FACTS make quality education affordable for families by assisting schools in awarding financial aid. We work with schools to create a custom application and collect financial data so schools can make accurate award decisions based on financial need.
To apply for financial aid, visit https://online.factsmgt.com/aid
After completing the online application, you will need to upload all required supporting documentation.
The following supporting documents are required to complete the application process:
IMPORTANT: If you file a tax return but do not have W-2 wages because you are self-employed, you will be required to submit a copy of your current year’s Federal Form 1040 Tax Return.
All documentation received is imaged upon receipt and then destroyed.
You may log in to your FACTS user account to review the status of your application. Please allow 2 weeks for processing time before inquiring further about the receipt and/or status of the uploaded documents. Application deadlines are set by the institution awarding the aid. If you are applying after the deadline, contact your school to ensure that your application will be accepted.
A non-refundable application fee may be required before your application will be submitted.
NOTE: Award decisions are made by the institution providing the financial aid, not FACTS.
FACTS Grant & Aid Assessment uses key personal and financial information to evaluate your need for financial aid. By completing an application, you will provide the necessary information to help your school administrators make an informed decision about awarding tuition aid.
The first step of the process is to complete the online application as accurately as possible. You will then need to submit your Federal income tax return, W-2 forms, and supporting documentation for nontaxable income to our office.FACTS Grant & Aid Assessment will then make a recommendation to the educational institution on how much financial assistance is needed by each family that has applied. The final decision on how much financial aid to be given to each family will rest with the educational institution.
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 two programs are completely separate. You are not required to have a FACTS agreement under the tuition management service in order to complete an application for the FACTS Grant & Aid Assessment program.
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.
All deadlines are determined by the educational institution awarding the scholarships. You will want to contact your institution to see what their deadline is.
Since all deadlines for submitting applications are set by the individual educational institutions, you willneed to contact your educational institution to see if they arestill accepting and reviewing financial aid applications.
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.
Failure to provide all of the necessary information needed to complete the application process may result in your family not receiving financial aid or limit the amount given by the organization providing the award.
No. As you complete the online application, there will be a “Save & Continue” button at the end of each section. If you are unable to complete the entire application, you can select the “Save & Exit” button and continue your application at a later time.
If you have submitted your application, you may log on to the FACTS Grant & Aid website with your username and password to access your application and make corrections or changes. Schools you have applied to will be notified of changes to your application from the original submission.
Once you have completed the online application, you will be able to log on to the FACTS Grant & Aid Assessment website with a username and password to check the status of your application. The username and password will be created by you the first time that you log on. If you have misplaced your username and password, you will need to contact a FACTS Grant & Aid Assessment team member at 866-315-9262.
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.
All documentation received from an applicant is imaged upon receipt and then destroyed for security purposes.
If you do not have a Social Security Number, you may use a Visa number, a TIN (Tax ID) number, a Passport number, or another 9-digit identifier.
The following documents are required to complete the application process:
If the applicant and co-applicant file separately, we require both tax returns for the same tax year.
– Copies of U.S. Individual Income Tax Return.
– Copies of all supporting tax schedules if you have income/loss from any of the following:
– Copies of all supporting documentation for household Nontaxable Income received. Documentation must contain the recipient, the amount received, frequency, and dates.
– Supplemental Documents: