, while also supporting back-end administrative functionality. Current market offerings vary in size, scope, regionalization, functional capability and delivery options. Serving the students, faculty and administrative staff, the SIS provides a chronology of individual business transactions, academic activity, advising interactions and educational outcomes. Additionally, it manages vital student assets, including course offerings, course catalogs, course registrations, financial aid, grades and transcripts throughout the student life cycle. Offerings can range from individual components to enterprise wide integrated solutions, or they may be part of a larger administrative ERP application suite.