We're a company of people dedicated to serving education. FACTS Management Company was founded during the 1986-87 school year by David Byrnes and Stan Phillips to offer a tuition management service to private and faith-based schools. In 2005, FACTS became part of the Nelnet group of companies (www.nelnet.com), and is now also known as Nelnet Business Solutions (NBS).
FACTS / Nelnet Business Solutions started with one school and 30 families. We now serve approximately 5,000 schools, over one million families, and manage approximately $3 billion in tuition funds each year. But tuition management is not all we do. We offer a comprehensive suite of services for schools, including financial-needs assessment, enrollment management services, powerful fundraising solutions, and college and career planning resources available through Peterson's. Our programs are supported by a team of committed, service-oriented professionals that retain nearly 99% of our schools from year to year.
As part of Nelnet, FACTS Management Company is committed to making educational dreams possible for families and students, as well as enhancing the financial stability and affordability of educational institutions. We know that each institution we serve is an irreplaceable resource, and we believe that our company contributes to the lasting societal impact of quality schools and institutions. The partnership between the school and FACTS / Nelnet Business Solutions is developed via a collaborative team approach that results in the most beneficial program for the school. Our unwavering pledge to superior customer service and support is the cornerstone of this partnership.