FACTS Management, the industry leader in financial aid assessment, will put quality education within reach for thousands of families
Lincoln, Neb. (PRWEB) July 08, 2014 – The Archdiocese of Cincinnati recently selected FACTS Management as their preferred financial aid assessment provider. FACTS welcomes the 23 Catholic high schools in the Archdiocese of Cincinnati, the sixth largest Archdiocese in the United States in total student enrollment. FACTS was recently named a preferred provider for nine other dioceses in 2014.
“We are pleased to partner with FACTS Management,” said Jim Rigg, Ph.D., Director of Education Services and Superintendent of Catholic Schools in the Archdiocese of Cincinnati. “Our ultimate mission is to provide a high quality Catholic education that is accessible, available and affordable. We feel that FACTS Management will provide us with the services necessary to assess the income of our families, and help us provide tuition assistance that is impactful and fair.”
The three-year partnership will begin in the 2015–2016 school year. The benefits of choosing FACTS Management’s integrated single sign-on system include applying financial aid directly to payment plans for administrators, a one-click Spanish translation solution and dynamic live-agent web chat for truly comprehensive support. FACTS Management adheres to the most stringent security standards for payment processing by being PCI DSS Level 1 validated, SSAE 16 audited and Red Flags ready.
FACTS Management Executive Vice President and National Sales Manager, Jim Owens, is excited about this partnership, stating, “Our tools provide real-time information, which allow administrators to make an immediate assessment after receiving family data.” The FACTS Grant & Aid Assessment service includes custom reporting, tracking for multiple funding sources, solutions for unique family situations and more.
Wayne Morse, Associate Director of Finance for the Archdiocese of Cincinnati, explained, “FACTS has a long history within the Archdiocese of Cincinnati with their tuition management product, and their financial needs assessment tool was deemed to be clearly the best available. As part of their outstanding value, access to information and timing will significantly improve. Based on the consensus advisement of the High School Business Managers and Admission Directors, we are excited to be moving forward with FACTS Management to perform our collective financial needs assessment.”
About FACTS Management Company:
FACTS, http://factsmgt.com, a division of Nelnet, Inc., of Lincoln, Neb., is committed to making educational dreams possible for families and students, as well as enhancing the financial stability and affordability of educational institutions. FACTS serves more than one million families at over 6,600 schools and manages $6.9 billion in tuition funds annually. FACTS offers a comprehensive suite of services, including tuition management, payment administration and processing, financial needs assessment, and fundraising solutions.