FACTS Grant & Aid Assessment - 2026 Pricing, Features, Reviews & Alternatives

FACTS Grant & Aid Assessment helps private and faith-based K12 schools manage financial aid applications efficiently and fairly. Designed to reduce administrative work, the platform simplifies the entire process from application submission to award distribution. Schools get a clear, data-driven picture of a family's financial situation through a detailed review of tax documents, household income, and expenses. Customizable application forms allow schools to collect the specific information they need, while automated calculations and expert analysis ensure that aid decisions are fair and transparent. The platform also tracks multiple aid types, including grants, scholarships, and need-based assistance, so schools can manage their financial aid programs with flexibility and accuracy.

To make financial verification easier for families, FACTS offers optional IRS integration, which allows applicants to securely connect to IRS records and share 1040s and W2s directly through the system. This eliminates the hassle of scanning, uploading, or mailing sensitive documents, saving time while ensuring accuracy. Families can track their application status in real time and receive updates.

For schools, FACTS Grant & Aid Assessment provides a range of tools to simplify financial aid management. Schools can customize aid formulas to align with their specific policies, automate need analysis to reduce manual work, and track all types of aid while maintaining compliance with reporting requirements.

Integration with FACTS Tuition Management ensures that awarded aid is automatically applied to family tuition accounts, minimizing errors and reducing manual adjustments. This connection helps schools maintain financial sustainability by ensuring tuition payments reflect approved aid amounts. With built-in security measures, FACTS protects sensitive financial data through encryption and industry-standard compliance, giving schools and families peace of mind.

FACTS Grant & Aid Assessment is a trusted solution for schools looking for a fair, secure, and easy way to manage financial aid. By combining expert financial analysis, automation, and seamless system integration, it helps schools support their families while ensuring a smooth and sustainable financial aid process.