Financial Aid Management
Designed to streamline the school financial aid process, FACTS Grant & Aid gives school administrators flexible tools to manage the process from analysis to awarding, while making it easy for families to apply for financial help.
Financial Aid Driven by FACTS
Customized Applications
Ensure you receive the information that’s important for your school through custom application questions.
Get The Data You Need
Minimized security risks by allowing FACTS to collect necessary data such as tax, financial, and personally identifiable information, as well as providing income eligibility criteria for many state tax credit programs. If something is missing, FACTS will follow up to gather any documentation.
Integration With FACTS Tuition Management
Full integration with FACTS Tuition Management reduces administrative effort. Tuition bills accurately reflect approved financial aid, and awards are directly credited to accounts.
20+ Years’ Experience
FACTS provides security, longevity, and experience in financial aid management that delivers peace of mind you and your families can trust.
FACTS Grant & Aid Assessment Supports:
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Hassle-Free Data Management
FACTS Grant & Aid Assessment not only streamlines and automates the financial aid award process, but it also gives schools a tool to make data-driven award decisions, reducing emotional overload. Full integration with other FACTS products creates a seamless experience for both schools and families.
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Reduced Administrative Load
FACTS ensures that all necessary data is collected to make awarding decisions, including financial and tax information. If documentation is missing, FACTS follows up with families to gather the data. Data analysis to suggest award amounts reduced the emotional load of deciding which families to award aid to.
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Advanced Awarding Process
Track all awarded aid in one system, from various types of scholarships to emergency-based funds. You can also customize allocation formulas for your school’s needs and adjust expense types and caps to reflect conditions for your school.
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Minimized Risk and Liability
By keeping the financial aid award process in the FACTS system, you get added protection for personally identifiable information (PII), reducing your school’s liability.
A Better Experience for Families
Designed to make the entire financial aid process painless for families, FACTS Grant & Aid Assessment offers a centralized, user-friendly application process, plus transparent tools that keep families in-the-know at every step.
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Easy Application From Any Device
A streamlined application process with prompts along the way means families can apply for financial aid from a computer, tablet, or smartphone.
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Ongoing Updates on Progress
Families are kept informed on the status of their application and any actions needed via email. They can review awards offered and choose to accept or decline within the system.
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A Single, Centralized Application
Families can apply to multiple schools and organizations for all their students on a single, centralized application—with just one application fee per household per year.
See How FACTS Can Help You
Schools and organizations trust FACTS with their financial aid processes.
Financial aid applications are processed annually through this solution.
We are becoming a one-stop shop with FACTS now. We’re using RenWeb (now FACTS Student Information System) and FACTS Grant & Aid Assessment. We couldn’t be happier and look forward to a long and satisfying relationship with FACTS.
FACTS Insights
Ready to Start the Conversation?
We’ll help you take care of the how, so you have more time to focus on your why.