FACTS Launches IRS Integration to Simplify Financial Aid Applications

Lincoln, Neb., March 19, 2025 – At FACTS, we’re committed to making the financial aid process easier for schools and families. That’s why we’re excited to introduce IRS Integration within FACTS Grant & Aid Assessment—a new feature designed to make applying for financial aid easier, faster, and more secure.

With this enhancement, families can securely connect with the IRS to retrieve their tax transcripts—eliminating the need to scan, upload, or mail sensitive financial documents. This not only simplifies the application process for families but also reduces administrative work for schools, ensures a more accurate financial review, and enhances data security.

But this isn’t just about making applications simpler—it’s about creating a smoother financial journey from start to finish. FACTS Grant & Aid is designed to work seamlessly with our full suite of financial management tools, ensuring schools and families have a connected experience. Student enrollment updates from FACTS Application & Enrollment automatically flow into Grant & Aid, giving administrators real-time access to up-to-date financial data. And once financial aid decisions are made, Grant & Aid integrates directly with FACTS Tuition Management, making it easy to apply awards to tuition accounts. This ensures accurate billing and a seamless transition from financial aid decisions to tuition payments—helping families move through the process with confidence and ease.

With customizable applications, a flexible aid formula, and robust reporting tools, FACTS empowers schools to manage tuition assistance with greater efficiency and transparency. As we continue to develop solutions that simplify not just financial aid and tuition management, but the entire school experience—from education technology to services and financial management solutions—we remain committed to providing tools that help schools focus on what matters most: supporting their students and families.

Learn more about IRS Integration and how it fits into the FACTS suite of solutions at FACTSmgt.com/products/financial-management/grant-aid-assessment/.

FACTS, a Nelnet company, is dedicated to elevating education by providing schools, businesses, and communities with solutions that help them focus on their mission and achieve their goals. Serving more than 12,000 organizations and over 4 million learners worldwide, FACTS provides a comprehensive suite of education technology products, services, and financial management solutions designed to maximize learning outcomes and strengthen the financial stability of educational institutions. For more information, visit FACTSmgt.com.