Grant & Aid Assessment
Designed to streamline the 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
Minimize 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
Integration with FACTS Tuition Management reduces administrative effort. Tuition bills accurately reflect approved financial aid, and awards are directly credited to accounts.
Award Aid to the Right Students
Ensure accurate awarding of financial aid to the deserving students. Get a clear, holistic picture of a family’s finances, including in cases where a parent(s) is self-employed.
FACTS Grant & Aid Assessment Supports:
K-12 Education
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 all necessary data, including financial and tax information, is collected. If families have outstanding actions to complete their application, we’ll remind them so you don’t have to. And you’ll save time by automating tasks like narrowing down eligible students and applying awarding rules.
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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 the formula 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
Applications are simple to complete and a mobile-responsive design means families can apply from any device—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 or online. 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
Connect Your Entire School
With integrated financial, administrative, and academic systems you’ll optimize your school’s processes and give families a convenient, connected experience.
Integrate Grant & Aid Assessment with:
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FACTS Tuition Management
Apply financial aid awards directly to tuition payment plans
7
K+
Schools and organizations trust FACTS with their financial aid processes.
400
K+
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.
Danette Curtis
St. Luke School
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