FACTS works with schools across the country to help evaluate family financial need, allowing schools to award aid with confidence.
Frequently Asked Questions
FACTS Grant & Aid Assessment is an independent, third party company that conducts financial analysis to determine your family’s financial need. Your educational institution receives a confidential report outlining your financial situation based on the information obtained in your application and supporting tax documents.
The educational institution granting aid is solely responsible for determining the final grant or aid award. The analysis completed by FACTS Grant & Aid Assessment serves as a recommendation only.
FACTS Grant & Aid Assessment does not set any income guidelines or have restrictions on who may apply for financial aid. If you feel your family should receive financial aid, it is to your benefit to apply.
Since all deadlines for submitting applications are set by the individual educational institutions, you will need to contact your educational institution to see if they are still accepting and reviewing financial aid applications.
You will need to submit your federal income tax return, W-2 forms, and supporting documentation for non-taxable income.
In order to provide your educational institution with an accurate assessment, FACTS Grant & Aid Assessment must verify your expenses and household income. By providing us with all of your information, we can assist your institution in making an informed decision about the amount of financial aid needed for each family.
No. FACTS does not require a credit check and applying for aid will not affect your credit rating.
Yes. All documentation received is imaged upon receipt and then destroyed. Then, the application data becomes property of the applicable institution.
You may login to your FACTS user account at online.factsmgt.com/aid to review the status of your application. Please allow 2 weeks processing time from the date you provided the supporting documents before inquiring further about receipt and/or status of the uploaded or faxed documents.
No. The assessment of your application will be sent only to the educational institution or organization providing the award. Information sent to FACTS Grant & Aid Assessment to complete your assessment, such as your 1040 tax form or W-2, will not be returned to you.
To retrieve your username or password, visit this link. If you’ve forgotten your username, it will be sent to the email address associated with your account. If you’ve forgotten your password, a link will be emailed to the email address associated with your account that allows you to reset your password.
If an application fee is due, the amount of the fee is indicated when applying for aid. If applicable, the nonrefundable application fee may be required before your application will be submitted.
After completing the online application, you will need to upload or fax all required supporting documentation. Documents can be uploaded online by logging in to your account at online.factsmgt.com/aid or faxed to 866.315.9264. If faxing, we suggest you include a cover sheet with your application number.
Award decisions are made by the institution, not FACTS. Once an award decision is made, the institution will notify you.
Have additional questions?
Feel free to contact us via phone or online form.